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{{Short description|German engineering and technology company}} | |||
{{Other uses|Bosch (disambiguation){{!}}Bosch}} | |||
{{Redirect2|BOSCH|Bosch Corporation|other uses|Bosch (disambiguation)}} | |||
{{COI|date=September 2022}} | |||
{{Use dmy dates|date=June 2020}} | |||
{{Infobox company | {{Infobox company | ||
| name |
| name = Robert Bosch GmbH | ||
| logo |
| logo = <!-- Wikidata --> | ||
| logo_size = 250px | |||
| logo_caption = Logo since 2002 | |||
| image = BoschRenningen-pjt.jpg | |||
| type = ] (]) | |||
| image_size = 250px | |||
| foundation = {{start date and age|df=yes|1886|11|15}} | |||
| |
| image_caption = Corporate Sector Research and Advanced Development in ], Germany | ||
| type = ] | |||
| founder = ] | |||
| foundation = {{start date and age|df=yes|1886|11|15}} | |||
| area_served = Worldwide | |||
| location = Robert-Bosch-Platz 1, 70839 ], ], Germany | |||
| key_people = ] (]) | |||
| founder = ] | |||
| industry = ] | |||
| area_served = Worldwide | |||
| products = ], ], ], ], ], ], motorized bicycle motors | |||
| key_people = ] (]), (], ]) | |||
| revenue = {{Gain}} ]78.0 billion (2017)<ref name="press2017">{{Cite press release |url=http://www.bosch-presse.de/pressportal/de/en/bosch-significantly-increases-sales-and-earnings-141760.html |title=A successful business year in 2017 |publisher=Robert Bosch GmbH |date=January 30, 2018 |accessdate=30 January 2018}}</ref> | |||
| industry = ] | |||
| operating_income = {{Gain}} €5.3 billion (2017)<ref name="press2017" /> | |||
| products = {{hlist|]|]|]|]|]|]|]|]}} | |||
| net_income = {{Gain}} €4.1 billion (2017)<ref group="*" name="report2">{{Cite press release |url=https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-annual-report-2017.pdf |title=Annual Report 2017 |format=PDF |publisher=Robert Bosch GmbH}}</ref> | |||
| revenue = {{Increase}} ]91.59 billion (2023)<ref name="Annual Report 2023">{{Cite press release |title=Annual Report 2023 |publisher=Robert Bosch GmbH|url=http://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-annual-report-2023.pdf |url-status=live |archive-url=https://web.archive.org/web/20240502132216/http://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-annual-report-2023.pdf |archive-date=2024-05-02 |archive-format=PDF |access-date=2024-05-07 }}</ref> | |||
| assets = {{Gain}} €83.87 billion (2017)<ref group="*" name="report2" /> | |||
| |
| operating_income = {{Increase}} €4.503 billion (2023)<ref name="Annual Report 2023" /> | ||
| |
| net_income = {{Increase}} €2.640 billion (2023)<ref name="Annual Report 2023" /> | ||
| assets = {{Increase}} €108.33 billion (2023)<ref name="Annual Report 2023" /> | |||
| owner = {{nowrap| ] (92%)<ref name="owner">{{Cite web|url=http://www.bosch-stiftung.de/content/language2/html/389.asp |title=Robert Bosch Stiftung - The Robert Bosch Stiftung |publisher=Robert Bosch Stiftung |accessdate=28 November 2015 |deadurl=yes |archiveurl=https://web.archive.org/web/20151128231623/http://www.bosch-stiftung.de/content/language2/html/389.asp |archivedate=28 November 2015}}</ref>}} | |||
| equity = {{Increase}} €47.89 billion (2023)<ref name="Annual Report 2023" /> | |||
| subsid = BOSCH Ltd. | |||
| num_employees = 429,416 (2023)<ref name="Annual Report 2023" /> | |||
| homepage = {{URL|bosch.com}} | |||
| owners = {{nowrap| ] (92%)<br />Bosch Family (8%)}} | |||
| footnotes = <references group="*"/> | |||
| subsid = {{plainlist| | |||
* ] | |||
* ] | |||
* ] | |||
}} | |||
| homepage = {{url|https://www.bosch.com/|bosch.com}} | |||
}} | }} | ||
'''Robert Bosch GmbH''' ({{IPAc-en|b|ɒ|ʃ}}; {{IPA |
'''Robert Bosch GmbH''' ({{IPAc-en|b|ɒ|ʃ}}; {{IPA|de|bɔʃ|lang|Robert Bosch GmbH.ogg}}), commonly known as '''Bosch''' (styled '''BOSCH'''), is a German ] ] and ] headquartered in ], ], ]. The company was founded by ] in ] in 1886.<ref name=YFbosch>{{cite web|title=Robert Bosch GmbH Company Profile|publisher=Yahoo! Finance |url= http://biz.yahoo.com/ic/41/41437.html}}</ref> Bosch is 94% owned by the ], a charitable institution.<ref name="Annual Report 2020" /> Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business. | ||
Bosch's core operating areas are spread across four business sectors |
Bosch's core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including ] and power tools), industrial technology (including ]) and energy and building technology.<ref>{{cite web |url=https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-today-2018.pdf |title=Bosch Today 2018 |date=22 May 2018 |work=Bosch Global |access-date=22 May 2018 |archive-date=23 May 2018 |archive-url=https://web.archive.org/web/20180523095844/https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-today-2018.pdf |url-status=dead }}</ref> In terms of revenue, Bosch is the ]. | ||
==History== | ==History== | ||
===1886–1920=== | ===1886–1920=== | ||
], founder of the company]] | |||
The history of the company started in a backyard in Stuttgart-West as the ''Werkstätte für Feinmechanik und Elektrotechnik'' on 15 November 1886. One year later, Bosch presented the first low voltage magneto for gas engines. Twenty years later, the first magneto for automobiles followed. | |||
The company started in a backyard in Stuttgart-West as the {{lang|de|Werkstätte für Feinmechanik und Elektrotechnik}} (Workshop for Precision Mechanics and Electrical Engineering) on 15 November 1886.<ref>{{Cite book |last=Theiner |first=Peter |url= https://books.google.com/books?id=d0i9DwAAQBAJ |title=Robert Bosch: An Entrepreneur in an Age of Extremes |date=2019-10-15 |publisher=C.H. Beck |isbn=978-3-406-74146-3 |language=en}}</ref> The next year Bosch presented a low voltage ] for gas engines. | |||
The first factory was opened by Bosch in Stuttgart in 1901. In 1906, the company produced its 100,000-th magneto. In the same year, Bosch introduced the 8-hours day for workers. In 1910, the ''Feuerbach'' plant was founded and built close to Stuttgart. In this factory, Bosch started to produce headlights in 1913. | |||
From 1897, Bosch started installing ] devices into ] and became a supplier of an ignition system. In 1902, the chief engineer at Bosch, ], unveiled the high-voltage magneto ignition system with ].<ref>{{cite web |title=The beginnings 1886–1905 |url= https://www.bosch.com/stories/1886-1905-from-first-workshop-to-factory/ |department=Bosch Global |publisher=Robert Bosch |access-date=12 May 2019 }}</ref> | |||
In 1917, Bosch was transformed into a corporation. | |||
In 1901, Bosch opened its first factory in Stuttgart. In 1906, the company produced its 100,000th magneto. In the same year, Bosch introduced the eight-hour day for workers. In 1910, the Feuerbach plant was founded and built close to Stuttgart. In this factory, Bosch started to produce generators and headlights "Bosch-Light" in 1914. The system had been presented in 1913.<ref name="Bosch">{{cite book |last1=Bähr |first1=Johannes |url= http://dx.doi.org/10.17104/9783406683602 |title=Bosch |last2=Erker |first2=Paul |date=2015 |publisher=C.H. Beck |doi=10.17104/9783406683602 |isbn=978-3-406-68360-2}}</ref> | |||
===Until 1945=== | |||
In 1926, Bosch started to produce windscreen wipers, and in 1927, injection pumps for diesel. Bosch bought the gas appliances production from Junkers & Co. in 1932. In the same year, the company developed its first power drill and presented its first car radio. | |||
The onset of motorization in road traffic meant that the company grew very rapidly after 1900. While Bosch had a workforce of 45 in 1901, it had grown to more than 1,000 by 1908.<ref name="Bosch"/> | |||
In 1937, Bosch was transformed into a limited liability company. | |||
In 1913, Bosch founded an apprentice workshop in order to recruit qualified young people for the production of automotive electrics.<ref name="Bosch"/> Bosch's international development began in 1898 with the opening of a branch in London, followed the next year by Paris, Vienna, and Budapest. By 1909, Bosch was represented by trading partners on every continent: in 1906 in New York (U.S.) and Johannesburg (South Africa), in 1907 in Sydney (Australia), in 1908 in Buenos Aires (Argentina), in 1909 in Shanghai (China), in 1910 in Rio de Janeiro (Brazil), and in 1911 in Tokyo (Japan). Bosch opened the first factory outside Germany in Paris, in 1905, and the first on another continent in 1912 in Springfield, Massachusetts (USA).<ref name="Bosch"/> | |||
Bosch's subsidiary, ''Dreilinden Maschinenbau GmbH (DLMG)'' was an arms manufacturer in Kleinmachnow. This subsidiary employed forced laborers, prisoners of war and concentration camp detainees. There are two books published by Angela Martin and Hanna Sjöberg that report about Bosch's use of slave labor. Since 2006, there is a commemoration in the former forced labor camp. | |||
In 1917, Bosch was transformed into a corporation and remained so until 1937, when Robert Bosch became the sole owner again after buying back his shares. In the process, the company became a limited liability company (GmbH).<ref name="Bosch"/> | |||
On 12 March 1942, the company's founder, Robert Bosch, died at the age of 80. | |||
=== |
=== 1920s–1945 === | ||
After the First World War, Bosch lost most of its international holdings, including its U.S. factories. The company had to largely rebuild its international activities. This included opening up further South American and Asian regions. In 1922, for example, Illies & Company established a sales office for Bosch goods in Calcutta, India. In the years that followed, Bosch concluded contracts in Asia with sales partners in Malaysia, Singapore, Thailand, and what is now Indonesia, for example, and on the American continents with partners in Mexico, Peru, Colombia, and Ecuador.<ref name="Bosch"/> | |||
After the second world war, Bosch established a partnership with the Japanese company ]. | |||
In the 1920s, Bosch expanded its product range to include numerous automotive technology products that were required for cars in everyday use: electric horn (1921), windshield wipers (1926), and direction indicators ("trafficator", 1927).<ref name="Bosch"/> | |||
In 1964, the ''Robert Bosch Stiftung'' was founded. Bosch founded a new development center in Schwieberdingen in 1968, and headquarters moved to Gerlingen in 1970. | |||
In 1927, Bosch launched injection pumps for diesel. Bosch bought the gas appliances production from Junkers & Co. in 1932, as a part of a diversification strategy. In 1932, the company developed its first electric drill and presented its first car radio. In 1933, Bosch presented its first electric refrigerator for private households.<ref name="Bosch"/> | |||
In 1981, the company participated on an equity basis in the '']'' that was renamed '']'' in 1985, and acquired completely in 1987. In 1994, this part of the company was renamed as ''Bosch Telecom GmbH''. | |||
=== Nazi collaboration === | |||
The most relevant inventions of the company until 2000 were the oxygen sensor (1976), the electric motor control (1979), the traction control system (1986), the xenon light for cars (1991), the electronic stability control (1995), the common rail direct fuel injection (1997), and the direct fuel injection (2000). | |||
In late 1933 negotiations between Robert Bosch AG and the ] began on relocating parts of armaments production to Germany's interior. Bosch founded two such alternative plants in 1935 and 1937: Dreilinden Maschinenbau GmbH in ] near Berlin and Elektro- und Feinmechanische Industrie GmbH (later Trillke-Werke GmbH) in ]. Both plants were used exclusively for armament production. These "shadow factories" were built under great secrecy and in close cooperation with the Nazi authorities.<ref>{{cite web |url= https://www.translatetheweb.com/?from=&to=en&dl=en&ref=trb&a=https%253A%252F%252Fwww.stuttgarter-zeitung.de%252Finhalt.unternehmen-im-dritten-reich-robert-bosch-und-der-doppelte-spagat.dd553a40-57df-4ae8-a88d-3a46b7106081.html |archive-url= https://web.archive.org/web/20200131171817/https://www.translatetheweb.com/?from=&to=en&dl=en&ref=trb&a=https%253A%252F%252Fwww.stuttgarter-zeitung.de%252Finhalt.unternehmen-im-dritten-reich-robert-bosch-und-der-doppelte-spagat.dd553a40-57df-4ae8-a88d-3a46b7106081.html |url-status=dead |archive-date=31 January 2020 |title=Companies in the Third Reich: Robert Bosch and the double balancing act |last=Heller |first=Michael |date=12 January 2014 |website=stuttgarter-zeitung.de |publisher=Stuttgarter-Zeitung |access-date=31 January 2020 |quote=Many forced laborers worked at the Bosch plants. Bähr and Erker estimate the total number at 20,000 forced laborers, including 1,200 concentration camp inmates. At the end of 1944, the share of forced labourers in the workforce was around 33 percent; in the whole of German industry it was about 25 percent in August 1944. It cannot be said that the forced laborers at Bosch fared better than elsewhere. Especially in the factories far from Stuttgart, such as in Kleinmachnow near Berlin or in Langenbielau (Bielawa) in Silesia, there were attacks. 'The Russian workers and prisoners of war were subjected to arbitrary acts and denunciations contrary to all the principles of the company, and concentration camp prisoners were brutally abused at the Langenbielau plant,' the historians write.}}</ref> In 1937, Bosch AG became a limited liability company (]). | |||
