May 24 News:

    As the demand for silicon carbide chips continues to increase, it plans to acquire US chip maker TSI Semiconductor in the near future. 

    Bosch said that in the next few years, the company plans to invest more than $1.5 billion in TSI's plant in Roseville, California, USA, and transform TSI's semiconductor manufacturing facilities to the most advanced technology. 

    At the same time, Bosch will significantly expand its global silicon carbide chip product portfolio by the end of 2030. 

    The two companies have reached an agreement not to disclose any financial details of the transaction, which is subject to regulatory approval.