Bosch has received up to $225 million in government grants from the U.S. Commerce Department. Bosch’s $1.9 billion investment in California will be supported by this funding. The aim is to increase silicon carbide (SiC) semiconductor output. Electric vehicles (EVs) and other renewable energy industries depend on these semiconductors. Bosch has obtained up to $225 million in subsidies for its factory located in Roseville, California.
Bosch will benefit from the project by producing cutting-edge SiC power semiconductors. This project to boost domestic semiconductor manufacturing has the backing of the U.S. government.
Chips made of silicon carbide are essential for telecommunications, renewable energy, and electric vehicles. Bosch wants to address the increasing demand in these businesses by producing these chips locally.
Bosch’s $1.9 Billion Project in California
Bosch’s Roseville facility will be modernized thanks to the $1.9 billion investment. The facility will be outfitted to manufacture SiC chips on 200-millimeter wafers. By 2026, Bosch intends to start production. The Roseville plant will be crucial to the production of semiconductors in the United States. More than 40% of the nation’s SiC device needs might be met by it.
The Strategic Roseville Initiative by Bosch
The Roseville initiative by Bosch will lessen the reliance of the United States on imports of semiconductors.
The COVID-19 epidemic has exacerbated the worldwide shortage of semiconductors, making home manufacture even more crucial.
Bosch hopes to satisfy the demand for SiC chips across several industries with support from the government. Because of the company’s efforts, the United States will be able to compete in the expanding global semiconductor industry.
Expansion of Domestic Semiconductor Production
The Bosch project is included in the semiconductor funding plan of the United States government. $52.7 billion was allotted by the government to encourage the expansion of domestic semiconductor production.
Additionally, Bosch was offered loans totaling about $350 million. This assistance enables the business to increase the volume of SiC chips it produces.
Additionally, it promotes increased investment in green technologies and American manufacturing.
The Growing Demand for SiC Devices
Because power system designers can significantly reduce losses in the form of heat created during device operation and hence enhance efficiency, SiC devices, such as MOSFETs, are preferred over silicon components.
Higher switching frequency allows the use of smaller inductors and transformers, SiC chips can be downsized, and simpler and less expensive cooling systems can handle smaller losses.
These advancements are all necessary to create lighter and more compact equipment, which means that an electric vehicle (EV or BEV 1) can travel farther on a single charge.
Top Companies Chasing the SiC Dream
To improve their position in the silicon carbide market, the market participants have implemented a number of tactics, including product launches, agreements, partnerships, collaborations, contracts, acquisitions, and expansions.
By offering cutting-edge SiC devices, the market participants have been able to grow internationally thanks to both organic and inorganic strategies.
Here are the top companies; STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), Semiconductor Components Industries, LLC (US), WOLSPEED, INC. (US), ROHM Co., Ltd. (Japan), Fuji Electric Co., Ltd. (Japan), TOSHIBA CORPORATION (Japan), Microchip Technology Inc. (US), Mitsubishi Electric Corporation (Japan), Coherent Corp. (US)
