Siemens AG said in mid-June that its spin-off listing of OSRAM lighting business will be implemented on July 8. Peter Loescher who is the CEO of Siemens AG and Joe Kaeser Mentioned who is the Chief Financial Officer of Siemens AG mentioned in a note to investors have confirmed the date. It is reported that Siemens will spin off Osram business on July 8 when the shares of Osram Siemens held will be reduced to 17%. The initial public offering (IPO) is 32 million Euros, equivalent to that Siemens AG spins off 80.5% of Osram stake. In last Novemb...

For those who are interested in creative ideas and innovative technology concepts, the “LED – Emotionalize your light” idea contest to be started online this May will offer an exciting opportunity. Via an easy submission procedure, the participants can put their own light design online, and all the participants will have the chance to win valuable prizes amounting to 7000€.