Ma Lan: full support for OSRAM LED chip expansion project

In the well-known German giant OSRAM (OSRAM) decided to sell its traditional lighting and lighting business, the company in the days before and after the earnings announcement, announced in 2020 before the investment of about 3 billion euros (20 billion 493 million yuan), working toward a more perfect optoelectronics and semiconductor company. The investment of 1 billion euros (6 billion 831 million yuan) will be used in the building is located in the north of Malaysia (Kulim) opened a new LED chip plant. The new plant will become the world's largest and most recent 6 inch LED chip production base. The 2 billion euros ($13 billion 662 million) will be used for OSRAM's global research and development.

Malaysia investment and development bureau chief executive said that the government will fully support OSRAM's expansion plans in its domestic, but also look forward to creating more job opportunities in the future. (source: Malaysia Investment Development Authority)

With the rise of green technology and energy conservation, the LED industry is one of the major industries that Malaysia continues to drive, and the country has gradually become the hub of LED manufacturers. The development and production of LED related industries in Malaysia include LED wafer fabrication, lighting products and lighting solutions, such as LED, backlight and display applications.

Malaysia Investment Development Authority (Malaysian Investment Development Authority, hereinafter referred to as MIDA) CEO Azman (Dato Azman Mahmud) said: "OSRAM settled from the free trade area six times from 1970s (Bayan Lepas Free Trade Zone), we would like to see this is a extension of OSRAM. The expansion plan will not only create jobs, but also strengthen the value chain of other local LED vendors. In addition, this expansion will make Malaysia's LED industry ecosystem more complete, enhance the country's high-tech production efficiency plan.

Azman said: OSRAM may choose to take office in the world to expand the country, but in the past few years, OSRAM chose to continue to cultivate Malaysia, but also reflects the confidence of the factory's investment in Malaysia. For Malaysia, as a better partner for the private sector, we will continue to work hard to attract more foreign investment and create more jobs. At the same time, favored by manufacturers also provide appropriate strategic value on behalf of Malaysia, so that manufacturers profit growth here. MIDA will fully support OSRAM to ensure that the company successfully completed the expansion, while maintaining the operation of its existing plant. We are pleased to see the expansion of OSRAM's plans, but also look forward to seeing these growth will have a positive impact on Malaysia. "

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