The Bosch subsidiary Dreilinden Maschinenbau GmbH (DLMG) in Kleinmachnow employed around 5,000 people, more than half of whom were ], prisoners of war, and female concentration camp prisoners, including many women from the ].<ref>{{cite web |title=The Virtual Museum of the Holocaust and the Resistance – Irena Matusiak: Cookbooks and diaries |url= https://library.mcmaster.ca/archives/virtualmuseum/mod1-3.html |website=library.mcmaster.ca}}</ref> They had to produce accessories for German ] aircraft. In Hildesheim, a secret plant for the entire electrical equipment of tanks, tractors, and trucks of the ] was built. In 1944, 4,290 men and women worked in the Trillke factory, 2,019 of whom were forced laborers, prisoners of war, and military internees. {{Citation needed|reason=Your explanation here|date=May 2019}} During the ], there were at least 3,000 workers at the mechanics division at the ] plant, almost all of them from nearby occupied countries; there were only 200 recorded German workers.<ref>{{cite book |last1=Bergerson |first1=Andrew Stuart |title=Ordinary Germans in Extraordinary Times: The Nazi Revolution in Hildesheim |date=14 October 2004 |publisher=Indiana University Press |isbn=978-0-253-11123-4 |page=218 |url= https://books.google.com/books?id=rGTL30QmPhsC&pg=PA218 |language=en}}</ref> | |||
In 2000, Bosch sold the Private Networks area (nowadays, ] and ], respectively). | |||
In the last years of the war, no new German tank ever drove without the starter elements from the Bosch factory in Hildesheim. Bosch also had a monopoly position in the outfitting of German Luftwaffe aircraft.<ref name="AIRSCIENCE">{{cite book |title=Air Science: Introduction to aviation |date=1953 |publisher=U.S. Air University, Air Force Reserve Officer Training Corps |location=Montgomery |page=48 |url= https://books.google.com/books?id=jJmlcqjKdNkC&pg=PA48 |language=en}} "Even more poorly dispersed was aircraft magneto production, as the Bosch plant located at Stuttgart produced all the magnetos for the German military machine."</ref> | |||
During the war, production was further decentralized, Bosch produced in an ever larger number of factories, and relocated parts of its production to 213 plants in more than 100 locations.{{fact|date=September 2022}} | |||
===21st century=== | ===21st century=== | ||
In 2001, Bosch acquired |
In 2001, Bosch acquired ''Mannesmann Rexroth AG'', which they later renamed to '']''. In the same year, the company opened a new testing center in Vaitoudden, close to ] in north Sweden. A new developing center in ], Germany followed in 2004. | ||
In 2002, Bosch acquired Philips CSI, which at the time was manufacturing a broad range of professional communication and security products and systems including ], congress, and public address systems.<ref>, 12 August 2002</ref> | |||
Important inventions in these years were the electric hydraulic brake in 2001, the common rail fuel injection with piezo-injectors, the digital car radio with a disc drive, and the cordless screwdriver with a lithium-ion battery in 2003. | |||
In the 2000s the company developed the electric hydraulic brake, common rail fuel injection with piezo-injectors, digital car radio with a disc drive, and the cordless screwdriver with a ] in 2003. | |||
Bosch received the ''Deutsche Zukunftspreis'' (German Future Prize) from the German president in 2005 and 2008. A new development center was planned in 2008 in Renningen. In 2014, the first departments moved to the new center, while the remaining departments followed in 2015. | |||
In 2004, Bosch bought Sigpack Systems from ].<ref>{{Cite web |title=100 years of innovation in the packaging industry |url=https://process-technology-online.com/top-news/news/100-years-of-innovation-in-the-packaging-industry/ |access-date=2023-10-31 |website=Process technology online - Konradin-Verlag Robert Kohlhammer|date=7 September 2006 }}</ref> | |||
In 2006, Bosch acquired Telex Communications and Electro-Voice. | |||
Bosch received the {{lang|de|Deutsche Zukunftspreis}} (German Future Prize) from the German president in 2005 and 2008. A new development center was planned in 2008 in ]. In 2014, the first departments moved to the new center, while the remaining departments followed in 2015. | |||
In 2009, Bosch invested about 3.6 billion Euro in development and research. Approximately 3900 patents are published per year. In addition to increasing energy efficiency by employing renewable energies, the company plans to invest into new areas such as biomedical engineering. | |||
In 2006, Bosch acquired ] and ]. | |||
China has developed into an important market and manufacturing base for Bosch. In 2012, Bosch had 34,000 employees and a revenue of 41.7 billion Yuan (about 5 billion Euro) in China. | |||
In 2009, Bosch invested about 3.6 billion Euro in development and research. Approximately 3900 patents are published per year. In addition to increasing energy efficiency by employing renewable energies, the company plans to invest in new areas such as ]. | |||
* 2012 - Purchased SPX Service Solutions | |||
* 2012 - Bosch sold its foundation brakes activities to KPS Capital Partners, that led to the establishment of ] | |||
China is both a market and a manufacturing location for Bosch. In 2012, Bosch had 34,000 employees and a revenue of 41.7 billion Yuan (about 5 billion Euro) in China. | |||
* 2013 - Bosch announced, it would exit its solar business | |||
* 2012 – Purchased ]<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/bosch-completes-acquisition-of-spx-corporations-service-solutions-business-181982761.html |title=Bosch completes acquisition of SPX Corporation's Service Solutions business|last=Bosch|agency=PR Newswire|access-date=4 February 2020}}</ref><ref>{{cite news|url= https://www.reuters.com/article/spxservice-robertbosch-antitrust-idUSL1E8MQ1FJ20121126 |title=FTC approves Bosch buy of SPX Service Solutions, with conditions|date=26 November 2012 |work=Reuters|access-date=4 February 2020}}</ref> | |||
* 2014 - Bosch entered talks to acquire ].<ref>. ], 20 August 2014</ref> | |||
* 2012 – Bosch sold its foundation brakes activities to ], which led to the establishment of ]<ref>{{Cite web|url=https://europe.autonews.com/article/20120111/ANE/301109737/bosch-sells-brake-unit-to-kps-capital-partners|title=Bosch sells brake unit to KPS Capital Partners|date=11 January 2012|website=Automotive News Europe|access-date=4 February 2020}}</ref> | |||
* 2014 - Bosch takes over 100% of the shares from the former BSH Bosch and Siemens Hausgeräte GmbH joint venture (home appliances) <ref>. ], 22 September 2014</ref> | |||
* 2013 – Bosch announced it would exit its solar business | |||
* 2014 - Bosch received the 2014 U.S. Smart Partner award for Physical Security from Ingram Micro Inc.<ref>By Press Release, Security Info Watch. "." 4 December 2014. 8 December 2014.</ref> | |||
* 2014 – Bosch entered talks to acquire Israeli ].<ref>. ], 20 August 2014</ref> | |||
* 2015 - Bosch takes over 100% of the shares of the former ZF Lenksysteme (Steering Systems) GmbH joint venture (was 50/50 with ZF Friedrichshafen) | |||
* 2014 – Bosch takes over 100% of the shares from the former BSH Bosch and ] joint venture (home appliances)<ref>. Siemens and Bosch, 22 September 2014</ref> | |||
* 2015 - Bosch purchases Seeo, Inc, a start-up working on solid state lithium ion batteries. | |||
* 2014 – Bosch received the 2014 U.S. Smart Partner award for Physical Security from ]<ref>By Press Release, Security Info Watch. "." 4 December 2014. 8 December 2014.</ref> | |||
* 2015 – Bosch takes over 100% of the shares of the former ZF Lenksysteme (Steering Systems) GmbH joint venture (was 50/50 with ]) | |||
* 2015 – Bosch purchases Seeo, Inc, a start-up working on solid-state lithium-ion batteries.<ref>{{cite web|url= https://fortune.com/2015/08/27/bosch-buys-battery-startup-seeo/ |title=Bosch is buying Silicon Valley battery startup Seeo |website=Fortune|access-date=4 February 2020}}</ref><ref>{{cite news|url= https://www.reuters.com/article/us-seeo-m-a-robert-bosch-idUSKCN0QX1IS20150828 |title=Bosch acquires U.S. electric car battery developer Seeo|date=28 August 2015|work=Reuters|access-date=4 February 2020}}</ref> | |||
In 2020, Bosch funded the creation of a report entitled ''Decarbonising Road Transport: There Is No Silver Bullet'', which contained disputed information about the environmental performance of ].<ref>{{cite web |url= https://www.theguardian.com/business/2020/dec/02/aston-martin-pr-firm-anti-electric-vehicle-study|title= Aston Martin in row over 'sock puppet PR firm' pushing anti-electric vehicle study |website=The Guardian |date= 2 December 2020}}</ref> | |||
In January 2021, Volkswagen filed a $1.2 billion class-action against Bosch and ] in the United States after VW was forced to reduce production due to a lack of automotive microchips.<ref>{{cite web|url= https://www.reuters.com/world/asia-pacific/volkswagen-looks-claim-damages-suppliers-over-chip-shortages-2021-01-24/ |title=Volkswagen looks to claim damages from suppliers over chip shortages|website=Reuters|author=Michael Nienaber|date=24 January 2021}}</ref><ref>{{cite web|url= https://europe.autonews.com/automakers/vw-may-seek-damages-bosch-and-conti-over-chip-shortages |title=VW may seek damages from Bosch and Conti over chip shortages |work=Automotive News Europe |date=24 January 2021}}</ref> On January 26, 2021, the US Court of Appeals for the Ninth Circuit affirmed that Bosch won on all claims.<ref>{{cite web|url= https://www.clearygottlieb.com/news-and-insights/news-listing/bosch-secures-win-in-vw-dealers-proposed-1-2-billion-class-action|title=Bosch Secures Win in VW Dealers Proposed $1.2 Billion Class Action |work=Cleary Gottlieb |date=26 January 2021}}</ref> | |||
In January 2020, Bosch Packaging Technology became Syntegon.<ref name="syntegon.com"></ref> | |||
In June 2021, Bosch christened its newly built semiconductor manufacturing plant in which it invested $1.2 billion, its largest-ever spending on a single project.<ref>{{Cite web|date=2021-06-07|title=Bosch opens German chip plant, its biggest-ever investment|url=https://www.reuters.com/technology/bosch-opens-german-chip-plant-its-biggest-ever-investment-2021-06-07/|access-date=2021-06-11|website=Reuters}}</ref> | |||
In April 2022, Bosch announced to acquire Five.ai, an autonomous driving startup.<ref>{{cite web |title=Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale |url=https://techcrunch.com/2022/04/12/bosch-picks-up-five-ai-after-the-self-driving-startup-that-pivoted-to-b2b-put-itself-up-for-sale/ |access-date=2022-04-15 |website=TechCrunch |date=12 April 2022 }}</ref> | |||
in April 2022, Bosch announced it had acquired the ]-based MEMS micro speaker producer, Arioso Systems. The company will form part of Bosch Sensortec GmbH.<ref>{{cite web |title=Evertiq - Bosch expands sensor business via acquisition |url= https://evertiq.com/design/51780 |access-date=2022-04-29 |website=evertiq.com |language=en}}</ref> | |||
