Bosch acquiring TSI Semiconductors' Roseville chip factory to quickly deliver EV technology, Chairman Hartung says

Bosch is acquiring TSI Semiconductors' chip fabrication plant in order to quickly bring a new generation of silicon carbide chips to market.

Bosch acquiring TSI Semiconductors' Roseville chip factory to quickly deliver EV technology, Chairman Hartung says

The chairman of Bosch announced that the German company will acquire TSI Semiconductors, a chip fabrication facility in Roseville. This acquisition is expected to help Bosch bring a new silicon carbide chip generation to market quickly.

Stefan Hartung, Chairman of the Board of Management of Stuttgart-based Bosch, stated in an interview with Bloomberg Television that he wanted the Roseville facility to begin supplying chips to the automotive industry by 2016.