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Home » $1B semiconductor investment coming to Roseville
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$1B semiconductor investment coming to Roseville

tghadminBy tghadminApril 27, 2023No Comments4 Mins Read
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Rising demand for electric vehicle semiconductor chips is leading to a historic investment, not only for the city of Roseville and the greater Sacramento region but for the entire state of California, according to the Greater Sacramento Economic Council. BOSCH announced Wednesday morning that it is acquiring TSI Semiconductors, based in Roseville.”This will make a big impact in that sector and in the region,” said City of Roseville Vice-Mayor Krista Bernasconi. As part of the announcement , the company announced that it plans to invest more than $1.5 billion in the Roseville site and convert TSI Semiconductors’ manufacturing facilities to state-of-the-art processes.”With this planned investment in the US, we are also increasing our manufacturing semiconductor around the world,” said Dr. Stefan Harting, BOSCH chairman. “The Roseville location has been in existence since 1984. Over nearly 40 years, the US company has developed extensive expertise in semiconductor manufacturing.” Starting in 2026, the first chips will be made on 200-millimeter wafers based on the innovative material silicon carbide , read a news release.”Roseville is a highly sought-after location for innovative companies expanding their operations . We are a community of choice for investment, with an environment that fosters business growth,” said City of Roseville Mayor Bruce Houdesheldt. “This historic investment is highly impactful as the automotive industry operates in electrifying mobility. As a region, we want to focus on expanding this industry to help build the supply chain as we continue to support future mobility,” said Barry Broome, President & CEO of the Greater Sacramento Economic Council. The full scope of the planned investment in Roseville is highly dependent on federal funding opportunities available through CHIPS and the Science Act, according to a company statement. “Bosch’s planned investment presents an important economic opportunity,” said City of Roseville Economic Development Director Melissa Anguiano. “We look forward to welcoming Bosch to our city and being a strong community partner.”

ROSEVILLE, Calif. —

Rising demand for electric vehicle semiconductor chips is leading to a historic investment, not only for the city of Roseville and the greater Sacramento region but for the entire state of California, according to the Greater Sacramento Economic Council.

BOSCH announced Wednesday morning that it is acquiring TSI Semiconductor, based in Roseville.

“It’s going to have a huge impact on that sector and the region,” said City of Roseville Vice-Mayor Krista Bernasconi.

As part of the announcement, the company announced that it plans to invest more than $1.5 billion in the Roseville site and convert TSI Semiconductors’ manufacturing facilities to state-of-the-art processes.

“With this planned investment in the US, we are also increasing our semiconductor manufacturing globally,” said Dr. Stefan Harting, chairman of BOSCH. “The Roseville location has been in existence since 1984. For nearly 40 years, the US company has developed extensive expertise in semiconductor production.”

Starting in 2026, the first chips will be made on 200-millimeter wafers based on the innovative silicon carbide material, read a news release.

“Roseville is a highly sought-after location for innovative companies expanding their operations. We are a community of choice for investment, with an environment that fosters business growth,” said City of Roseville Mayor Bruce Houdesheldt.

“This historic investment is highly impactful as the automotive industry works to strengthen mobility. As a region, we want to focus on expanding this industry to help build the supply chain as we continue to support future mobility. take action,” said Barry Broome, President & CEO of the Greater Sacramento Economic Council.

The full scope of the planned investment in Roseville is highly dependent on federal funding opportunities available through CHIPS and the Science Act, according to a company statement.

“Bosch’s planned investment presents an important economic opportunity,” said City of Roseville Economic Development Director Melissa Anguiano. “We look forward to welcoming Bosch to our city and being a strong community partner.”

Coming investment Roseville semiconductor
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