- Existing United Automotive Electronic Systems joint venture to take over Chinese body electronics business
- Joint venture partners to gradually transfer major production plant and agreements to UAES
- Sales network to be expanded and customer contacts improved
Shanghai – The Bosch Group and the Chinese Engine Management Systems Corporation Ltd. (CNEMS) are extending their collaboration in the field of body electronics. To achieve this, the activities of the United Automotive Electronic Systems Co. Ltd (UAES) joint venture, in which Bosch and CNEMS are partners, are to be extended. UAES is mainly active in the field of electronic systems and components for gasoline engine management.
In the future, UAES will also develop, manufacture, and sell body electronics products for the Chinese market. It is planned that the extended UAES portfolio will also include body computers, immobilizers, electronic door openers, door control units, and comfort and convenience control units. A cooperation agreement to this effect was signed. It has been agreed that the details of the agreement will not be disclosed. The approval of the authorities responsible still has to be granted.
After the closing of the deal, UAES will assume the operating business with body electronics, which is currently run by the Bosch Automotive Electronics division in China and the CNEMS subsidiary DIAS Automotive Electronic Systems Co. Ltd. In consultation with existing customers, some production machinery, as well as the necessary licenses, contracts, and customer agreements will gradually be transferred. It is expected that the transfer process will have been completed by 2015. By working together more intensively in the joint venture, the companies will develop solutions specifically for the Chinese Market and hope to improve customer contacts.
“In the Chinese market, we still see considerable potential for selling body electronics products. This applies both to national Chinese automakers and to the international automakers operating in China. We want to extend our activities here,” says Hans-Peter Hübner, the senior vice president responsible for body electronics in the Automotive Electronics division.
Initially, roughly 100 associates will work in the body electronics unit at the UAES Shanghai location. UAES employs a total of roughly 3,500 associates, and manufactures mainly engine control units, sensors, fuel injectors and fuel pumps for gasoline engine management systems at currently three locations in China.
About Bosch in China
Bosch founded its first trading office in China as early as 1909. In 1926, the first car service workshop opened in Shanghai. Today, all Bosch business sectors are present in China: Automotive Technology, Industrial Technology and Consumer Goods and Building Technology. The company operates 44 legal entities in China and has a holding company in Shanghai. Consolidated sales in China reached 2.2 billion euros in 2008. Some 20,200 Bosch associates in all legal entities and facilities are committed to bringing to Chinese customers the latest technology as well as the most reliable services to help improve their quality of life.
About the Bosch Group
The Bosch Group is a leading global supplier of technology and services. In the areas
of automotive and industrial technology, consumer goods, and building technology,
some 280,000 associates generated sales of 45.1 billion euros in fiscal 2008. The Bosch
Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros, or eight percent of its sales revenue, for research and development, and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical Engineering." The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.cn
News source：Bosch China
Publish date：Jan 2010
|
简体中文
Web Assistant
Contact
Dealer
My Bosch
Start Bosch.com.cn 
Top of page