RESEARCH & DEVELOPMENT
Bosch unit to maintain R&D spending
- Published: 27/09/2011 at 02:42 AM
- Newspaper section: Business
BEIJING : With more than 40% of its 2010 global sales coming from products developed in less than two years' time, the German power-tool manufacturer Bosch Power Tools will continue to spend 4 billion (168 billion baht) a year on R&D.
"Innovation is a core business driver for us," said Werner Benade, the senior vice-president for Asia Pacific.
"An increasing proportion of our sales come directly from recently introduced products."
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About the author
- Writer: Kanana Katharangsiporn
- Position: Business Reporter
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