Bosch pulls plug on photovoltaics business

German car parts supplier Bosch said Friday it plans to discontinue its solar panel manufacturing business because overcapacity in the industry has caused prices to nosedive.

German car parts supplier Bosch said Friday it plans to discontinue its solar panel manufacturing business because overcapacity in the industry has caused prices to nosedive.

Chevron, one of the world’s leading energy firms, has forged an agreement with The Bosch Group to jointly open 500 car service workshops and retail shops across five countries in the region, including the Philippines.

Internationally renowned automotive parts supplier Robert Bosch Philippines staged the Automotive Festival at the Auto Cluster of West Gate in Alabang last September 1 and 2. The two-day fete celebrated Bosch’s expertise in automotive technology, products and services, and underscore its commitment to provide innovative solutions to local automotive and industrial challenges.

International manufacturing giant Bosch opened a new state-of-the-art training center that will enhance the technical expertise of Filipinos.
German industrial equipment manufacturer Bosch is making a big bet on the economic growth of the region, specifically the Philippines, as it unveiled its new thrust to sell more of its products and services to the food and beverage industry.

“Team Siklab” from the Mapua Institute of Technology and “Team Drill Drivers” from University of the Philippines ME represented the Philippines that competed against eight other teams in the finals of the Bosch Power Tools Asia Cordless Race 2011 on Wednesday, September 21.