According to Xiaojuan Shi, technology industry analyst from Morgan Stanley Securities, Osram announced that it will re-focus on LED solid-state lighting in order to achieve long-term goals of smart lighting. OSRAM's outsourcing order is expected to increase; Epistar, Everlight and Lextar are expected to share the business opportunity. OSRAM spun off from Siemens of Germany, and issue Initial Public Offering (IPO) on the 8th at Frankfurt stock market. Xiaojuan Shi said that Osram holds several patents, it originally focused on the special lighting pro...