BOSCH Tech, service supplier posts rise in Asia sales
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Bosch, a global supplier of technology and services, ended its 2018 fiscal year with 839 million euros in consolidated sales across Southeast Asia – an increase of nearly 5 per cent compared to the previous year.
“2018 was a year led by high demand for the internet of things (IoT) and mobility solutions across Southeast Asia. At Bosch, we continue to expand the range of our leading solutions in these domains by successfully completing several iconic projects and embarking on new initiatives,” said Martin Hayes, president of Bosch in Southeast Asia.
“We are also starting to see positive results from previously deployed Industry 4.0 (I4.0) innovations, with highlight projects generating visibility and greater demand for our solutions. In short, our strategic focus on connectivity is paying off”. Bosch employs some 10,000 associates in Southeast Asia, of which 1,380 are working in research and development.
