Bid for OSRAM lighting Linsen: recent results

After bidding Linsen OSRAM lighting in the second quarter of the year was finalized, but our executive general manager Lin Jiliang said, time is deferred, but is expected to further progress in the near future, if successful OSRAM Linsen lighting, is expected to be squeezed into the world's top three LED lighting factory.

Kibayashi Morioshiro is a major index of Jinsha River investment after the rush to buy Lumileds frustrated, announced last November bid for OSRAM part of the lighting business, before and after the second quarter of this year was finalized, but time has entered July, Lin Chi Lian said the case deferred once, when finalized to see "the seller" recently, there should be concrete results.

He also pointed out that, once successfully won the OSRAM Linsen lighting, have the opportunity to become the world's top three LED lighting factory, OSRAM has 80% business in Europe and America to LED patent market, believe that this merger is beneficial to the upstream chip supply chain.

In recent years, Linsen integrated action is quite intensive, in addition to the high development of Xiamen grain proportion of shares, this year also announced the acquisition of Hongkong chaoshidai light source, flag LED filament lamp operation.

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