© Osram Business | September 19, 2018
Osram’s gunning for the top spot of photonics
"Osram is very well positioned strategically and financially for the technologies and trends of the future. We are becoming the leading photonics champion," says Olaf Berlien, CEO of OSRAM Licht AG.
Osram is driving forward its focus on fast-growing high-tech markets. In addition to smart lighting technologies, future developments will focus on the market fields of visualisation, sensing and treatment, in which the biological effects of light on humans and plants will be the main focus. The company is shaping its portfolio in this direction, sharpening its profile as a high-tech supplier. LED-based products already account for around 70 percent of consolidated sales. On this basis, the company wants to develop into a “champion of photonics”, the company writes in a press release. The portfolio of the Osram Opto Semiconductors business unit enables applications in areas such as autonomous driving, horticulture and state-of-the-art building control. In the medium to long term, these future fields offer great growth opportunities over the industry cycle, even if the segment's growth rates temporarily dip below the level of previous years due to currency developments and uncertainties in the automotive industry. From 2020 onwards Osram Opto Semiconductors expects revenue growth at constant currency levels to be around 10% with an adjusted EBITDA margin between 23% and 29%. "In the long term, our prospects remain intact, even though we expect Opto Semiconductor to experience some slowdown in the near term due to market influences. In the short term the visibility on market developments is limited," adds CEO Olaf Berlien. For the next fiscal year 2018/19 revenue growth is expected to be between 5% and 10% with an adjusted EBITDA margin between 22% and 26%.
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Exxelia picks up Micropen Technologies Exxelia, a Paris-headquartered designer and manufacturer of high-rel passive components and sub-systems for extreme environments announced the completion of its late-2019 acquisition of Micropen Technologies Corporation.
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Jenoptik to acquire 100% of Spanish company Jenoptik is strengthening its position as a full-service provider of automated manufacturing solutions via the acquisition of Spanish company INTEROB. The contract was signed on January 25th and is expected to close in the coming weeks. The purchase price was slightly less than twice the revenue in 2019.
Broadcom to supply wireless components to Apple Certain subsidiaries of Broadcom have entered into two separate multi-year statement of work agreements with Apple Inc.
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Camtek receives orders for 34 systems from five manufacturers Camtek says it has received orders for 34 systems for 2D inspection of CMOS image sensors from five different manufacturers, of which 25 are from two customers.
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JEOL Ltd. acquires Integrated Dynamic Electron Solutions JEOL Ltd. , manufacturer of semiconductor equipment and other industrial instruments and equipment, announced the acquisition of Integrated Dynamic Electron Solutions Inc. (IDES), an entrepreneurial venture specializing in technologies related to transmission electron microscopy (TEM).
NEXT receives major order for Indian government program NEXT Biometrics has received an order for UIDAI and STQC certified fingerprint biometric readers in India with a value of USD 750,000.
Cadence completes acquisition of AWR from NI Cadence Design Systems, Inc. has completed the acquisition of AWR Corporation from National Instruments Corporation.
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Collins Aerospace inks multimillion-dollar space contract Collins Aerospace Systems has signed a contract with Lockheed Martin to provide critical subsystems to support production of NASA’s Orion spacecraft fleet for Artemis missions III through VIII.
Imagination Technologies expands with new European design centre Imagination Technologies has opened a new design centre in Timisoara, Romania. The centre will focus on IP designed for artificial intelligence (AI) and computer vision.
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ROHM company SiCrystal & STMicro ink wafer supply deal ROHM and STMicroelectronics have signed a multi-year silicon carbide (SiC) wafers supply agreement with SiCrystal, a ROHM group company having a top share of SiC wafers in Europe.
Cadence expands collaboration with Broadcom Cadence Design Systems says it has expanded its collaboration with Broadcom Inc. for the creation of semiconductor solutions targeting next-generation networking, broadband, enterprise storage, wireless and industrial applications.Load more news