Osram invests in California-based UV LED specialist
February 19, 2021Osram acquires around 20 percent of US company Bolb Inc. via its venture capital arm Fluxunit. With its investment in the California-based UV-C LED specialist Bolb Inc., Osram is further expanding its technological know-how of disinfection applications with UV-C light.
Osram plans to sell electronics business
February 09, 2021As Osram continues to focus on high-tech and photonics, the company has decided to seek a new best owner for the segment which handles electronics and electronic power supplies within the business unit DI.
Osram sells production plant to Sanmina
February 08, 2021The German lighting specialist has reportedly sold a Bulgarian production unit to US-based EMS provider Sanmina.
Osram signs supply and commercial agreement with LeddarTech
January 21, 2021ADAS and AD sensing specialist, LeddarTech, and automotive lighting and laser systems supplier Osram, have entered into a long-term agreement.
AXT completes ramp of Osram shipments from new China manufacturing facility
December 04, 2020The manufacturer of compound semiconductor substrates has completed the ramp of its gallium arsenide substrate shipments for its major customer, Osram, from its new manufacturing facility in Dingxing, China.
Osram manages to keep operating margin stable during 2020
November 09, 2020Osram has come through the Year of Corona rather well thanks to early and efficient measures. “We acted early and consistently. We have protected both our employees and our production. This has paid off. Our free cash flow was positive in the last fiscal year at twelve million euros. We are particularly proud of this,” said Olaf Berlien, CEO of OSRAM Licht AG.
Osram shareholders vote for domination agreement with ams
November 05, 2020With 99.77% of the voting rights represented, the Osram general meeting approved a domination and profit and loss transfer agreement with ams. The required quorum of at least 75% was therefore reached.
Osram scores major win in patent dispute
October 27, 2020At the end of April 2019, US-based Lighting Science Group (LSG) filed a patent infringement complaint at the U.S. International Trade Commission (ITC) against Osram and other companies in the lighting industry.
Cree divest its LED operations as LED supply chain continues its shift to Asia
October 23, 2020After global LED giant Cree divested its lighting business in 2019, the company has announced its plan to sell its LED business to SMART Global Holdings (SGH) for USD 300 million. TrendForce indicates that Chinese manufacturers have quickly risen in the LED industry in recent years, benefiting from superior production capacities and cost optimization measures.
Continental automotive electronics in Karben by the end of 2024
October 01, 2020The company says it will initiate structural measures at its German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram.
Osram raises its guidance for 2020
September 17, 2020The managing board of Osram Licht AG raised the guidance for the fiscal year 2020 today due to stronger business recovery in summer, in particular in August.
Total VCSEL revenue expected to reach USD 1.8 Billion in 2021
September 04, 2020In early 2020, TrendForce forecasted the release of more than 10 high-end smartphone models equipped with 3D sensing solutions this year, which would drive up 3D sensing VCSEL revenue* to USD 1.404 billion.
Osram went head to head with its contract manufacturer
September 03, 2020The Munich-based company says that it protects its know how and has concluded a settlement with Taiwanese contract manufacturer Lextar Electronics
Osram: Slight recovery after weak 3rd quarter expected
June 26, 2020Osram Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously:-3 and +3 percent), an adjusted EBITDA margin of 3 to 6 percent (previously: 9 to 11 percent) and a negative free cash flow in the mid double digit to lower triple digit million range.
Osram’s early structural changes paid off
May 07, 2020The Munich based company achieved a respectable second quarter given the global challenges and thus met the market expectations.
Osram moves some lamp production to Berlin
April 23, 2020Osram says it will concentrate its cinema lamp production at its Berlin site starting in fall of 2020. The production capacity of Osram’s second location for special high-pressure lamps in Eichstätt will be bundled accordingly in the capital.
Osram appoints new Chief Financial Officer
April 08, 2020Osram Licht AG has appointed Kathrin Dahnke as a member of the Management Board. Effective April 16, she will be responsible for the financial business of the high-tech company.
CFO moves from Osram to ams
March 10, 2020Osram CFO Ingo Bank has been appointed CFO of ams AG as of May 1, 2020.
Seven major chip acquisitions valued at USD 1bn or moreLoad more news
February 12, 2020Semiconductor merger and acquisition activity strengthened in 2019 after pulling back in the two previous years from historic high levels of M&A agreements in 2015 and 2016.