In Response To The Development Of Iot And Intelligent Transportation, The Bosch Group Smashed Over 1 Billion Euros To Build A Fab

According to earnings preliminary data show that the Bosch Group in 2017 achieved a substantial increase of 6.7% in sales, reaching 78 billion euros. After adjusting for the impact of the exchange rate, total sales increased by 8.3%, of which the exchange rate affected about 1.2 billion euros. Dr. Volkmar Dunner, Chairman of the Board of Bosch Group, said at the Group Data Initial Communication meeting in Ludwigsburg that "in 2017, we achieved a new high in sales, business growth exceeded our expectations and profit margin Have also been further improved. "Bosch with its innovative strength and focus on the Internet strategy to achieve sustained growth of the group. Dr. Dunner said, "Bosch has long recognized the boundless potential of connected businesses and is now turning interconnected strategies into real performance." In 2017, the Bosch Group posted EBITDA of 5.3 billion euros, meaning EBIT margin reached 6.8%. Dr. Stefan Asenkerschbaumer, Chief Financial Officer and Vice Chairman of the Board of Bosch Group commented, "Bosch's success in its traditional core businesses provides capital support for our ability to become a leading provider of IoT technologies and intelligent transportation solutions." OUTLOOK In 2018 Bosch There are many opportunities foreseen to bring connected technologies to more areas such as changes in factories, buildings, cities and transportation trips. Dr. Dunal also stressed that the transformation of corporate culture in the digital transformation of the enterprise strategy is equally important.

New Organization: Establishment of Industry 4.0 Business Unit

Interconnection and digitalization are the firm directions of Bosch's strategy and are part of Bosch's day-to-day business. Dr. Dunalll explains: "Transformation has created an opportunity for us to further demonstrate our strengths, not only on paper but on technical and commercial success." Bosch foresees a huge Business. Today, a new business unit, "Bosch Interconnection Industry," was formed to formally operate on January 1, 2018 with a first batch of 500 employees. In this business unit, Bosch focuses on Industry 4.0 related business activities and brings together all the know-how required in this area, including in particular software and service capabilities. As business continues to evolve, Bosch will also provide Industry 4.0 products and services to third parties. From now until 2020, Bosch will continue to expand its business in the field of Industry 4.0 and expect to achieve a sales increase of more than 1 billion euros. With the acquisition of a portion of HERE, a map provider, Bosch is expected to unlock further potential in Industry 4.0.

Interconnection has become a weapon against the major challenges of human existence

In emphasizing the importance of interconnectivity in the Internet of Things era, Dr Dunal said: "Only by finding innovative solutions to the increasingly serious problems, our planet can provide a habitable environment for human beings." More than 170 Bosch now All IoT projects are designed to address key human challenges such as population growth, urbanization, air pollution and environmental change. "We use the Internet of things to connect the real world to improve the quality of life for people," said Dr Dunal. For example, in 2017, Bosch launched a new smart agriculture or connected agriculture solution and expect that by 2025 these innovative solutions will help solve the food problem for the future 8 billion people in the world. Today, these sensor-based monitoring data generation solutions and artificial intelligence technologies have been used to grow asparagus, strawberries, potatoes and grapes. Bosch's innovative technology further enhances the efficiency and sustainability of oysters and livestock husbandry. The market for digital agriculture is expected to grow by 70% by 2020.

Smart Home and Smart City: Hundreds of millions of people living space

In response to growing semiconductor demand for smart transportation and IoT applications, Bosch will invest over 1 billion euros by 2021 to build a new fab in Dresden, Germany. One of the chip application areas that the new factory will produce in the future is the smart home. Bosch not only offers interconnected home appliances for smart kitchens, but also more and more digital services. The Bosch home networking ecosystem incorporates Kitchen Stories, a recipes app that offers 12 languages. Kitchen story app currently downloads up to 15 million times, covers 1,000 recipe information, and teaches people how to cook in various media such as videos, photos and more. At the CES Consumer Electronics Show in Las Vegas since the beginning of this year, Bosch has released a full line of products that connect the entire Smart City. One of the new products is Climo, a mobile air laboratory that can monitor the quality of the city's air in real time. It is estimated that by 2025, 80% of the world's megacities will become smart cities. Bosch has now conducted 14 pilot demonstration projects in this area. It is estimated that by 2020, the market size of smart cities will reach 700 billion euros.