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Robert Bosch GmbH is a technology-based corporation which was founded by Robert Bosch in Stuttgart, Germany in 1886.[1] Robert Bosch GmbH is the world's largest supplier of automobile components, and has business relationships with virtually every automobile company in the world. The headquarters of Bosch is in Gerlingen, near Stuttgart. Franz Fehrenbach became chairman on 1 July 2003. The Bosch Group comprises more than 275 subsidiary companies.
Operating in the areas of automotive and industrial technology, consumer goods, and building technology, the Bosch Group reported sales of ?43.7 billion[2] in fiscal 2006, an increase of 5.4% over the previous fiscal. In 2005, worldwide sales of the Bosch Group came to ?41.5 billion (reported as US$49,102,300,000),[1] with about US$8 billion in US sales. In the auto-component supply market, the top competitors of Robert Bosch GmbH are: Delphi Corporation, Visteon, DENSO Corporation, and, Continental AG. In 2004, Robert Bosch GmbH was 17th on the list of Top 20 Patent Winners in the United States, with 907 new patents. This was an improvement from 20th (758 patents) in 2003, and 23rd (683 patents) in 2002.[3]