In July 2022, Bosch said the company is looking to invest approximately 3 billion euros into its semiconductor chip production and R&D over the next four years. They will be opening two new facilities for manufacturing a computer chip development in the cities of Dresden and Reutlingen. Chairman Stefan Hartung said the company is not interested in building cutting-edge semiconductor facilities but focuses on 40 and 200-nanometer chips used in the ].<ref>{{cite news |last=Wheatley |first=Mike |url= https://siliconangle.com/2022/07/14/germanys-bosch-invest-e3-billion-chip-manufacturing-research/ |title=Germany's Bosch to invest €3 billion in chip manufacturing and research |work=SiliconANGLE |publisher=SiliconANGLE Media |date=2022-07-14 |accessdate=2022-07-17 }}</ref> | |||
In September 2023, it was announced Bosch had completed the acquisition of the ]-headquartered ] (SiC) power device manufacturer, TSI Semiconductors.<ref>{{Cite web |last=Flaherty |first=Nick |date=2023-09-04 |title=Bosch completes acquisition of assets of TSI Semiconductors |url=https://www.eenewseurope.com/en/bosch-completes-acquisition-of-assets-of-tsi-semiconductors/ |access-date=2023-09-04 |website=eeNews Europe |language=en-US}}</ref> | |||
In July 2024, Bosch announced the acquisition of ]' heating and air conditioning operations for $8 billion.<ref>{{Cite web |title=Bosch to buy Johnson Controls air-conditioning assets in $8 billion deal |url=https://www.reuters.com/markets/deals/johnson-controls-sell-heating-ventilation-assets-bosch-67-bln-deal-2024-07-23/ |website=reuters}}</ref> | |||
==== Role in emission cheating software ==== | |||
In 2006, ] executives asked Bosch for help in developing software for their emission defeat devices. Volkswagen is one of Bosch's biggest customers. Volkswagen engineers provided detailed specifications to Bosch, which wrote the necessary code. Bosch was apparently concerned about the legality of the software and asked Volkswagen to assume responsibility if the fraud was discovered, but Volkswagen refused.<ref>{{cite news|url= https://www.nytimes.com/2017/02/01/business/bosch-vw-diesel-settlement.html |title=Supplier's Role Shows Breadth of VW's Deceit |last=Ewing |first=Jack|date=1 February 2017 |newspaper=The New York Times |access-date=5 February 2017}}</ref> | |||
Starting in 2008, Bosch supplied approximately 17 million motor control and mixture control devices containing illegal software to various manufacturers both domestically and globally. With such software, the automobiles fitted with Bosch's devices emitted more nitrogen oxides than allowed under regulations.<ref name="forbesdieselgate">{{cite news |url= https://www.forbes.com/sites/doronlevin/2019/05/23/german-parts-maker-bosch-gets-off-with-relatively-light-100-million-fine-from-vw-dieselgate/?sh=197a82521f28 |title=German Parts Maker Bosch Gets Off With Relatively Light $100 Million Fine From VW Dieselgate |last=Levin|first=Doron|date=23 May 2019 |work=Forbes}}</ref><ref name="eurodiesel">{{cite news |url=https://www.dw.com/en/bosch-pays-90-million-euro-fine-over-diesel-scandal/a-48843405 |title=Bosch pays 90-million-euro fine over diesel scandal |date=23 May 2019 |work=DW}}</ref> | |||
On 1 February 2017, Bosch agreed to pay consumers in the United States $327.5 million as compensation for its role in devising the software.<ref>{{cite news|url= https://www.ft.com/content/964a2f72-e898-11e6-967b-c88452263daf |archive-url= https://ghostarchive.org/archive/20221210/https://www.ft.com/content/964a2f72-e898-11e6-967b-c88452263daf |archive-date=10 December 2022 |url-access=subscription |title=Bosch reaches $328m settlement in VW emissions scandal |last=McGee |first=Patrick |date=1 February 2017 |newspaper=Financial Times |access-date=5 February 2017}}</ref><ref>{{cite news |url= https://www.reuters.com/article/us-volkswagen-emissions-idUSKBN15G3NX |title=VW, Robert Bosch agree to pay $1.55 billion to settle U.S. diesel claims |last=Shepardson |first=David|date=1 February 2017 |work=Reuters}}</ref> Bosch also provided emissions software for Fiat Chrysler's ] used in 100,000 model year 2014–2016 ] SUVs and ] and agreed to pay affected consumers $27.5 million as part of a broader settlement in January 2019.<ref>{{cite news |last1=Shepardson |first1=David |title=Fiat Chrysler agrees to $800 million U.S. diesel-emissions settlement |url= https://www.reuters.com/article/us-fiatchrysler-emissions/fiat-chrysler-agrees-to-u-s-diesel-emissions-settlement-worth-nearly-800-million-idUSKCN1P41WV |access-date=11 January 2019 |work=Reuters |date=10 January 2019 }}</ref> In May 2019, Bosch paid another {{nowrap|$100 million}} fine for its connection to the ] scandal.<ref name="forbesdieselgate" /><ref name="eurodiesel" /> | |||
==Operations== | ==Operations== | ||
Bosch comprises more than 440 ] companies. In addition to automotive components, which generate around 60% of its revenues, Bosch produces industrial machinery and hand tools.<ref name="BoschANNUALreport">{{cite web|url=http://www.bosch.com/worldsite_startpage/flashbook/GB2010_EN.pdf |title=Bosch 2010 Annual Report |format=PDF |date= |accessdate=2012-06-01}}</ref> | |||
The majority of Bosch Group businesses are grouped into the following four business sectors.<ref name="Bosch Today">{{cite web |title=Bosch Today 2019 |url=https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-today-2019.pdf |publisher=Robert Bosch GmbH |access-date=12 May 2019 |archive-date=12 May 2019 |archive-url=https://web.archive.org/web/20190512114410/https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-today-2019.pdf |url-status=dead }}</ref> | |||
===Locations=== | |||
], Germany]] | |||
], Germany]] | |||
Although most of the company's plants and employees are located in Germany (112,300 employees), Bosch is a worldwide company.<ref name=YFbosch/> | |||
===Mobility solutions=== | |||
In North America, Robert Bosch LLC (a wholly owned Bosch subsidiary) has corporate headquarters in ]. Three Research Technology Centers are located in ], ] and ].<ref name="urlBosch - Bosch Research and Technology Center">{{cite web |url=http://www.bosch.us/content/language1/html/rtc.htm |title=Bosch - Bosch Research and Technology Center |work= |accessdate=2014-12-18 |deadurl=yes |archiveurl=https://web.archive.org/web/20141218112718/http://www.bosch.us/content/language1/html/rtc.htm |archivedate=18 December 2014 |df=dmy-all }}</ref> Factories and distribution facilities are located in ]; ]; ]; ]; ]; ]; ]; ]; ] (to close 2011<ref>{{cite news |first=Colleen |last=Ferreira |coauthors= |title=Bosch plant to close in South Bend |url=http://www.wsbt.com/news/wsbt-bosch-to-close-in-south-bend-111610,0,302476.story |work= |publisher=] |date=2010-11-16 |accessdate=2010-11-17 |deadurl=yes |archiveurl=https://web.archive.org/web/20110723235759/http://www.wsbt.com/news/wsbt-bosch-to-close-in-south-bend-111610,0,302476.story |archivedate=23 July 2011 |df=dmy-all }}</ref>); and 11 other cities. There are also two corporate sites in Brazil and ten in Mexico where a central purchasing office for all divisions of Bosch Group is located in Broadview, Illinois. In North America, Bosch employs about 24,750 people in 80 locations, generating $8.8 billion in sales in 2006.<ref>{{cite web|url=http://www.bosch.us/content/language1/html/867.htm|publisher=Bosch|title=About Bosch in the USA|accessdate=2008-03-11|deadurl=yes|archiveurl=https://web.archive.org/web/20080319035427/http://www.bosch.us/content/language1/html/867.htm|archivedate=19 March 2008|df=dmy-all}}</ref> | |||
], Germany, which is a major site for the development of automotive components]] | |||
The Mobility Solutions business sector accounts for 60 percent of total sales in 2019.<ref name="Annual Report 2020">{{cite press release |url= https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-annual-report-2020.pdf |title= Annual Report 2020 |publisher= Robert Bosch GmbH |access-date= 12 April 2022 |archive-date= 31 March 2022 |archive-url= https://web.archive.org/web/20220331131046/https://assets.bosch.com/media/global/bosch_group/our_figures/pdf/bosch-annual-report-2020.pdf |url-status= dead }}</ref> Its main areas of activity are injection technology and ] peripherals for internal-combustion engines, powertrain electrification, steering systems, safety and driver-assistance systems, ] technology as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the ]. | |||
In May 2015, Bosch Security Systems opened its newly constructed distribution center in Greer, South Carolina. The distribution center adds more than 50 new associates in the state and will receive, store and ship more than 50,000 different products for video surveillance, intrusion and fire detection, access control and management systems and professional audio and conference systems.<ref>Greer Today. "." 6 May 2015. 14 May 2015.</ref> | |||
Particular strategic priorities for the sector include transforming the powertrain and expanding the business in the areas of electrification, ], new electrical and electronic architectures for vehicles, accessing adjacent market segments, and developing additional services. | |||
There are other wholly owned Bosch subsidiaries in: | |||
{{flatlist| | |||
* India (26,000) | |||
* ] (14,190) | |||
* China (12,370) | |||
* ] (>10,000 employees in ], ] and in ]) | |||
* France (9,720 including 70 long term/ short term assignees<ref>{{cite journal|last=Knight|first=Kevin|title=UNDERSTANDING MOBILTY AT BOSCH FRANCE WITH VALÉRIE KURZ AND EMILIE BENARD|journal=Expatriates Magazine|date=December 2013|issue=3|page=10|url=http://www.expatriatesmagazine.com/index.php/publication/issue-3/item/246-understanding-mobilty-at-bosch-france|accessdate=2012-12-18}}</ref> ) | |||
* ] (8,690) | |||
* Japan (8,130) | |||
* Spain (7,950) | |||
* Hungary (14,200) | |||
* Italy (5,160) | |||
* United Kingdom (4,920) | |||
* ] (3,940) | |||
* ] | |||
* ] (4,000)<ref>http://www.bosch.nl/nl/nl/our_company_13/our-company-lp.html</ref> | |||
* Switzerland (2,780) | |||
* Australia (2,300) | |||
* ] (2,220) | |||
* Austria (2,140) | |||
* Belgium (2,040) | |||
* ] (2,000) | |||
* Russia (1,730) | |||
* ] (1,640) | |||
* Sweden (1,230) | |||
* ] (1,010) | |||
* ] (1,000) | |||
* ] (770) | |||
}} | |||
and other countries. Bosch employs over 389 000 people in more than 60 countries, supplying a complex distribution network of new products and parts.<ref>{{cite web |url=http://www.bosch.com/content/language2/html/2222.htm |title=The Bosch Group - Locations |publisher=Bosch.com |date=2010-03-24 |accessdate=2011-06-19 |deadurl=yes |archiveurl=https://web.archive.org/web/20110708084945/http://www.bosch.com/content/language2/html/2222.htm |archivedate=8 July 2011 |df=dmy-all }}</ref> | |||
The new Powertrain Solutions division was formed effective 1 January 2018, in order to develop powertrain technology products, regardless of the energy source. The new division resulted from the merger of the former Gasoline Systems and Diesel Systems divisions. It offers products for powertrain technology, from gasoline and diesel direct injection to electrified powertrains with battery systems and, in the future, it will offer fuel-cell technologies as well. | |||
===India Operations=== | |||
Bosch entered India in 1922, when Illies & Company set up a sales office in ]. For three decades, the company operated in the Indian market only through imports. In 1951, Bosch set up its first ] plant in India.<ref name=LiveMint>{{cite news | url=http://www.livemint.com/Home-Page/JF92JSrZa9H3o4pXWb44HI/Boschs-long-tryst-with-India.html | title=Bosch’s long tryst with India | first=Ashish K. | last=Mishra | date=6 November 2014 | publisher=Live Mint | accessdate=4 August 2017 }}</ref> | |||
Brands within this sector include: | |||
Currently, Bosch India has a turnover of over $2 billion and over 26000 employees spread across 10 locations and 7 application development centers. 84% of Bosch India revenues come from its automotive business, with the remaining 16% split between its non-automotive businesses that include packaging, energy and building ]s, power tools and consumer retail.<ref>{{Cite web|url=http://timesofindia.indiatimes.com/business/india-business/Bosch-enters-healthcare-space-in-India/articleshow/40929482.cms|title=Bosch enters healthcare space in India - Times of India|access-date=2016-07-30}}</ref> Bosch also has an R&D facility in ] and ], India. This is Bosch's largest R&D facility outside its home market of Germany.<ref name=LiveMint /> In September 2014, Bosch announced the launch of a locally developed ] in India. The company’s new eye screening and detection system offers a combination of hardware and software and provides affordable eye care. | |||
