2016-01-25

Undeterred by Failed Acquisition of Lumileds, GO Scale Capital Still on the Lookout for LED Investments

GO Scale Capital and Royal Philips announced that the parties have terminated their March 2015 agreement for GO Scale Capital to acquire 80.1% of Royal Philips' LED lighting components and automotive lighting business, Lumileds. After close to one year of best efforts by GO Scale Capital and Royal Philips to obtain approval from the Committee on Foreign Investment in United States (CFIUS), the parties have been unable to resolve CFIUS' unspecified concerns.         
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2015-12-25

Siemens' Unaware of Osram’s LED R&D Plan

In response to partly misleading media reports ‒ most recently in the Mittelbayrische Zeitung under the headline "Siemens knew" ‒ regarding the involvement of Siemens in the planned strategic realignment of Osram AG, Siemens comments as follows:
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2015-11-13

Malaysia’s Growing Importance as a Global LED Production Power House Highlighted by Osram’s Investment

Osram, a global leader of lighting manufacturer based in Germany recently announced an additional investment of EUR 3 billion (US $3.24 billion) by the year 2020, in line of becoming a semiconductor company following the planned disposal of its traditional lamps and light bulbs business.. The additional investments comprised of EUR 1 billion for the construction of a new light emitting diode (LED) chip plant in Kulim, Malaysia. The new plant will be the largest and latest 6-inch LED chip production site worldwide. The balance EUR 2 billion will be invested in research and development (R&D) for the Osram Group globally.
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At IAA Transportation 2026, international automotive supplier FORVIA HELLA is presenting an adaptive interior lighting concept that combines comfort, visual communication and safety-related functions in a seamlessly integrated surface. Intelli... READ MORE

Signify, the world leader in lighting, announces a wide range of Philips Hue innovations designed to make connected lighting more intelligent, immersive and beautifully integrated into the home. Shaped by customer feedback, the latest software... READ MORE