German engineering group Bosch expects strong growth in software and services revenues, driven by the technology shift in the automotive industry. Speaking at this year’s CES technology show in Las Vegas, the company said it anticipates annual sales exceeding €6 billion by the start of the next decade, according to Reuters, cited by Agerpres.
Around two-thirds of these revenues are expected to come from the mobility sector. Bosch also forecasts that sales of software, sensor technology, high-performance computers and network components will double by 2035, surpassing €10 billion.
Read full article here: turnovernews.com
Read also: Bosch to Cut 13,000 Jobs Amid Auto Industry Challenges
Photo: Bosch
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