* AutoCrew | |||
* Bosch Car Service | |||
* ITK Engineering | |||
* Robinair | |||
* HC Cargo | |||
* ] | |||
* ] | |||
===Industrial technology=== | |||
Bosch India is listed on the Indian ]s and has a ] of over $12 billion.<ref>http://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/bosch/B05</ref> | |||
In the 2019 business year, the Industrial Technology business sector generated roughly 10 percent of total Bosch Group sales.<ref name="Annual Report 2020" /> The sector includes the ], whose products include customized drive, control, and linear motion for factory automation, plant construction and engineering, and mobile machinery. | |||
The second division, Packaging Technology, provides process and packaging for the pharmaceuticals and foodstuffs industries. Its range includes stand-alone machines, systems, and services. In the early 2000s, it was portrayed as the world’s No. 1 company for ].<ref>{{Cite web |date=2006-09-07 |title=Sigpack Systems -100 years of innovation in the packaging industry |url=https://process-technology-online.com/top-news/news/100-years-of-innovation-in-the-packaging-industry/ |access-date=2023-10-10 |website=Process Technology}}</ref> In 2018, Bosch decided to look for a new owner for this business. Bosch's in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, Stuttgart, remains part of the Bosch Group; up to now, it has been part of the Packaging Technology division. | |||
===Activities=== | |||
In addition, the Bosch Connected Industry business unit, which develops software and carries out Industry 4.0 projects for internal and external customers, has been part of the Industrial Technology business sector since the start of 2018. | |||
====Automotive components==== | |||
], Germany, which is a major site for the development of automotive components.]] | |||
About 60% of Bosch's worldwide annual sales are produced in automotive technology. Bosch invented the first practical ], an early ignition electrical source, which provided the spark to ignite the fuel in most of the earliest ]s, and is still used in general aviation engines. Bosch's corporate logo to this date depicts the armature from a magneto. Bosch was an early manufacturer of ] (ABS), and as time passed, Bosch became a leader in such specialized fields as ]s (TCS), the ] (ESP), ] (such as central locking, doors, windows and seats), and oxygen ]s, ]s and ]s. Even in such humble technological areas as ]s, ]s, engine cooling ] and other ], Bosch has over $1 billion in annual sales.{{cn|date=July 2018}} | |||
In January 2020, Bosch Packaging Technology became Syntegon <ref name="syntegon.com"/> | |||
Bosch is a leading supplier of ] systems and ] systems. | |||
] | |||
===Consumer goods=== | |||
Bosch is supplying hybrid ] technology to automakers, including PSA ].<ref></ref> | |||
The Consumer Goods business sector contributed some 23 percent of total Bosch Group sales in 2019.<ref name="Annual Report 2020" /> Its Power Tools division is a supplier of power tools, power tool accessories, and measuring technology. In addition to power tools such as ]s, cordless screwdrivers, and ], its products also include gardening equipment such as ], ]s, and ]. One of the division's focal points is convenient, high-performance cordless tools, and increasingly also web-enabled tools and services. | |||
] | |||
] | |||
Overlapping with its mobility interests, it provides traction motors for ] with sophisticated control systems. | |||
The proposed settlement of consumer claims in the ] explicitly excludes claims that might be made against Bosch.<ref name="CourtDocs">{{cite web |url=https://www.vwcourtsettlement.com/en/ |title=Volkswagen/Audi Diesel Emissions Settlement Program |website=Volkswagen/Audi Diesel Emissions Settlement Program |publisher=Volkswagen |location=US |accessdate=1 July 2016}}</ref><ref name="wsj.com_2015-12-16">{{cite news |url=https://www.wsj.com/articles/auto-parts-supplier-robert-bosch-probed-amid-emissions-scandal-1450264797 |title=Auto-Parts Supplier Robert Bosch Probed Amid Emissions Scandal |newspaper=The Wall Street Journal |date=16 December 2015 |first1=William |last1=Boston |first2=Ulrike |last2=Dauer |accessdate=1 July 2016}}</ref> | |||
The Consumer Goods business sector also includes ] GmbH, which offers a broad range of modern, energy-efficient, and increasingly connected household appliances. Its products range from washing machines and tumble dryers through refrigerators and freezers, stoves and ovens, and dishwashers, to small appliances such as ]s, ], and ]s. | |||
====Industrial technology==== | |||
Bosch's subsidiary ] is a supplier of industrial technology, producing hydraulic, electric and pneumatic machinery for driving, controlling and moving machines in applications ranging from automotive to mining.<ref name=YFbosch/> | |||
Brands in this sector include: | |||
Bosch's packaging technology division plans, designs, manufactures and installs packaging lines for manufacturers of pharmaceutical, confectionery, food, and similar products. Bosch is one of the largest suppliers of packaging technology.{{cn|date=July 2018}} | |||
* ] | |||
* ] (under licence) | |||
* ] | |||
* ] | |||
* ] | |||
=== |
===Energy and building technology=== | ||
] | ] | ||
] | |||
Bosch caters to the areas of consumer goods and building technology with its ], thermotechnology and security systems, as well as with its ] business within the ''BSH Bosch'' and ''Siemens Hausgeräte GmbH'' joint venture. In the US, power tools are provided by the ''Robert Bosch Tool Corporation'' based in ].<ref>{{cite web|url=http://www.boschtools.com/TermsofUse/Pages/TermsofUseAgreement.aspx|title=Terms of Use|publisher=BoschTools.com|date= |accessdate=2009-04-29}}</ref> | |||
In 2019, the Energy and Building Technology business sector generated 7 percent of total Bosch Group sales.<ref name="Annual Report 2020" /> Its Building Technologies division (formerly Security Systems) has two areas of business: the global product business for security and communications, and the regional integrator business. The latter offers services for building security, energy efficiency, and building automation in selected countries. Both units focus on commercial applications. The products encompass video surveillance, intrusion detection, fire detection, and voice-alarm systems, as well as access control and professional audio and conference systems. | |||
With its brands ''Bosch'', ''Hawera'', '']'', ''RotoZip'', ''Freud'', ''Vermont American'', and many more, Bosch is one of the largest manufacturers of portable power tools worldwide. Bosch manufactures power tools for the building trade, industry and do-it-yourselfers (DIY-ers). In or around 1956, Dr. ] worked with Bosch to design one of the first plastic power tools. Prior to this time, power tools were metal castings that often conducted electrical sparks or current into the user as well as being very heavy. Today the power tools designed by ] have been winning awards worldwide for many years.<ref name="RedDot">{{cite web|url=http://en.red-dot.org/ |title=Site where many Bosch Red Dot Awards are listed |publisher=En.red-dot.org |date= |accessdate=2012-06-01}}</ref> In 2011, the 12" Dual-Bevel Glide Miter Saw won an EID Silver Award.<ref name="2011EIDAWARD">{{cite web|url=http://www.appliancedesign.com/HTML/EID/59b1367daf848010VgnVCM100000f932a8c0 |title=2011 EID Silver Award for Miter Saw |publisher=Appliancedesign.com |date=2012-01-25 |accessdate=2012-06-01}}</ref> In 2012, the Dremel Saw Max was awarded a Good Design Award<ref name="2012 Good Design Dremel">{{cite web|last=Anthenaeum|first=Chicago|title=2012 Good Design Awards|url=http://europeanarch.eu/2012awards/tools/TOOLS%20WEB%20PAGES%205.pdf|publisher=Chicago Anthenaeum|accessdate=3 April 2013}}{{dead link|date=March 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> and was chosen as an IDEA Award finalist.<ref name="2012 IDEA Award Finalist Dremel">{{cite web|last=sangl|first=sangl|title=IDEA Award Finalists|url=http://www.idsa.org/dremel-saw-max|publisher=IDSA|accessdate=3 April 2013}}</ref> The product range also includes accessories such as ]s and ]s, under its ''Vermont American'' brand, as well as gardening and water gardening products under its ''Gilmour'', LR Nelson and Sunterra brands.<ref name="BoschBuysNelson">{{cite web|last=Gordon |first=Paul |url=http://www.pjstar.com/homepage/x610686779/German-company-buys-L-R-Nelson |title=Bosch Buys Nelson and Sunterra |publisher=Pjstar.com |date=2008-09-19 |accessdate=2012-06-01}}</ref> | |||
The '']'' Thermotechnology division offers systems for ], hot water, and decentralized energy management. It provides heating systems and energy management for residential buildings, water heaters, and commercial and industrial heating and air-conditioning systems. | |||
Bosch is the largest European manufacturer of thermotechnology (heating units, etc.) with its subsidiary BBT Thermotechnik GmbH. It had revenues of €2.8 billion in 2006. Its brands include Bosch, Buderus, Junkers, Dakon, e.l.m leblanc S.A., Florida Heat Pump (FHP), Geminox, IVT, Nefit, Sieger, Vulcano and ].{{cn|date=July 2018}} | |||
The Bosch Global Service Solutions division offers outsourcing for business processes and services, primarily for customers in the automotive, travel, and logistics industries and in information and communications technology. Within Bosch, it also provides shared-service functions. | |||
====Security systems==== | |||
] | |||
In 2001, Bosch bought Detection Systems and Radionics, Inc., to build their business in the North American security and life safety products manufacturing/supply business. Through the Detection Systems acquisition, Bosch also obtained additional sales channels in ], Asia-Pacific (including Australia) and Europe.<ref>{{cite news | first=Chelsie | last=Woods | work=Security Systems News | url=http://www.securitysystemsnews.com/article/bosch-completes-philips-csi-buy | title=Bosch completes Philips CSI buy | date=1 December 2002 | accessdate=5 April 2012}}</ref><ref>{{cite news | first=Andrea | last=Gural | work=Security Director News | url=http://www.securitydirectornews.com/?p=article&id=sd200510qnriEg | title=Ribinski hands over Bosch reins | date=October 2005 | accessdate=5 April 2012}}</ref> | |||
Robert Bosch Smart Home GmbH offers web-enabled, app-controlled products for the home. | |||
In 2002, Bosch acquired ] Communications and Security, Inc., adding a video surveillance portfolio, as well as sales channels, to its business.<ref>{{cite news | work=EE Times Asia | url=http://www.eetasia.com/ART_8800261672_499501_NT_6f0736ec.HTM | title=Bosch to acquire Philips CSI business unit | date=12 August 2002 | accessdate=5 April 2012}}</ref> | |||
Brands within this sector: | |||
In January 2006, Bosch acquired the Telex Group comprising ], ], ], ], ] and RTS.<ref>{{cite web | title=Bosch in the USA, Archive | url=http://www.bosch.us/content/language1/html/734_4887.htm | date=5 March 2008 | accessdate=22 March 2015 | deadurl=yes | archiveurl=https://web.archive.org/web/20151125112740/http://www.bosch.us/content/language1/html/734_4887.htm | archivedate=25 November 2015 | df=dmy-all }}</ref> Midas and Klark Teknik parted company with Bosch on 8 December 2009 and are now part of ].<ref>{{cite news | work=Pro-Music-News | url=http://pro-music-news.com/html/01/e91208be.htm | title=Behringer's Music Group acquires Midas and Klark Teknik | date=5 December 2009 | accessdate=4 August 2017}}</ref> | |||
* ] | |||
* ] | |||
* ] | |||
* ] | |||
* ] | |||
===Other business areas=== | |||
In 2008, Bosch acquired Extreme ], a rugged camera and IP camera manufacturer, to further expand their video surveillance portfolio.<ref>{{cite news | first=Matthew | last=Harwood | work=Security Management | url=http://www.securitymanagement.com/news/infrared-night-vision-innovator-extreme-cctv-become-part-bosch | title=Infrared Night-Vision Innovator Extreme CCTV to Become Part of Bosch | date=20 December 2007 | accessdate=5 April 2012 | deadurl=yes | archiveurl=https://web.archive.org/web/20111223142833/http://securitymanagement.com/news/infrared-night-vision-innovator-extreme-cctv-become-part-bosch | archivedate=23 December 2011 | df=dmy-all }}</ref><ref>{{cite news | work=Homeland Security News Wire | url=http://www.homelandsecuritynewswire.com/bosch-acquires-extreme-cctv | title=Bosch acquires Extreme CCTV | date=5 March 2008 | accessdate=5 April 2012}}</ref> | |||
