Osram to Shift Some Investments to IR LEDs for Iris-Scanning

Osram intends to transfer some of the funds it earmarked for a LED chip fab to making IR LEDs for iris-scanning applications as demands from bankers, smartphone makers and VR systems rise, a source familiar with the matter told Reuters.

The LED giant intends to invest EUR 100 million (US $112 million) in its plant near Regensburg headquarters in Germany, where the company makes chips, said the Reuters source, although no official statement has been made.

Osram declined to comment.

Samsung has been one of the first smartphone manufacturers to adopt iris-scanning technology in its new flagship Galaxy Note 7 smartphones, which it recently recalled over battery fire hazards.

Industry insiders speculate Apple might consider adopting the same technology in their smartphones in future models as well.

It is possible that Osram will be shifting investments from its LED fab in Malaysia to operations elsewhere where a concession to investors that were disappointed when the company announced its billion Euro investment in Asia back in 2015.

On Tuesday, German daily Handelsblatt reported that Osram would use the money set aside for the LED chip factory to make premium products in Regensburg and Wuxi, China.

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.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE