Bosch (China) Investment Ltd.
2010-06-04 Source:www.chinabuses.org:
Summarize:Bosch set up its first sales office in China as early as 1909. In 1926, the first Bosch car service was opened in Shanghai. Today, all three Bosch business sectors are present in China: Automotive Technology, Industrial Technology, and Consumer Goods and Building Technology. Bosch employs 26,200 associates at 50 legal entities across China, and has a holding company in Shanghai. Consolidated sales in China reached 37.3 billion yuan in 2010.
www.chinabuses.org:Bosch set up its first sales office in China as early as 1909. In 1926, the first Bosch car service was opened in Shanghai. Today, all three Bosch business sectors are present in China: Automotive Technology, Industrial Technology, and Consumer Goods and Building Technology. Bosch employs 26,200 associates at 50 legal entities across China, and has a holding company in Shanghai. Consolidated sales in China reached 37.3 billion yuan in 2010.
This robust growth testifies to the effectiveness of Bosch's strategic approach in China, which was chosen in close alignment with China's goals for a sustainable and low-carbon economy. Today, all three Bosch business sectors in China focus their innovations on energy efficiency and resource conservation. The products and solutions manufactured by Bosch in China for the Chinese market range from clean diesel systems, products for powertrain electrification, and gearboxes for wind turbines to heat pumps, energy-efficient home appliances, and lithium-ion power tools.
Automotive Technology
Automotive Technology is the largest Bosch business sector. In 2010, Bosch Automotive Technology operations in China continued their steady growth and generated 23.3 billion yuan, 63 percent of total sales in China. As an integrated systems supplier, Bosch offers a wide range of localized automotive technology solutions to increase energy conservation and driving safety in China. In October 2010, Bosch broke ground for its new automotive test and technology center in Donghai, an investment of 360 million yuan.
Industrial Technology
Bosch activities in the field of industrial technology include automation technology, packaging technology, and photovoltaics. In 2010, the Industrial Technology business sector generated sales of 7.8 billion yuan in China. Bosch Rexroth, a Bosch subsidiary and a leading specialist in the field of drive and control technologies, offers solutions for industrial applications and factory automation, mobile applications as well as using renewable energies. The Bosch Packaging Technology manufacturing site in Hangzhou is the division's largest outside Germany.
Consumer Goods and Building Technology
Bosch China generated sales of 6.2 billion yuan in its Consumer Goods and Building Technology business sector in 2010. In its Consumer Goods and Building Technology business sector, Bosch operates in the areas of power tools, heating systems, security systems, and household appliances. In 2010, China Hardware Association named Bosch the number-one power tools brand. Bosch is also one of the world's leading suppliers of electronic security and communications systems.
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