The Bosch Group also operates in other business areas that are not assigned to a particular sector.<ref name="Bosch Today" /> | |||
Bosch Healthcare Solutions GmbH is a wholly-owned subsidiary of Robert Bosch GmbH. The subsidiary was established in 2015. The business offers products and services in the area of healthcare and medical technology.<ref>{{cite web |title=About us |url= https://www.bosch-healthcare.com/en/about-us/ |publisher=Robert Bosch |access-date=12 May 2019 }}</ref> In March 2020, Bosch Healthcare Solutions announced that it has developed a diagnostic tool for detecting the ] ] responsible for the ] in under three hours. According to Bosch, the test can be performed directly at the point of care, eliminating the need to transport samples.<ref>{{Cite news|url= https://www.nytimes.com/reuters/2020/03/26/world/europe/26reuters-health-coronavirus-bosch.html |title=Bosch Develops Corona Test Tool to Detect Virus in Under Three Hours|date=26 March 2018 |newspaper=The New York Times |access-date=30 March 2020}}</ref> | |||
In October 2016, Bosch Security Systems, Inc. announced seamless integration of its IP and high definition (HD) cameras and recording ]s with Tyco Security Products' C-CURE 9000 security and event management platform from Software House.<ref>{{cite news | work=Security Info Watch | url=http://www.securityinfowatch.com/press_release/12270680/bosch-announces-technology-integration-with-software-house | title=Bosch announces technology integration with Software House | date=18 October 2016 | accessdate=19 October 2016}}</ref> | |||
The Grow Platform GmbH is the legal entity of Grow and a 100% subsidiary of the Bosch corporation. Grow is an internal start-up incubator. | |||
====Mobile phones==== | |||
Bosch also created ] for a short time. Their first three mobile phones were the Com 906, Com 738 and World 718, all from 1996. In 1997, they released two other phones: Com 207 and Com 607. The Com 908 came out in 1998, and in 1999 they released their final phones: the Com 509, the 909 Dual and the 909 Dual S. | |||
Robert Bosch Venture Capital GmbH (Rbvc, also known as Bosch Ventures) is the corporate venture capital company of the Bosch Group. RBVC invests worldwide in innovative ]. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models as well as new materials that are relevant to the above-mentioned areas of business.<ref>{{cite web |title=Company Overview of Robert Bosch Venture Capital GmbH |url= https://www.rbvc.com/ |website=RBVC Homepage |access-date=11 Feb 2023 }}</ref> | |||
==Locations== | |||
], Germany]] | |||
] | |||
Through a complex network of over 468 subsidiaries and regional entities, the company operates in over 60 countries worldwide. Including sales and service partners, Bosch's global manufacturing, engineering, and sales network covers nearly every country in the world. At 125 locations across the globe, Bosch employs roughly 90,100 associates in research and development. | |||
===British operations=== | |||
In the UK, Bosch has its corporate head office in ], and employs circa. 5,200 people. There are also around 40 other Bosch Group locations throughout the country, including ], ], ], ], ], ], ], ], and ].<ref>{{cite web |title=Bosch in the UK |url= https://www.bosch.co.uk/our-company/bosch-in-the-united-kingdom/ |website=Bosch in the United Kingdom |access-date=12 May 2019 }}</ref> | |||
Alongside sales and support functions for all Bosch business sectors in the region, the company also manufactures boiler systems, mobile hydraulics, as well as packaging machinery alongside lawn and garden products in the UK.<ref>{{cite web|url= https://www.bosch.co.uk/media/our_company/2017_uk_factsheet.pdf |title=Bosch UK Factsheet 2018|date=12 May 2019|website=Bosch UK|access-date=12 May 2019|archive-url=https://web.archive.org/web/20190512123127/https://www.bosch.co.uk/media/our_company/2017_uk_factsheet.pdf|archive-date=12 May 2019|url-status=dead}}</ref> | |||
In March 2019, Bosch opened its London Connectory, a ]-based "co-innovation space" open to partners from the public, private, and academic sectors, from start-ups to multinational organizations.<ref>{{Cite web|url= https://www.bosch.co.uk/news-and-stories/stories/keeping-london-on-the-move/index-2.html|title=Keeping London on the move |website=Bosch in the United Kingdom |access-date=12 May 2019}}</ref> | |||
===North American operations=== | |||
] | |||
In North America, Robert Bosch LLC (a wholly owned Bosch subsidiary) has corporate headquarters in ]. Three Research Technology Centers are located in ], ], and ].<ref name="urlBosch - Bosch Research and Technology Center">{{cite web |url= http://www.bosch.us/content/language1/html/rtc.htm |title=Bosch – Bosch Research and Technology Center |access-date=18 December 2014 |url-status=dead |archive-url= https://web.archive.org/web/20141218112718/http://www.bosch.us/content/language1/html/rtc.htm |archive-date=18 December 2014}}</ref> Factories and distribution facilities are located in ]; ]; ]; ]; ]; ]; ]; ]; ]; ]; ]; and 11 other cities. There are also two corporate sites in ] and ten in Mexico. A central purchasing office for all divisions of Bosch Group is located in Broadview, Illinois. In North America, Bosch employs about 24,750 people in 80 locations, generating $8.8 billion in sales in 2006.<ref>{{cite web|url= http://www.bosch.us/content/language1/html/867.htm|publisher=Bosch|title=About Bosch in the USA|access-date=11 March 2008|url-status=dead|archive-url= https://web.archive.org/web/20080319035427/http://www.bosch.us/content/language1/html/867.htm|archive-date=19 March 2008}}</ref> | |||
In May 2015, Bosch Security Systems opened its newly constructed distribution center in ]. The distribution center adds more than 50 new associates in the state and will receive, store and ship more than 50,000 different products for video surveillance, intrusion and fire detection, access control and management systems and professional audio and conference systems.<ref>Greer Today. "." 6 May 2015. 14 May 2015.</ref> | |||
In 2017, Bosch launched its first co-creation IoT innovation space in the world, the Connectory. A partnership with ], it is located within the ] in downtown ], ]. | |||
=== Indian operations === | |||
Bosch entered India in 1922, when Illies & Company set up a sales office in ]. For three decades, the company operated in the Indian market only through imports. In 1951, the Motor Industries Company Ltd. (MICO) was founded, with Bosch instantly buying 49% of its stock. MICO became the sole distributor and, after the Indian state implemented restrictive import regulations, a factory was set up at Adugodi, Bangalore in 1953, to manufacture various products with Bosch licensing. From this point onward, vocational training took place as well, culminating in the creation of a Vocational Centre in 1960. By 1961, 2,000 people worked at the Bangalore plant, which had already started an export business, and 57.5% of MICO shares had been bought by Bosch. This was followed by increased investments into MICO plants in India in the late 1960s and early 1970s; a second plant was installed in Nasik in 1969–1971, and a third in Naganathapura in 1988. In the late 1980s, the second-largest contingent of Bosch employees outside of Germany was based in India until eventually, in 2008, MICO was renamed Bosch Limited.<ref>{{Cite journal|last=Hoffmann|first=Josefine|year=2020|title=Agreements and Achievements – MICO in the German Bosch Archive|url= https://www.projekt-mida.de/reflexicon/agreements-and-achievements-mico-in-the-german-bosch-archive/|journal=MIDA Archival Reflexicon|pages=3–4|issn=2628-5029|via=MIDA 1706–1989)}}</ref> | |||
Bosch India has a turnover of over US$3 billion and over 31,000 employees spread across 10 locations and 7 application development centers. Approximately 84% of Bosch India revenues come from its automotive business, with the remaining 16% split between its non-automotive businesses that include packaging, energy and building, power tools, and consumer retail.<ref>{{cite news|url= http://timesofindia.indiatimes.com/business/india-business/Bosch-enters-healthcare-space-in-India/articleshow/40929482.cms |title=Bosch enters healthcare space in India |website=The Times of India |date=26 August 2014 |access-date=30 July 2016}}</ref> Bosch also has R&D facilities in ], ], ], and ], India. This is Bosch's largest R&D operation outside its home market of Germany.<ref name="LiveMint">{{cite news|last=Mishra|first=Ashish K.|date=6 November 2014|title=Bosch's long tryst with India|publisher=Live Mint|url=http://www.livemint.com/Home-Page/JF92JSrZa9H3o4pXWb44HI/Boschs-long-tryst-with-India.html|access-date=4 August 2017}}</ref> In September 2014, Bosch announced the launch of a locally developed ] in India. The company's new eye screening and detection system offers a combination of hardware and software and provides affordable eye care. | |||
Bosch India is listed on the Indian ]s and has a ] of over US$12 billion.<ref>{{Cite web|url=https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries/bosch/B05|title=Bosch Share Price, Bosch Stock Price, Bosch Ltd. Stock Price, Share Price, Live BSE/NSE, Bosch Ltd. Bids Offers. Buy/Sell Bosch Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes |website=moneycontrol.com |access-date=24 October 2019}}</ref> | |||
In 2022, Bosch's engineering and software arm Robert Bosch Engineering and Business Solutions (abbreviated as RBEI), changed its name to Bosch Global Software Technologies.<ref>{{cite news|date=4 January 2022|title=RBEI is now Bosch Global Software Technologies|work=Hindu Business Line |url= https://www.thehindubusinessline.com/companies/rbei-is-now-bosch-global-software-technologies/article38114213.ece |access-date=18 January 2022}}</ref> | |||
==Joint ventures== | ==Joint ventures== | ||
===BSH |
===BSH Hausgeräte=== | ||
{{main|BSH |
{{main|BSH Hausgeräte}} | ||
BSH |
BSH Hausgeräte GmbH, in which Bosch acquired all shares in 2014, is one of the world's top three companies in the household appliances industry. In Germany and ], BSH is the market leader. It includes the principal brand names ''Bosch'' and ''Siemens'', '']'', '']'', ''Neff'', ''Thermador'', '']'', ''Viva'' and ''Ufesa'' brands, and further six regional brands. Bosch household appliances for the North American market are mainly manufactured at its factory near ]. | ||
* 36% in Germany | |||
===EM-motive=== | |||
* 30% in Western Europe (excluding Germany, but including Turkey) | |||
] and Bosch established a 50:50 joint venture (JV) to develop and manufacture electric motors in 2011. The JV, called EM-motive GmbH, manufactures traction motors for electric, fuel cell and extended-range vehicles at a facility in Hildesheim, Germany.<ref>{{cite web |title=Daimler, Bosch finalize EM-motive electric motor joint venture |url= https://www.autoblog.com/2011/09/20/daimler-bosch-finalize-em-motive-electric-motor-joint-venture/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAANikm9fGzeM222webGC3Rf5BdBQpKeYx5HFU9_wSoHVXK7ZnLico4zE3LgqGXgSbLHLzGIYQS2qbp48ZwG-841cmA1zCMILol5fOZl8q_CKCqbB20ml1LEFO9iL7YNIVRl-9IpuPRrjFwjewDm5Gp1rQ8EDdR3jfk4diwuZPoJdJ |website=Autoblog |access-date=12 May 2019 }}</ref> | |||
* 15% in Asia | |||
* 10% in Eastern Europe | |||
* 5% in North America | |||
* 4% in Latin America | |||
with 61,800 employees overall. | |||
In 2019 Bosch acquired the remaining shares and assumed full control of the company.<ref>{{cite web |title=Bosch buys out Daimler's stake in electric motor JV |url=https://europe.autonews.com/suppliers/bosch-buys-out-daimlers-stake-electric-motor-jv |website=Automotive News Europe |access-date=12 May 2019 |date=24 January 2019}}</ref> | |||
===Purolator Filters=== | |||
Bosch owned 50% of Purolator Filters in a ] with ] until 2013. In 2013 the Mann+Hummel Group has taken over the remaining 50% stake from Bosch. | |||
===Purolator filters=== | |||
