Osram May Set up First China LED Plant

Reportedly, Siemens AG (SIE) is drafting plans for its lighting subsidiary Osram’s first production plant for LED in China.

Osram has given the go-ahead for the project and is negotiating which parts of LEDs and related components it will produce in the country, according to someone who declined to be named as the plans haven’t yet been finalized.

Currently, Osram only has production sites for the semiconductor-based technology in Regensburg, Germany, and Penang, Malaysia. So the facility would fill a gap for Osram in China, the world’s largest lighting market at 8 billion euros ($10.6 billion). The company said that it appointed Samuel Wu, a Chinese native who last ran Honeywell International Inc. (HON)’s process solutions business in China, to oversee operations in Asia.

So far, Osram employs about 8,000 people in China, including at an assembly plant for retrofit bulbs using LEDs in Shaoxing, China. It predicts the Chinese lighting market will more than double by 2020. And the scheduled China LED Plant may help it consolidate industry status.
 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

New XLamp XFL LEDs are fully specified and optimized for flashlights and other portable lighting applications  Cree LED has just launched the new XLamp® XFL LED family, comprised of three LEDs designed for maximum performance in flash... READ MORE

New XLamp® Horticulture LEDs reduce height between lighting and plants to provide more uniform lighting and lower costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high effica... READ MORE