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February 08, 2016 9:36 PM ET

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Company Overview of Robert Bosch GmbH

Company Overview

Robert Bosch GmbH, together with its subsidiaries, provides technology and services worldwide. It operates through Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology segments. The Mobility Solutions segment offers gasoline systems, diesel systems, chassis systems control products, electrical drives, starter motors and generators, car multimedia products, automotive electronics, and automotive aftermarket and steering products. The Industrial Technology segment provides drive, control, and actuator solutions for the industrial automation, mobile machinery, and commercial vehicles. This segment also offers process and packaging solutions for the pharm...

Bosch Service Center

Postfach 30 02 20

Stuttgart,  70442

Germany

Founded in 1886

290,183 Employees

Fax:

49 711 400 40999

Key Executives for Robert Bosch GmbH

Deputy Chairman of Management Board and Head of Finance & Controlling
Age: 59
Member of Management Board and President of Manufacturing Coordination, Production System Development & Investment Planning; Environmental Protection
Age: 57
Member of Board of Management and President of Asia Pacific
Age: 57
President of Legal Services, President of Compliance, President of Human Resources & Social Services, President of Intellectual Property, President of Internal Auditing, President of External Affairs, President of Governmental & Political Relations, Director of Industrial Relations, President of Cip Coordination, President of Taxes and Member of Board of Management
Member of Board of Management and President of Diesel Systems
Age: 51
Compensation as of Fiscal Year 2015.

Robert Bosch GmbH Key Developments

Bosch Reports Earnings Results for the Full Year of 2015; Provides Earnings Guidance for the Full Year of 2016

Bosch reported earnings results for the full year of 2015. For the year, the group was able to lift sales by around 10% to top the EUR 70 billion ($76-billion) level in 2015. Profits increased with earnings before interest and tax (EBIT) amounting to around EUR 5 billion. Adjusted for one-off effects, EBIT totalled EUR 4.5 billion. The company aimed for higher sales in 2016.

Robert Bosch GmbH Unveils Smartphone Integration Solution mySPIN

Robert Bosch GmbH has unveiled the smartphone integration solution mySPIN. The Bosch technology, which has been used by Jaguar Land Rover throughout the entire fleet since 2014, connects the cellphone with the car, regardless of whether the device uses iOS or Android. With mySPIN, apps selected and modified by Bosch can be operated via the touch screen in the center console without picking up user smartphone. Bosch has now taken a giant step in China toward the further dissemination of this OEM solution. For one, the vehicle manufacturers JAC and Changan Ford will be offering the integration solution in their models; for another, Bosch has signed a cooperation agreement with the Chinese technology corporation Tencent. The number of apps enhanced to include mySPIN functions has been rising steadily since 2013 and is currently just short of 50 three times as many as available for comparable systems. Special focus is on navigation and media applications, such as TomTom, Parkopedia, hotelseeker, and Audials. When selecting applications for mySPIN, Bosch does not limit its cooperation to well-known providers such as TomTom, but explores other paths as well: the development of its own apps, like Drivelog, or collaborations with startups, such as Familo. This app, for instance, is the winner of a hackathon organized by Bosch. Hackathons are events bringing together programmers, software developers, designers, and project managers for a brief period of time so that they can collaborate intensively on the joint development of a software program. By taking a number of approaches, Bosch ensures that popular apps are available and that innovative new providers also have the opportunity to reach customers in their cars. Thanks to the unique structure of mySPIN, carmakers retain at all times full control over the selection of the apps that their customers can use and how the user interface is designed and what happens with the available information. In the future, automobile manufacturers will also use the mySPIN interface to make vehicle data available to the apps. Data such as tire pressure or fuel level can then be used in the apps. A filling station offering low prices, for instance, will be suggested only if the fuel gauge has reached the reserve level. All of the apps approved for mySPIN have been specifically designed for use while driving so that there is as little distraction as possible assuring greater safety. The technical hurdles for applications in this instance are low. A software development kit is provided to app developers. Carmakers can each decide what apps will be available for use in specific vehicles and define them on a so-called white list, which can be flexibly updated and expanded. In addition to the integration of iOS and Android smartphones, a solution for Windows phones has already been realized as a prototype and can be provided to vehicle manufacturers upon request.

Robert Bosch Unveils GLM 50 C Professional Laser Measure

Robert Bosch GmbH unveiled the GLM 50 C Professional laser measure. The GLM 50 C Professional measures distances up to 50 meters with an accuracy of ±1.5 millimeters. It continues the successful GLM series and enhances it with new functions. With the unrivaled stake-out function, for instance, users can measure and mark out identical distances very quickly. The GLM 50 C Professional can save up to 30 measured values, and can add the results together and subtract them from each other. In addition, it features a 360° tilt sensor and, therefore, can also be used to measure inclinations and as a digital spirit level. The leveling can be read using a simple target graphic. The color display rotates automatically with the laser measure, allowing the user to easily read off values in any situation and at any inclination. The measuring accuracy and the range of this instrument are certified to ISO standard 16331-1. This means that the specifications provided are based on defined parameters that are the same on all certified instruments. This enables tradespeople to make an objective comparison of the measuring accuracy and range of certified laser measures. Furthermore, the GLM 50 C Professional is dust and splashproof to IP 54, extremely rugged and therefore also suitable for heavy-duty use on the construction site. The GLM 50 C Professional gives users mobility. Thanks to the Bluetooth interface, measurement data can be transferred to a smartphone or tablet at any time. Planners and tradespeople can use the GLM floor plan app to create and update floor plans. In this case too, the measurement data is transferred directly to the app, and lengths and heights of walls are adapted automatically in the digital drawing according to the values measured. Both applications enable users to optimize their work flows and increase their productivity. The GLM 50 C Professional laser measure is available at specialist retail outlets at the recommended retail price of 149 euros plus VAT. It comes complete with two AAA batteries.

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