Bosch's China sales hit record high of 77 billion yuan in 2015
By Zhong Nan in Shanghai | China Daily | Updated: 2016-05-13 08:06
Sales of Robert Bosch GmbH in China reached a record high of 77 billion yuan ($11.8 billion) in 2015, as the German technology and service supplier underwent its biggest expansion amid China's industrial upgrading boom, senior executives said on Thursday.
The company said this year it will focus on four areas - connected mobility, connected industry, smart home and smart city - to enhance its earning ability from China's Internet Plus initiative.
Peter Tyroller, the member of Bosch's management board responsible for the Asia-Pacific region, said the sales record was achieved despite a less dynamic market environment. China's share in Bosch's global sales climbed to 16 percent last year - making it the group's largest market outside Germany.
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