German technology company Bosch plans to acquire the U.S. chipmaker and invest 1.5 billion USD in strategically important semiconductor business for electromobility
SEATTLE, April 26, 2023 – ATREG, Inc., the premier global firm in the semiconductor industry for initiating, brokering, and executing the exchange of advanced technology cleanroom manufacturing assets, represented TSI Semiconductors in the sale of its operational automotive- and aerospace-qualified 200mm manufacturing facility based in Roseville, USA to Bosch. The German technology company plans to acquire the Californian manufacturing assets of the U.S. chipmaker and invest 1.5 billion USD over the next few years in strategically important semiconductor business for electromobility, subject to regulatory approval.
The Roseville manufacturing location which offers roughly 10,000 square meters of cleanroom space will reinforce Bosch’s international semiconductor manufacturing network. Starting in 2026, following a retooling phase, Bosch will produce its first silicon carbide (SiC) chips on 200mm wafers in the facility to meet global rising demand for the specialized chips, up to 30 percent a year on average. High demand comes mainly from the automotive sector to enable greater range and more efficient recharging for electric cars. With SiC chips, cars can use up to 50 percent less energy and increase their battery charge by six percent.
A trusted foundry producing application-specific integrated circuits (ASICs) and employing 250 people, the TSI Roseville facility currently develops and produces 200mm silicon chips for applications in the mobility, telecommunications, energy, and life sciences industries.
“TSI’s automotive-qualified trusted foundry is the perfect fit for Bosch to significantly expand its global portfolio of SiC semiconductors by the end of 2030 – unique technologies, a highly skilled workforce, and a flexible campus located near Silicon Valley, one of the world’s strongest semiconductor ecosystems,” explains Stephen Rothrock, founder, president and CEO of ATREG. “We are very pleased with this win-win outcome for both TSI Semiconductors and Bosch.”
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ATREG is the only firm in the world dedicated to the holistic exchange of advanced technology manufacturing infrastructure. A linchpin of the semiconductor industry for nearly 25 years, ATREG has served as an objective intermediary in the transfer of over $30 billion in assets, acting as an indispensable conduit for the growth of its partners and the industry as a whole while remaining uniquely focused on aggregate asset deployment and human capital retention. For more information, please visit our web site, read our blog, or follow us on LinkedIn and Twitter.