Bosch expanding its software services in Asia Pacific
Engineering center opened in Vietnam:
- Some 500 engineers will be working in the new center by 2015
- High-tech software solutions and engineering services above all for southeast Asia
Stuttgart/Ho Chi Minh City, Vietnam – Bosch has opened its first southeast Asian software engineering center in Vietnam. The newly established Robert Bosch Engineering and Business Solutions Vietnam Company Limited (RBVH) offers high-tech software solutions and engineering services. These include the development of embedded software, such as that used in electronic control units and IT services. Bosch has invested more than three million euros in the Vietnamese software engineering center, which has started operations with 60 engineers. By 2015 the number of associates is to rise to some 500. Bosch has similar centers at its Indian locations in Bangalore and Coimbatore.
Bosch wishes to use its Vietnamese location primarily to serve industrial customers in southeast Asia as well as automakers in Japan, South Korea, and China. “The new software engineering center complements our existing activities in Vietnam,” said Vijay Ratnaparkhe, Chairman of RBVH and Managing Director of Robert Bosch Engineering and Business Solutions Limited in India. “It will improve our ability to support our customers in Asia Pacific.”
Bosch in Vietnam
Bosch sales in Vietnam increased by nearly 50 percent in 2010, to roughly 15 million euros. And if intercompany sales are included, total net sales were as high as some 90 million euros in 2010. Currently there are 350 Bosch associates working in Vietnam, but the company wishes to quadruple this figure to 1,400 by 2015. Bosch opened a high-tech facility for the production of belts for continuously variable transmissions in Ho Chi Minh City in mid-April 2011. A total of some 55 million euros will have been invested in the plant by 2015, and there will be some 800 associates working there by then. Bosch has been present in Vietnam since 1994.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 285,000 associates generated sales of 47.3 billion euros in fiscal 2010. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent 3.8 billion euros for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
Bosch is celebrating its 125th anniversary in 2011. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as a “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
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