ams OSRAM extends with CFO until 2030 October 16, 2025 ams-OSRAM extends its contract with Chief Financial Officer Rainer Irle, effective immediately and running until October 15, 2030. The current contract would have expired on June 30, 2026.
Robert Feurle takes the helm at Wolfspeed April 02, 2025 Wolfspeed, US silicon carbide (SiC) specialist, has appointed Robert Feurle as Chief Executive Officer (CEO), effective May 1, 2025. The appointment follows a comprehensive internal and external search, the company revealed.
Xtend AI, AMS-India team up to develop healthcare service robots March 27, 2025 Backed by the Government of Israel and the Karnataka Digital Economy Mission, the partnership seeks to improve access to healthcare, generate employment, and bolster trade relations.
ams OSRAM secures €227M EU support for Austrian chip facility February 25, 2025 ams OSRAM has received approval from the European Commission for up to EUR 227 million in funding under the European Chips Act to expand its semiconductor manufacturing in Premstätten, Austria.
ams Osram: "Our turnaround is in full swing" February 12, 2025 Austrian semiconductor manufacturer ams Osram delivers cost savings ahead of plan, Q4 revenues and profitability above mid-point of guided range.
ams OSRAM lowers 4Q outlook, extends efficiency program November 19, 2024 Austrian semiconductor manufacturer ams OSRAM has revised its fourth-quarter revenue outlook downward due to seasonal mix effects and ongoing market uncertainties heading into 2025.
Layoffs awaits at AMD November 19, 2024 AMD has announced plans to reduce its global workforce by approximately 4% as the company focuses on expanding its presence in the rapidly growing AI chip market, where Nvidia currently dominates.
ams Osram to significantly expand production in Styria May 14, 2024 ams Osram is strengthening its development and production site in Premstätten. Aldo Kamper, CEO of ams Osram AG, has presented plans to invest a total of EUR 588 million in the development and production site in Premstätten by 2030.
500 employees affected by ams Osram restructuring April 30, 2024 Earlier this year, ams OSRAM announced that a lead-customer had stopped the cornerstone microLED development project. The development forced the company to initiate a restructuring of its microLED-related activities in both Malaysia and Germany.
Micro LED Apple Watch production faces significant changes March 14, 2024 In a surprising twist, LED giant ams OSRAM has called off a significant Micro LED collaboration with Apple, casting substantial uncertainty on the launch of the much-anticipated Micro LED version of the Apple Watch as its sole chip supplier.
ams OSRAM secures €300 million in funding September 27, 2023 The lighting and semiconductor company specialist is expanding its chip development in Germany and has secured funding worth more than EUR 300 million. The money comes from the federal government and the Free State of Bavaria as part of the EU initiatives to strengthen the European chip industry.
MIDA to support ams OSRAM in Malaysia September 13, 2023 ams OSRAM and the Malaysian Investment Development Authority (MIDA) announce mutual support for the continued investment and expansion in Malaysia.
Apple investments with European suppliers top €20 billion in 2022 May 29, 2023 Apple's spending with European suppliers has increased more than 50% since 2018, totalling EUR 85 billion over the past five years and more than EUR 20 billion in 2022 alone.
Applied Industrial Technologies acquires Advanced Motion Systems May 11, 2023 Applied Industrial Technologies has acquired Advanced Motion Systems Inc. (AMS), a provider of automation products, services, and engineered solutions focused on a full range of machine vision, robotics, and motion control products and technologies.
Aldo Kamper officially joins ams OSRAM as CEO April 03, 2023 Aldo Kamper has officially become active in his role as CEO and Chairman of the Management Board at the company.
ams OSRAM completes the sale of Clay Paky March 02, 2023 ams OSRAM's sale of Clay Paky entertainment lighting business has been completed with ARRI AG. With the transaction now completed, the company will continue to focus on the high-technology semiconductor business and its automotive and specialty lamps business.
Farnell expands agreement with ams OSRAM February 24, 2023 Farnell and ams OSRAM have strengthened their global partnership to bring-to-market a range of new technologies and selected optical solutions for the automotive, consumer, industrial and healthcare sectors.
ams Osram stands to benefit from Apple adopting micro LED February 02, 2023 According to TrendForce, Apple is expected to adopt Micro LED for its consumer electronic products in the close future.
Clay Paky sold to ARRI AG December 20, 2022 ams OSRAM has entered into a definitive agreement to sell its Clay Paky entertainment lighting business to Germany based ARRI AG. The transaction is subject to customary closing conditions.
ams OSRAM closes the sale of Traxon Technologies December 06, 2022 ams OSRAM has closed the sale of the Traxon Technologies architectural lighting business to Prosperity Group.
ams OSRAM CFO to leave company next year October 10, 2022 Ingo Bank, Chief Financial Officer of ams OSRAM does not plan to extend his contract as member of the Management Board beyond April 2023.
Micro LED chips market poised to grow at staggering rate August 09, 2022 In 2026, the revenue of Micro LED transparent AR smart glasses chips is forecast at approximately USD 38.3 million, with an annual compound growth rate of Micro LED chips from 2023 to 2026 at approximately 704%.
Automotive lighting product market expected to grow by 4% July 25, 2022 TrendForce forecasts that the market value of the global automotive lighting will reach US$32.68 billion in 2022, 4% YoY.
Inventronics to acquire ams Osram digital systems business June 22, 2022 Inventronics has entered into an agreement to acquire the Digital Systems business in Europe and Asia from ams Osram, a global leader in optical solutions.
Global LED package market value reached $17.65 billion in 2021 June 03, 2022 According to TrendForce's latest LED report, as a slowing pandemic drove the recovery of various global economic activities, global LED market value beat market expectations in 2021, reaching USD 17.65 billion, or 15.4% YoY.
LED lighting output value to reach USD 11.1 billion by 2026 April 07, 2022 Demand for high-standard LED products in the lighting market will enter a growth stage, TrendForce reports.
ams OSRAM to sell its AMLS business to Plastic Omnium March 25, 2022 ams OSRAM has entered into an agreement to sell its AMLS (Automotive Lighting Systems GmbH) business to Plastic Omnium for EUR 65 million.
ams OSRAM expands its presence in Penang, Malaysia March 15, 2022 ams OSRAM is expanding its presence in Penang, Malaysia. The company has selected a 60-acre site at Penang International Technology Park (PITP), Batu Kawan for its expansion, the Penang state government announces.
ASM acquires US supplier of RF matching sub-systems March 14, 2022 ASM International announces that it has acquired Reno Sub-Systems Inc. (Reno), a supplier of RF matching sub-systems for semiconductor manufacturing equipment.
ams OSRAM to sell Fluence business to Signify December 21, 2021 ams OSRAM confirms that it has entered into a definitive agreement to sell its Fluence horticulture lighting systems business and brand to Signify for USD 272 million.
Automotive LED market value forecast to reach $3.51 billion December 14, 2021 TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations.
Picosun delivers ALD technology to ams OSRAM August 31, 2021 ams OSRAM has invested in a fully automated PICOSUN Morpher production cluster, which can deposit multiple materials on a batch of wafers even during the same process run.