OSRAM Continental Joint Venture Initiates Operations for Advancing Automotive Lighting

OSRAM and Continental have finished the negotiation and approval process and launched OSRAM Continental GmbH joint venture that started to operate from July 2nd 2018. OSRAM Continental plans to employ around 1,500 people worldwide and to move the headquarters from Munich to Garching.

Based on the market growth for LED, laser-based lighting module and solution, as well as associated electronics, OSRAM Continental expects its growth rate to reach double digits annually for the next five years. The joint venture plans to release the first products by 2021.


(Image: Osram; Left: Harald Renner, CFO, OSRAM Continental; Right: Dirk Linzmeier CEO, OSRAM Continental)

The joint venture hopes to combine the advantages from Osram and Continental to develop headlight modules and solutions for tail and interior lighting. OSRAM Continental will push the integration of lighting and intelligent electronics and increase the market penetration of LED technology in all vehicle segments. By producing intelligent lighting functions for vehicles, the company plans to adopt data from navigation system and sensor to develop safety solutions such as projecting warning messages for other drivers.

Harald Renner, CFO and member of the general management of OSRAM Continental GmbH, stated, “By launching our joint venture, we are generating confidence that the market for intelligent automotive lighting will continue to grow and be viable. Furthermore, with our team comprising of management staff and experts from both companies, we will increase the speed of innovation as well as efficiency and integration. I am really looking forward to working with our new colleagues on developing exciting products.”


(Image: Osram)

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.

Highlights: Brightek unveils the EVO iCLed platform for automotive ambient lighting, addressing the latest trends in personalized interior design. With 7000 mcd of brightness, EVO is ideal for smart surface integration or exterior ambient ligh... READ MORE

The OSCONIQ® P 3737 high-power LED achieves industry-leading wall plug efficiency of 83.2 % in Hyper Red, enabling unique output levels and cost savings Vegetable, flower, and other growers benefit from a stable photon flux thanks to the Q... READ MORE