Bosch, a leading global supplier of technology and services, on July 16 announced the establishment of an automotive research and development (R&D) center in HCMC.
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| Vo Quang Hue (R, front row), managing director of Robert Bosch Vietnam Co. Ltd., receives the “hi-tech status” certification |
Bosch, a leading global supplier of technology and services, on July 16 announced the establishment of an automotive research and development (R&D) center in HCMC.
This is a second R&D center of Bosch in Vietnam, with the first specializing in software and engineering R&D and also based in HCMC.
Set up early this month, the new center will initially focus on computer-aided design (CAD), simulations and testing of automotive technologies such as continuously variable transmission (CVT) and fuel injection.
Vo Quang Hue, managing director of Robert Bosch Vietnam Co. Ltd, said the automotive R&D center is located next to the software and engineering R&D center at the E-Town tower in Tan Binh District.
The new center will initially have a work force of around 30 associates.
Hue described the setting up of an automotive R&D center as an important step for Bosch Vietnam. “We remain confident of Vietnam’s role as a strategic hub for our high-tech manufacturing and R&D activities.”
Since it was set up in 2010, the software and engineering R&D center, Bosch’s first in Southeast Asia, has grown faster than its initial estimate by 1.5 years, reaching the milestone of 500 associates in May this year, he said.
This R&D center offers smart solutions such as embedded software, hardware and IT tools and mechanical design, as well as Business IT and IT-enabled services
Mallikarjuna Guru, managing director of the R&D center for software and engineering, said, “Our young team of local engineers has experience and competencies comparable with the best engineers around the globe. This results in increased productivity and quality of our solutions and has opened up growth opportunities for us.”
With its proximity to automotive original equipment manufacturers, the center is strategically positioned to be the engineering R&D hub for the Southeast Asia region, according to Bosch.
On July 16 also saw Robert Bosch Vietnam receiving the “hi-tech status” from the Government for its factory in Long Thanh Industrial Park in Dong Nai province. This means the company can enjoy preferential treatments in terms of taxes, helping it continue expanding business in Vietnam.
(Source:SGT)
