Business/economy

CES 2016 (January 6 to 9), Las Vegas Bosch in North America: robust sales growth in 2015 Overview of activities in the region

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  • January 05, 2016
  • Business/economy
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press release

Las Vegas, Nevada – Bosch's North American business continues to develop well: in 2015 the company achieved year-on-year nominal sales growth of 20 percent in the region. Adjusted for currency effects, the increase in sales is expected to amount to some 7 percent. Bosch announced these figures at CES 2016 in Las Vegas. The company employs a total of over 30,000 people in North America, some 17,000 of them in the United States. For Bosch, North America is a global driver of innovation and plays a major part in the company's aim of offering technology that is “Invented for life” worldwide. Bosch has had a presence in the United States since 1906.

Expansion of activities / capital expenditure: In 2015, Bosch invested nearly 400 million dollars in the United States. One important investment was the acquisition of U.S. start-up Seeo Inc. (Hayward, CA). Bosch sees potential to combine its newly acquired expertise with its own developments in the field of batteries in order to more than double energy density by 2020 while significantly reducing costs. In addition, Bosch acquired the Michigan-based company Climatec last year. Climatec is a leading supplier of energy efficiency, building automation, and security solutions. In addition, Bosch expanded its U.S. packaging activities in 2015 through its acquisition of Osgood Industries Inc. in Florida and the acquisition of Kliklok-Woodman Corporation in Georgia.

Research and development: Bosch employs some 2,000 researchers and developers in North America. In 1999, Bosch's corporate research and advance engineering opened its first branch outside Germany, the Research and Technology Center (RTC) in Palo Alto. Today, this is where some 100 highly qualified associates are exploring the potential of current research trends in areas of future promise. These include web technologies, automated driving systems, and robotics. The associates also collaborate on research with leading U.S. educational institutions such as Stanford University. A Bosch start-up launched in 2015 and based in Palo Alto is working on developing robots for household use.

Contact persons for press inquiries:
Linda Beckmeyer, phone +1 248 876 2046
Melita Delic, phone +49 711 811-48617
Trix Böhne, phone +49 711 811-6831

Graphics
http://bit.ly/bosch_CES2016info
http://bit.ly/BoschCES_Connected_Mobility
http://bit.ly/BoschCES_Smart_Home
http://bit.ly/BoschCES_MEMS

Simply.Connected.
Visit Bosch at CES 2016 in Las Vegas, Nevada, USA:

Tuesday, January 5, 2016 (all times local)
  • 8:00 to 8:45 a.m.
    Press conference
    with Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, at Mandalay Bay Hotel, South Convention Center, Level 3, Banyan Rooms A-D.
Thursday, January 7, 2016
  • 11:00 a.m. to 12:00 p.m.
    Keynote panel
    "Beyond Smart Cities: The Future of Urban Mobility"
    Dr. Volkmar Denner, chairman of the board of management of
    Robert Bosch GmbH, Westgate Theater. Other panelists to include U.S. Secretary of Transportation Anthony Foxx.
  • 2:15 to 3:15 p.m.
    Conference track:
    The Internet of MEMS and Sensors
    Panel: "Technology Trends for the IoT"; Dr. Stefan Finkbeiner, CEO and general manager, Bosch Sensortec, Venetian, Level 4, Marcello 4404
Friday, January 8, 2016Wednesday, January 6 through Saturday, January 9, 2016 – Bosch booths
  • Focus on smart homes, smart cities, and Industry 4.0 in the Smart Home Marketplace, Sands Expo Center, booth #71517
  • Focus on connected mobility in the North Hall, booth #2302
Follow the Bosch CES 2016 highlights on Twitter: #BoschCES

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “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.

Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI9143 - January 05, 2016

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