Robert Bosch GmbH (Bosch} was founded in Stuttgart, Germany in November 1886 where it is still headquartered today.
Bosch’s foray into Malaysia began in 1923 when its products were first introduced in Penang. Today, Bosch is represented in Malaysia by Robert Bosch Sdn Bhd, based in Petaling Jaya, with offices located in Selangor and Penang. The company has three local manufacturing arms in Penang providing car multimedia systems, power tools, and automotive steering systems.
Bosch is where it is today due to its independence in financial management, strength of innovation, quality and reliability, global presence, efficient processes, and forward-looking human resource development.
Interestingly, Bosch is not a publicly listed company. 92 percent of the company shares are held by Robert Bosch Stiftung, a charitable foundation. This structure ensures the Bosch Group develops and implements long-term strategies while staying socially-minded.
In 2014 alone, Bosch invested more than 4.9 billion euros in research and development and applied for nearly 4,600 patents. Globally some 45,700 associates work in research and development at Bosch, including 1,300 in corporate research. In Malaysia, all three of Bosch’s manufacturing plants have individual R&D teams, developing and manufacturing products both for the local and worldwide market.
The company’s founder, Robert Bosch once said, “It has always been an unbearable thought to me that