Bosch owned 50% of the home appliance manufacturer Bosch-Siemens Hausgeräte until it acquired the other half from Siemens AG in 2015 and renamed it to BSH Hausgeräte GmbH.<ref name=YFbosch/> The vehicle audio equipment company ] was a subsidiary of Bosch until March 2009.<ref name=YFbosch/> | |||
Bosch co-owned ] in a ] with Mann+Hummel until 2013. In 2013 the Mann+Hummel Group acquired Bosch's stake.<ref>{{cite web |title=Mann+Hummel Takes Over Purolator Filters Joint Venture from Bosch |url= https://www.businesswire.com/news/home/20130327006132/en/MANNHUMMEL-Takes-Purolator-Filters-Joint-Venture-Bosch |work=Business Wire |date=27 March 2013 |access-date=21 June 2019}}</ref> | |||
===SB LiMotive=== | ===SB LiMotive=== | ||
{{main|SB LiMotive}} | {{main|SB LiMotive}} | ||
In June 2008 Bosch formed SB LiMotive, a 50:50 joint company with ].<ref> |
In June 2008 Bosch formed SB LiMotive, a 50:50 joint company with ].<ref>Sam Abuelsamid, Auto Blog. "." 27 June 2008. Retrieved 1 February 2017.</ref> The company held a ceremony for a 28.000 m<sup>2</sup> lithium-ion battery cell manufacturing plant in September 2009 and it is scheduled to start production for ] in 2011 and for ]s in 2012. The plant will generate 1,000 jobs in ], Korea in addition to the 500 employees in Korea, Germany, and the United States. SB LiMotive was officially ended in September 2012 with both companies focusing on automotive batteries alone. | ||
===Static ADAS Calibration=== | |||
In October 2020, Bosch and ] paired up to develop the MD-500, a wireless tablet that repair planners can use to link directly to OEM repair procedures from Diagnostic Trouble Codes (DTCs), automatically upload pre-scan and post-scans, and write estimates and calibration reports. Bosch and Mitchell launched the MD-TS21, a target system that permits repair facilities to quickly and accurately calibrate blind-spot monitors, front-facing camera, and radar sensors in automobile models with ], in February 2021.<ref>{{cite news |url=https://www.prnewswire.com/news-releases/bosch-and-mitchell-introduce-new-target-system-for-static-adas-calibration-301221018.html |title=Bosch and Mitchell Introduce New Target Systems for Static ADAS Calibration|date=3 February 2021 |work=Cision}}</ref><ref>{{cite news |url= https://www.tomorrowstechnician.com/bosch-and-mitchell-collaborate-on-new-tool/ |title=Bosch and Mitchell Collaborate On New Tool|date=22 October 2020 |work=Tomorrow's Tech}}</ref><ref>{{cite news |url= https://www.bodyshopbusiness.com/bosch-mitchell-introduce-new-target-system-for-static-adas-calibration/ |title=Bosch, Mitchell Introduce New Target System for Static ADAS Calibration|date=3 February 2021 |work=Body Shop Business}}</ref> | |||
==Corporate affairs== | ==Corporate affairs== | ||
{{Update section|date=May 2024|reason=Numbers need to be updated}} | |||
Robert Bosch GmbH, including its wholly owned subsidiaries such as Robert Bosch LLC in North America, is unusual in that it is an extremely large, privately owned corporation that is almost entirely (92%) owned by a charitable foundation. Thus, while most of the profits are invested back into the corporation to build for the future and sustain growth, nearly all of the profits distributed to shareholders are devoted to humanitarian causes. | |||
Robert Bosch GmbH, including its wholly owned subsidiaries, is unusual in that it is an extremely large, privately owned corporation that is almost entirely (92%) owned by a charitable foundation. Thus, while most of the profits are invested back into the corporation to build for the future and sustain growth, nearly all of the profits distributed to shareholders are devoted to humanitarian causes. | |||
] | |||
{{Tree chart/start|align=center|summary=Bosch structure}} | |||
{{Tree chart||fam||sti||ikg|fam=Bosch family<br>8% ownership<br>7% of total votes|sti=Robert Bosch Stiftung<br>GmbH<br>92% ownership<br>no voting rights|ikg=Robert Bosch<br>Industrietreuhand KG<br>0.01% ownership<br>93% of total votes}} | |||
{{Tree chart|||`|-|-|-|+|-|-|-|'|}} | |||
{{Tree chart||||||gmb||||gmb=Robert Bosch GmbH<br>Capital funds: 1.2 billion Euro}} | |||
{{Tree chart/end}} | |||
As shown in the diagram |
As shown in the diagram above, the '']'' (''Robert Bosch Foundation'') holds 92% of the ] of ''Robert Bosch GmbH'', but no voting rights. The ''Robert Bosch Industrietreuhand KG'' (''Robert Bosch Industrial ] ]''), with old members of the company management, agents of the Bosch family, and other eminent people from the industry (such as Jürgen Hambrecht, CEO of ]), have 93% of the votes, but no shares (0.01%). The remaining 8% of shares and 7%<ref name=YFbosch/> of voting rights are held by the descendants of the company founder Robert Bosch.<ref>. Retrieved 11 August 2008</ref> | ||
Bosch invests 9% of its revenue on research and development, nearly double the industry average of 4.7%.<ref>{{cite news|work=Forbes |url= https://www.forbes.com/forbes/2005/1128/204_print.html|archive-url= https://web.archive.org/web/20060905084934/http://www.forbes.com/forbes/2005/1128/204_print.html |url-status=dead|archive-date=5 September 2006 |date=28 November 2005 |title=Parts for the Sensitive Car |first=Joann |last=Muller}}</ref> | |||
== |
== Controversies == | ||
In March 2022, German engineering firm Bosch faced allegations of violating European Union sanctions against Russia after Ukrainian authorities reported finding Bosch components in Russian military vehicles.<ref>{{Cite web |title=Bosch probed over Russia sanctions violations — report – DW – 03/18/2022 |url=https://www.dw.com/en/bosch-faces-probe-over-possible-russia-sanctions-violations-report/a-61173586 |access-date=2024-12-05 |website=dw.com |language=en}}</ref><ref>{{cite news |date=2022-03-18 |title=Germany probes possible exports of dual-use goods by Bosch – Spiegel |url=https://www.reuters.com/business/germany-probes-possible-exports-dual-use-goods-by-bosch-spiegel-2022-03-18/ |access-date=2024-12-05 |publisher=Reuters}}</ref> | |||
Almost all Bosch locations are both ISO 9001 (quality) and ISO 14001 (environmental protection) certified.<ref name=csrr> | |||
{{cite web|title=Corporate Social Responsibility Report 2010|work=Bosch|publisher=|date=|url=http://www.bosch.com/media/en/com/sustainability/current/news/2011/bsh_sustainability_report_2010.pdf|format=PDF|accessdate=28 Jan 2012|deadurl=yes|archiveurl=https://web.archive.org/web/20121202101359/http://www.bosch.com/media/en/com/sustainability/current/news/2011/bsh_sustainability_report_2010.pdf|archivedate=2 December 2012|df=dmy-all}} | |||
</ref> In addition to that, their management is compliant with ]. | |||
In April 2024, the Russian government placed Bosch's Russian subsidiary under the temporary management of a Gazprom entity, citing responses to Western hostilities.<ref>{{Cite web |last= |date=2024-12-04 |title=Putin transferred Ariston and Bosch assets in Russia to Gazprom {{!}} УНН |url=https://unn.ua/en/news/putin-transferred-ariston-and-bosch-assets-in-russia-to-gazprom |access-date=2024-12-05 |website=unn.ua |language=en}}</ref> | |||
==Controversy== | |||
Additionally, reports have surfaced indicating that Bosch, along with other companies, has been selling appliances intended for the Ukrainian market in Russia.<ref>{{Cite web |title=Bosch, Delonghi and Philips sell appliances made for Ukraine in Russia - Kommersant |url=https://mind.ua/en/news/20274263-bosch-delonghi-and-philips-sell-appliances-made-for-ukraine-in-russia-kommersant |access-date=2024-12-05 |website=Mind.ua |language=en}}</ref> | |||
==Accreditations== | |||
Some Bosch locations are ] (quality) and ] (environmental protection) certified.<ref name=csrr>{{cite web|title=Corporate Social Responsibility Report 2010 |work=Bosch|url= http://www.bosch.com/media/en/com/sustainability/current/news/2011/bsh_sustainability_report_2010.pdf |access-date=28 January 2012 |url-status=dead |archive-url= https://web.archive.org/web/20121202101359/http://www.bosch.com/media/en/com/sustainability/current/news/2011/bsh_sustainability_report_2010.pdf |archive-date=2 December 2012}}</ref> Their management is compliant with ]. | |||
==Environmental practices and initiatives== | |||
=== Role in emission cheating software === | |||
In May 2019, Bosch said it planned to be "fully ]” by 2020 by investing in clean electricity and a ] program.<ref>{{cite news |last1=McGee |first1=Patrick |title=Bosch says it will be carbon-neutral in 2020 |url= https://www.ft.com/content/da91dabe-723d-11e9-bbfb-5c68069fbd15 |archive-url= https://ghostarchive.org/archive/20221210/https://www.ft.com/content/da91dabe-723d-11e9-bbfb-5c68069fbd15 |archive-date=10 December 2022 |url-access=subscription |access-date=12 May 2019 |work=Financial Times|date=9 May 2019}}</ref> | |||
In 2006, Volkswagen executives asked Bosch for help in developing software for their emission defeat devices. Volkswagen is one of Bosch's biggest customers. Volkswagen engineers provided detailed specifications to Bosch, which wrote the necessary code. Bosch was apparently concerned about the legality of software and asked Volkswagen to assume responsibility if the fraud was discovered, but Volkswagen refused.<ref>{{Cite news|url=https://www.nytimes.com/2017/02/01/business/bosch-vw-diesel-settlement.html|title=Supplier’s Role Shows Breadth of VW’s Deceit|last=Ewing|first=Jack|date=2017-02-01|newspaper=The New York Times|access-date=2017-02-05|issn=0362-4331}}</ref> | |||
== Partnership with universities == | |||
On 1 February 2017, Bosch agreed to pay consumers in the United States $327.5 million as compensation for its role in devising the software.<ref>{{Cite news|url=https://www.ft.com/content/964a2f72-e898-11e6-967b-c88452263daf|url-access=subscription|title=Bosch reaches $328m settlement in VW emissions scandal|last=McGee|first=Patrick|date=2017-02-01|newspaper=The Financial Times|access-date=2017-02-05|issn=0362-4331}}</ref> | |||
Bosch has formed a strategic alliance with the ].<ref>{{cite web|url= https://www.tu-darmstadt.de/wissenstransfer/kooperation_mit_unternehmen/formen_der_zusammenarbeit/strategische_partnerschaften_2/index.de.jsp |title=Strategische Partnerschaften |last=Darmstadt |first=Technische Universität |work=Technische Universität Darmstadt |language=de |access-date=29 July 2019}}</ref> | |||
==See also== | ==See also== | ||
{{Portal|Companies}} | {{Portal|Companies}} | ||
* ] | |||
* ] | * ] | ||
* ] | |||
==References== | ==References== | ||
{{Reflist |
{{Reflist}} | ||
==External links== | ==External links== | ||
{{commonscat}} | |||
{{commons|Robert Bosch GmbH}} | |||
* {{Official website}} | |||
* | |||
* {{PM20|FID=co/003322|TEXT=Documents and clippings about|NAME=}} | |||
* Profile at Yahoo! Finance: | |||
{{Bosch}} | {{Bosch}} | ||
{{Power tool manufacturers}} | {{Power tool manufacturers}} | ||
{{Automotive industry in Germany}} | {{Automotive industry in Germany}} | ||
{{Authority control}} | |||
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Latest revision as of 00:18, 26 December 2024
German engineering and technology company "BOSCH" and "Bosch Corporation" redirect here. For other uses, see Bosch (disambiguation).A major contributor to this article appears to have a close connection with its subject. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. Please discuss further on the talk page. (September 2022) (Learn how and when to remove this message) |
Corporate Sector Research and Advanced Development in Renningen, Germany | |
Company type | Private |
---|---|
Industry | Conglomerate |
Predecessor | Eisemann-Werke Friedrich Hesser, Maschinenfabrik |
Founded | 15 November 1886; 138 years ago (1886-11-15) |
Founder | Robert Bosch |
Headquarters | Robert-Bosch-Platz 1, 70839 Gerlingen, Baden-Württemberg, Germany |
Area served | Worldwide |
Key people | Stefan Hartung (CEO), (CTO, CDO) |
Products | |
Revenue | €91.59 billion (2023) |
Operating income | €4.503 billion (2023) |
Net income | €2.640 billion (2023) |
Total assets | €108.33 billion (2023) |
Total equity | €47.89 billion (2023) |
Owners | Robert Bosch Stiftung (92%) Bosch Family (8%) |
Number of employees | 429,416 (2023) |
Subsidiaries | |
Website | bosch.com |
Robert Bosch GmbH (/bɒʃ/; German: [bɔʃ] ), commonly known as Bosch (styled BOSCH), is a German multinational engineering and technology company headquartered in Gerlingen, Baden-Württemberg, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business.
