Bosch projects 3-5% sales growth, plans Internet technology push - 0 views
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The company which makes ultrasound, radar and video sensors as well as spark plugs, wants to tap into a growing market for Internet-enabled devices and systems to allow autonomous driving.
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The shift toward more sophisticated cars will result in a 25 percent increase in the production of ultrasound sensors this year to 50 million devices, and the number of radar and video sensors produced will also double, to more than 2 million units, Bosch said.
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its automotive technology business sector had grown "impressively."
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