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Bosch in North America: robust sales growth in 2015

Overview of activities in the region

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 atCES 2016in 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 planned 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

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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 atCES 2016in Las Vegas, Nevada, USA:

Tuesday, January 5, 2016(all times local)

  • 8:00 to 8:45 a.m.
    Press conference
    withDr. 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 4.0in the Smart Home Marketplace, Sands Expo Center, booth #71517
  • Focus on connected mobilityin the North Hall, booth #2302
Follow the Bosch CES 2016highlights on Twitter:#BoschCES

Tags: Sales

Bosch Thermotechnology is a leading European manufacturer of energy-efficient heating products and hot water solutions. In fiscal 2018, the company generated sales of about 3.5 billion euros (66 percent outside Germany) and employed approx. 14,200 people. Bosch Thermotechnology has strong international and regional brands and manufactures a diversified product range in Europe, America and Asia.

Further information is available online at www.bosch-thermotechnology.com.

About Energy and Building Technology

The Energy and Building Technology business sector accounted for 4.6 billion euros, or roughly 9 percent, of total Bosch Group sales in 2014. It offers a wide range of products, solutions, and services for heating, hot water, ventilation, air conditioning, security, and building management, power generation, and energy storage. Bosch Energy and Building Technology encompasses the Thermotechnology and Security Systems divisions. The former is a supplier of resource-conserving heating products and hot-water solutions. The latter provides solutions for video surveillance, access control, voice evacuation systems, intrusion control and fire alarm systems, professional audio and conference systems, and services for remote surveillance and business process management. The business sector also includes Bosch Energy and Building Solutions GmbH, which specializes in services designed to improve the energy efficiency of commercial buildings, and Bosch Energy Storage Solutions, a provider of modular energy storage solutions.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 410,000 associates worldwide (as of December 31, 2018). The company generated sales of 78.5 billion euros in 2018. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. 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 Bosch Group comprises Robert Bosch GmbH and its roughly 460 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At nearly 130 locations across the globe, Bosch employs some 68,700 associates in research and development.

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

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