Bosch Taiwan forecasts slower revenue expansion - News Summed Up

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Bosch Taiwan forecasts slower revenue expansion


“We have a promising future as there is still room for improvement in all our business sectors,” Hollmann told a media briefing in Taipei. Bosch MEMS sensors are used in more than half of smartphones, as well as in millions of fitness trackers and smart home devices. Meanwhile, the launch of a Bosch Go cordless screwdriver for the do-it-yourself market proved to be a great success in Taiwan, the company added. The energy and building technology business unit achieved double-digit growth in sales, attributable to the use of video surveillance in industry and government organizations, he said. Bosch is evolving from a traditional hardware company into a major Internet-of-Things (IoT) company and aims to promote IoT products and solutions in all business sectors in Taiwan, Holl-mann said.


Source: Taipei Times May 23, 2019 15:56 UTC



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