Bosch's core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control) and energy and building technology. In terms of revenue, Bosch is the largest automotive supplier.
History
1886–1920
The company started in a backyard in Stuttgart-West as the Werkstätte für Feinmechanik und Elektrotechnik (Workshop for Precision Mechanics and Electrical Engineering) on 15 November 1886. The next year Bosch presented a low voltage magneto for gas engines.
From 1897, Bosch started installing magneto ignition devices into automobiles and became a supplier of an ignition system. In 1902, the chief engineer at Bosch, Gottlob Honold, unveiled the high-voltage magneto ignition system with spark plug.
In 1901, Bosch opened its first factory in Stuttgart. In 1906, the company produced its 100,000th magneto. In the same year, Bosch introduced the eight-hour day for workers. In 1910, the Feuerbach plant was founded and built close to Stuttgart. In this factory, Bosch started to produce generators and headlights "Bosch-Light" in 1914. The system had been presented in 1913.
The onset of motorization in road traffic meant that the company grew very rapidly after 1900. While Bosch had a workforce of 45 in 1901, it had grown to more than 1,000 by 1908.
In 1913, Bosch founded an apprentice workshop in order to recruit qualified young people for the production of automotive electrics. Bosch's international development began in 1898 with the opening of a branch in London, followed the next year by Paris, Vienna, and Budapest. By 1909, Bosch was represented by trading partners on every continent: in 1906 in New York (U.S.) and Johannesburg (South Africa), in 1907 in Sydney (Australia), in 1908 in Buenos Aires (Argentina), in 1909 in Shanghai (China), in 1910 in Rio de Janeiro (Brazil), and in 1911 in Tokyo (Japan). Bosch opened the first factory outside Germany in Paris, in 1905, and the first on another continent in 1912 in Springfield, Massachusetts (USA).
In 1917, Bosch was transformed into a corporation and remained so until 1937, when Robert Bosch became the sole owner again after buying back his shares. In the process, the company became a limited liability company (GmbH).
1920s–1945
After the First World War, Bosch lost most of its international holdings, including its U.S. factories. The company had to largely rebuild its international activities. This included opening up further South American and Asian regions. In 1922, for example, Illies & Company established a sales office for Bosch goods in Calcutta, India. In the years that followed, Bosch concluded contracts in Asia with sales partners in Malaysia, Singapore, Thailand, and what is now Indonesia, for example, and on the American continents with partners in Mexico, Peru, Colombia, and Ecuador.
In the 1920s, Bosch expanded its product range to include numerous automotive technology products that were required for cars in everyday use: electric horn (1921), windshield wipers (1926), and direction indicators ("trafficator", 1927).
In 1927, Bosch launched injection pumps for diesel. Bosch bought the gas appliances production from Junkers & Co. in 1932, as a part of a diversification strategy. In 1932, the company developed its first electric drill and presented its first car radio. In 1933, Bosch presented its first electric refrigerator for private households.
Nazi collaboration
In late 1933 negotiations between Robert Bosch AG and the Nazi Party began on relocating parts of armaments production to Germany's interior. Bosch founded two such alternative plants in 1935 and 1937: Dreilinden Maschinenbau GmbH in Kleinmachnow near Berlin and Elektro- und Feinmechanische Industrie GmbH (later Trillke-Werke GmbH) in Hildesheim. Both plants were used exclusively for armament production. These "shadow factories" were built under great secrecy and in close cooperation with the Nazi authorities. In 1937, Bosch AG became a limited liability company (GmbH).
The Bosch subsidiary Dreilinden Maschinenbau GmbH (DLMG) in Kleinmachnow employed around 5,000 people, more than half of whom were forced laborers, prisoners of war, and female concentration camp prisoners, including many women from the Warsaw Uprising. They had to produce accessories for German Luftwaffe aircraft. In Hildesheim, a secret plant for the entire electrical equipment of tanks, tractors, and trucks of the Wehrmacht was built. In 1944, 4,290 men and women worked in the Trillke factory, 2,019 of whom were forced laborers, prisoners of war, and military internees. During the Second World War, there were at least 3,000 workers at the mechanics division at the Bosch Hildesheim plant, almost all of them from nearby occupied countries; there were only 200 recorded German workers.
In the last years of the war, no new German tank ever drove without the starter elements from the Bosch factory in Hildesheim. Bosch also had a monopoly position in the outfitting of German Luftwaffe aircraft.
During the war, production was further decentralized, Bosch produced in an ever larger number of factories, and relocated parts of its production to 213 plants in more than 100 locations.
21st century
In 2001, Bosch acquired Mannesmann Rexroth AG, which they later renamed to Bosch Rexroth AG. In the same year, the company opened a new testing center in Vaitoudden, close to Arjeplog in north Sweden. A new developing center in Abstatt, Germany followed in 2004.
In 2002, Bosch acquired Philips CSI, which at the time was manufacturing a broad range of professional communication and security products and systems including CCTV, congress, and public address systems.
In the 2000s the company developed the electric hydraulic brake, common rail fuel injection with piezo-injectors, digital car radio with a disc drive, and the cordless screwdriver with a lithium-ion battery in 2003.
In 2004, Bosch bought Sigpack Systems from SIG.
Bosch received the Deutsche Zukunftspreis (German Future Prize) from the German president in 2005 and 2008. A new development center was planned in 2008 in Renningen. In 2014, the first departments moved to the new center, while the remaining departments followed in 2015.
In 2006, Bosch acquired Telex Communications and Electro-Voice.
In 2009, Bosch invested about 3.6 billion Euro in development and research. Approximately 3900 patents are published per year. In addition to increasing energy efficiency by employing renewable energies, the company plans to invest in new areas such as biomedical engineering.
China is both a market and a manufacturing location for Bosch. In 2012, Bosch had 34,000 employees and a revenue of 41.7 billion Yuan (about 5 billion Euro) in China.
- 2012 – Purchased SPX Service Solutions
- 2012 – Bosch sold its foundation brakes activities to KPS Capital Partners, which led to the establishment of Chassis Brakes International
- 2013 – Bosch announced it would exit its solar business
- 2014 – Bosch entered talks to acquire Israeli Red Bend Software.
- 2014 – Bosch takes over 100% of the shares from the former BSH Bosch and Siemens Hausgeräte GmbH joint venture (home appliances)
- 2014 – Bosch received the 2014 U.S. Smart Partner award for Physical Security from Ingram Micro Inc.
- 2015 – Bosch takes over 100% of the shares of the former ZF Lenksysteme (Steering Systems) GmbH joint venture (was 50/50 with ZF Friedrichshafen)
- 2015 – Bosch purchases Seeo, Inc, a start-up working on solid-state lithium-ion batteries.
In 2020, Bosch funded the creation of a report entitled Decarbonising Road Transport: There Is No Silver Bullet, which contained disputed information about the environmental performance of electric vehicles.
In January 2021, Volkswagen filed a $1.2 billion class-action against Bosch and Continental AG in the United States after VW was forced to reduce production due to a lack of automotive microchips. On January 26, 2021, the US Court of Appeals for the Ninth Circuit affirmed that Bosch won on all claims.
In January 2020, Bosch Packaging Technology became Syntegon.
In June 2021, Bosch christened its newly built semiconductor manufacturing plant in which it invested $1.2 billion, its largest-ever spending on a single project.
In April 2022, Bosch announced to acquire Five.ai, an autonomous driving startup.
in April 2022, Bosch announced it had acquired the Dresden-based MEMS micro speaker producer, Arioso Systems. The company will form part of Bosch Sensortec GmbH.
In July 2022, Bosch said the company is looking to invest approximately 3 billion euros into its semiconductor chip production and R&D over the next four years. They will be opening two new facilities for manufacturing a computer chip development in the cities of Dresden and Reutlingen. Chairman Stefan Hartung said the company is not interested in building cutting-edge semiconductor facilities but focuses on 40 and 200-nanometer chips used in the automotive industry.
In September 2023, it was announced Bosch had completed the acquisition of the Roseville-headquartered silicon carbide (SiC) power device manufacturer, TSI Semiconductors.
In July 2024, Bosch announced the acquisition of Johnson Controls' heating and air conditioning operations for $8 billion.
Role in emission cheating software
In 2006, Volkswagen executives asked Bosch for help in developing software for their emission defeat devices. Volkswagen is one of Bosch's biggest customers. Volkswagen engineers provided detailed specifications to Bosch, which wrote the necessary code. Bosch was apparently concerned about the legality of the software and asked Volkswagen to assume responsibility if the fraud was discovered, but Volkswagen refused.
Starting in 2008, Bosch supplied approximately 17 million motor control and mixture control devices containing illegal software to various manufacturers both domestically and globally. With such software, the automobiles fitted with Bosch's devices emitted more nitrogen oxides than allowed under regulations.
On 1 February 2017, Bosch agreed to pay consumers in the United States $327.5 million as compensation for its role in devising the software. Bosch also provided emissions software for Fiat Chrysler's 3.0 L V6 diesel engine used in 100,000 model year 2014–2016 Grand Cherokee SUVs and Ram Trucks and agreed to pay affected consumers $27.5 million as part of a broader settlement in January 2019. In May 2019, Bosch paid another $100 million fine for its connection to the Dieselgate scandal.
Operations
The majority of Bosch Group businesses are grouped into the following four business sectors.
Mobility solutions
The Mobility Solutions business sector accounts for 60 percent of total sales in 2019. Its main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, powertrain electrification, steering systems, safety and driver-assistance systems, infotainment technology as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket.
Particular strategic priorities for the sector include transforming the powertrain and expanding the business in the areas of electrification, automated driving, new electrical and electronic architectures for vehicles, accessing adjacent market segments, and developing additional services.
The new Powertrain Solutions division was formed effective 1 January 2018, in order to develop powertrain technology products, regardless of the energy source. The new division resulted from the merger of the former Gasoline Systems and Diesel Systems divisions. It offers products for powertrain technology, from gasoline and diesel direct injection to electrified powertrains with battery systems and, in the future, it will offer fuel-cell technologies as well.
Brands within this sector include:
Industrial technology
In the 2019 business year, the Industrial Technology business sector generated roughly 10 percent of total Bosch Group sales. The sector includes the Drive and Control Technology division, whose products include customized drive, control, and linear motion for factory automation, plant construction and engineering, and mobile machinery.
The second division, Packaging Technology, provides process and packaging for the pharmaceuticals and foodstuffs industries. Its range includes stand-alone machines, systems, and services. In the early 2000s, it was portrayed as the world’s No. 1 company for packaging technology. In 2018, Bosch decided to look for a new owner for this business. Bosch's in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, Stuttgart, remains part of the Bosch Group; up to now, it has been part of the Packaging Technology division.
