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Bosch records double-digit growth in China

By Niranjan Mudholkar,

Added 24 May 2018

New plant for infotainment systems opened

Today, Bosch employs more than 60,000 associates in China, which is its largest market outside Germany. Roughly 30 percent of Bosch's worldwide sales come from Asia Pacific, and over 60 percent of this is generated in China. Bosch also sees good long-term opportunities in the region, especially in the Chinese market. For the current year, Bosch expects to outperform the local market, albeit at a more moderate rate. "Our China business has made a good start to 2018," Tyroller said. All the company's business sectors contributed to the positive business development in China in 2017. Around 11 billion euros was generated with mobility solutions - 25 percent more than in the previous year. Moreover, business with home appliances and HVAC equipment continued to perform particularly well.

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