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Bosch opens $1.2 billion chip plant in Germany

Germany technology and parts supplier Robert Bosch opened a €1 billion ($1.2 billion) chip factory in Dresden, Germany on Monday, the single largest investment in the company’s history. The plant, whi

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Mitsubishi Electric to acquire plant from Sharp to boost EV power chip

Reuters Japan's Mitsubishi Electric Corp said on Thursday it would buy part of a plant in western Japan from Sharp Corp to meet growing demand for power management chips used in electric vehic