In addition, the Bosch Connected Industry business unit, which develops software and carries out Industry 4.0 projects for internal and external customers, has been part of the Industrial Technology business sector since the start of 2018.
In January 2020, Bosch Packaging Technology became Syntegon
Consumer goods
The Consumer Goods business sector contributed some 23 percent of total Bosch Group sales in 2019. Its Power Tools division is a supplier of power tools, power tool accessories, and measuring technology. In addition to power tools such as hammer drills, cordless screwdrivers, and jigsaws, its products also include gardening equipment such as lawnmowers, hedge trimmers, and high-pressure cleaners. One of the division's focal points is convenient, high-performance cordless tools, and increasingly also web-enabled tools and services.
Overlapping with its mobility interests, it provides traction motors for electric bicycles with sophisticated control systems.
The Consumer Goods business sector also includes BSH Hausgeräte GmbH, which offers a broad range of modern, energy-efficient, and increasingly connected household appliances. Its products range from washing machines and tumble dryers through refrigerators and freezers, stoves and ovens, and dishwashers, to small appliances such as vacuum cleaners, coffee makers, and food processors.
Brands in this sector include:
- Dremel
- Siemens (under licence)
- Constructa-Neff
- Gaggenau Hausgeräte
- Thermador
Energy and building technology
In 2019, the Energy and Building Technology business sector generated 7 percent of total Bosch Group sales. Its Building Technologies division (formerly Security Systems) has two areas of business: the global product business for security and communications, and the regional integrator business. The latter offers services for building security, energy efficiency, and building automation in selected countries. Both units focus on commercial applications. The products encompass video surveillance, intrusion detection, fire detection, and voice-alarm systems, as well as access control and professional audio and conference systems.
The Thermotechnik GmbH Thermotechnology division offers systems for air conditioning, hot water, and decentralized energy management. It provides heating systems and energy management for residential buildings, water heaters, and commercial and industrial heating and air-conditioning systems.
The Bosch Global Service Solutions division offers outsourcing for business processes and services, primarily for customers in the automotive, travel, and logistics industries and in information and communications technology. Within Bosch, it also provides shared-service functions.
Robert Bosch Smart Home GmbH offers web-enabled, app-controlled products for the home.
Brands within this sector:
Other business areas
The Bosch Group also operates in other business areas that are not assigned to a particular sector.
Bosch Healthcare Solutions GmbH is a wholly-owned subsidiary of Robert Bosch GmbH. The subsidiary was established in 2015. The business offers products and services in the area of healthcare and medical technology. In March 2020, Bosch Healthcare Solutions announced that it has developed a diagnostic tool for detecting the coronavirus SARS-CoV-2 responsible for the COVID-19 pandemic in under three hours. According to Bosch, the test can be performed directly at the point of care, eliminating the need to transport samples.
The Grow Platform GmbH is the legal entity of Grow and a 100% subsidiary of the Bosch corporation. Grow is an internal start-up incubator.
Robert Bosch Venture Capital GmbH (Rbvc, also known as Bosch Ventures) is the corporate venture capital company of the Bosch Group. RBVC invests worldwide in innovative start-up companies. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models as well as new materials that are relevant to the above-mentioned areas of business.
Locations
Through a complex network of over 468 subsidiaries and regional entities, the company operates in over 60 countries worldwide. Including sales and service partners, Bosch's global manufacturing, engineering, and sales network covers nearly every country in the world. At 125 locations across the globe, Bosch employs roughly 90,100 associates in research and development.
British operations
In the UK, Bosch has its corporate head office in Denham, Buckinghamshire, and employs circa. 5,200 people. There are also around 40 other Bosch Group locations throughout the country, including Coventry, Glenrothes, St Neots, Stockport, Stowmarket, Liverpool, Milton Keynes, Worcester, and York.
Alongside sales and support functions for all Bosch business sectors in the region, the company also manufactures boiler systems, mobile hydraulics, as well as packaging machinery alongside lawn and garden products in the UK.
In March 2019, Bosch opened its London Connectory, a Shoreditch-based "co-innovation space" open to partners from the public, private, and academic sectors, from start-ups to multinational organizations.
North American operations
In North America, Robert Bosch LLC (a wholly owned Bosch subsidiary) has corporate headquarters in Farmington Hills, Michigan. Three Research Technology Centers are located in Pittsburgh, Pennsylvania, Sunnyvale, California, and Cambridge, Massachusetts. Factories and distribution facilities are located in Mt. Prospect, Illinois; Hoffman Estates, Illinois; Broadview, Illinois; Kentwood, Michigan; Warren, Michigan; Owatonna, Minnesota; Waltham, Massachusetts; Clarksville, Tennessee; Anderson, South Carolina; Charleston, South Carolina; New Bern, North Carolina; and 11 other cities. There are also two corporate sites in Brazil and ten in Mexico. A central purchasing office for all divisions of Bosch Group is located in Broadview, Illinois. In North America, Bosch employs about 24,750 people in 80 locations, generating $8.8 billion in sales in 2006.
In May 2015, Bosch Security Systems opened its newly constructed distribution center in Greer, South Carolina. The distribution center adds more than 50 new associates in the state and will receive, store and ship more than 50,000 different products for video surveillance, intrusion and fire detection, access control and management systems and professional audio and conference systems.
In 2017, Bosch launched its first co-creation IoT innovation space in the world, the Connectory. A partnership with 1871, it is located within the Merchandise Mart in downtown Chicago, Illinois.
Indian operations
Bosch entered India in 1922, when Illies & Company set up a sales office in Calcutta. For three decades, the company operated in the Indian market only through imports. In 1951, the Motor Industries Company Ltd. (MICO) was founded, with Bosch instantly buying 49% of its stock. MICO became the sole distributor and, after the Indian state implemented restrictive import regulations, a factory was set up at Adugodi, Bangalore in 1953, to manufacture various products with Bosch licensing. From this point onward, vocational training took place as well, culminating in the creation of a Vocational Centre in 1960. By 1961, 2,000 people worked at the Bangalore plant, which had already started an export business, and 57.5% of MICO shares had been bought by Bosch. This was followed by increased investments into MICO plants in India in the late 1960s and early 1970s; a second plant was installed in Nasik in 1969–1971, and a third in Naganathapura in 1988. In the late 1980s, the second-largest contingent of Bosch employees outside of Germany was based in India until eventually, in 2008, MICO was renamed Bosch Limited.
Bosch India has a turnover of over US$3 billion and over 31,000 employees spread across 10 locations and 7 application development centers. Approximately 84% of Bosch India revenues come from its automotive business, with the remaining 16% split between its non-automotive businesses that include packaging, energy and building, power tools, and consumer retail. Bosch also has R&D facilities in Pune, Hyderabad, Coimbatore, and Bangalore, India. This is Bosch's largest R&D operation outside its home market of Germany. In September 2014, Bosch announced the launch of a locally developed eye-irrigation fluid in India. The company's new eye screening and detection system offers a combination of hardware and software and provides affordable eye care.
Bosch India is listed on the Indian stock exchanges and has a market capitalization of over US$12 billion.
In 2022, Bosch's engineering and software arm Robert Bosch Engineering and Business Solutions (abbreviated as RBEI), changed its name to Bosch Global Software Technologies.
Joint ventures
BSH Hausgeräte
Main article: BSH HausgeräteBSH Hausgeräte GmbH, in which Bosch acquired all shares in 2014, is one of the world's top three companies in the household appliances industry. In Germany and Western Europe, BSH is the market leader. It includes the principal brand names Bosch and Siemens, Gaggenau, Balay, Neff, Thermador, Constructa, Viva and Ufesa brands, and further six regional brands. Bosch household appliances for the North American market are mainly manufactured at its factory near New Bern, North Carolina.
EM-motive
Daimler AG and Bosch established a 50:50 joint venture (JV) to develop and manufacture electric motors in 2011. The JV, called EM-motive GmbH, manufactures traction motors for electric, fuel cell and extended-range vehicles at a facility in Hildesheim, Germany.
In 2019 Bosch acquired the remaining shares and assumed full control of the company.
Purolator filters
Bosch co-owned Purolator Filters in a joint venture with Mann+Hummel until 2013. In 2013 the Mann+Hummel Group acquired Bosch's stake.
SB LiMotive
Main article: SB LiMotiveIn June 2008 Bosch formed SB LiMotive, a 50:50 joint company with Samsung SDI. The company held a ceremony for a 28.000 m lithium-ion battery cell manufacturing plant in September 2009 and it is scheduled to start production for hybrid vehicles in 2011 and for electric vehicles in 2012. The plant will generate 1,000 jobs in Ulsan, Korea in addition to the 500 employees in Korea, Germany, and the United States. SB LiMotive was officially ended in September 2012 with both companies focusing on automotive batteries alone.
Static ADAS Calibration
In October 2020, Bosch and Mitchell International paired up to develop the MD-500, a wireless tablet that repair planners can use to link directly to OEM repair procedures from Diagnostic Trouble Codes (DTCs), automatically upload pre-scan and post-scans, and write estimates and calibration reports. Bosch and Mitchell launched the MD-TS21, a target system that permits repair facilities to quickly and accurately calibrate blind-spot monitors, front-facing camera, and radar sensors in automobile models with ADAS, in February 2021.
Corporate affairs
This section needs to be updated. The reason given is: Numbers need to be updated. Please help update this article to reflect recent events or newly available information. (May 2024) |
Robert Bosch GmbH, including its wholly owned subsidiaries, is unusual in that it is an extremely large, privately owned corporation that is almost entirely (92%) owned by a charitable foundation. Thus, while most of the profits are invested back into the corporation to build for the future and sustain growth, nearly all of the profits distributed to shareholders are devoted to humanitarian causes.
Bosch family 8% ownership 7% of total votes | Robert Bosch Stiftung GmbH 92% ownership no voting rights | Robert Bosch Industrietreuhand KG 0.01% ownership 93% of total votes | |||||||||||||||||||||
Robert Bosch GmbH Capital funds: 1.2 billion Euro | |||||||||||||||||||||||
As shown in the diagram above, the Robert Bosch Stiftung (Robert Bosch Foundation) holds 92% of the shares of Robert Bosch GmbH, but no voting rights. The Robert Bosch Industrietreuhand KG (Robert Bosch Industrial Trust KG), with old members of the company management, agents of the Bosch family, and other eminent people from the industry (such as Jürgen Hambrecht, CEO of BASF), have 93% of the votes, but no shares (0.01%). The remaining 8% of shares and 7% of voting rights are held by the descendants of the company founder Robert Bosch.
Bosch invests 9% of its revenue on research and development, nearly double the industry average of 4.7%.
Controversies
In March 2022, German engineering firm Bosch faced allegations of violating European Union sanctions against Russia after Ukrainian authorities reported finding Bosch components in Russian military vehicles.
In April 2024, the Russian government placed Bosch's Russian subsidiary under the temporary management of a Gazprom entity, citing responses to Western hostilities.
Additionally, reports have surfaced indicating that Bosch, along with other companies, has been selling appliances intended for the Ukrainian market in Russia.
Accreditations
Some Bosch locations are ISO 9001 (quality) and ISO 14001 (environmental protection) certified. Their management is compliant with OHSAS 18001.
Environmental practices and initiatives
In May 2019, Bosch said it planned to be "fully carbon-neutral” by 2020 by investing in clean electricity and a carbon offset program.
Partnership with universities
Bosch has formed a strategic alliance with the Technische Universität Darmstadt.
See also
References
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Many forced laborers worked at the Bosch plants. Bähr and Erker estimate the total number at 20,000 forced laborers, including 1,200 concentration camp inmates. At the end of 1944, the share of forced labourers in the workforce was around 33 percent; in the whole of German industry it was about 25 percent in August 1944. It cannot be said that the forced laborers at Bosch fared better than elsewhere. Especially in the factories far from Stuttgart, such as in Kleinmachnow near Berlin or in Langenbielau (Bielawa) in Silesia, there were attacks. 'The Russian workers and prisoners of war were subjected to arbitrary acts and denunciations contrary to all the principles of the company, and concentration camp prisoners were brutally abused at the Langenbielau plant,' the historians write.
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¹Now integrated into other Bosch divisions or business groupings ²Sold |
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