Bosch, founded in 1886, is a famous multinational group and a fortune 500 enterprise, and has a high position in the fields of automobile technology, industrial technology, electrical engineering, precision machinery, household appliances and so on. Siemens, founded in 1847, is a well-known multinational group and the largest electrical engineering company in the world, with industries involving industrial automation, energy, urban infrastructure and medical solutions.

Although the main businesses of the two companies are different, they also overlap, and the two companies have been in a healthy competition state. However, in 1967, the two companies each invested 50% to set up Bosch Company to produce household appliances and branded them with Bosch or Siemens trademarks. The strong combination of these two brands has made Siemens home appliances and Bosch home appliances enduring in the world, and Siemens home appliances and Bosch home appliances have become synonymous with high-end home appliances.