Bosch business model

Technology Trends

Technology leadership in new systems

Despite the industry slowdown and cost cutting in production investment, Bosch raised its spend on research and development in the automotive division from €1.9bn in 2001 to €2.1bn in 2002. Senior management says that the research and development spending, which has been around 7% of sales, may creep up to 8% as it is growing in importance.

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