OSRAM adds capital to build Wuxi base two phase project, build photoelectricity semiconductor to produce a base

In April 19th, the Jiangsu Provincial Committee, Wuxi municipal Party Secretary Li Xiaomin met with OSRAM Opto Semiconductors global chief operating officer Gascha Oltmans, and attended the OSRAM factory in Wuxi two project signing ceremony. Vice mayor Gao Yaguang took part in the event.

Li Xiaomin expressed his gratitude to OSRAM for its contribution to the economic development of Wuxi, congratulated the signing of the project, and briefly introduced the economic and social development of Wuxi. He said that OSRAM is one of the world's most innovative lighting companies, one of the world's two major light source manufacturers. After years of development, OSRAM Wuxi base project has maintained a good momentum of development and become a model of economic and trade exchanges and cooperation between Wuxi and germany. The early implementation of the two base in Wuxi capital expansion project, reflecting OSRAM's highly recognized Wuxi development performance, highly recognized for the development environment in Wuxi. We hope that OSRAM will start the two phase of the project as soon as possible so as to expand the scale and strength of the Wuxi company and make Wuxi a first-class semiconductor manufacturing base in China and even in asia. Wuxi will provide quality services and a favorable environment for the implementation of the project.

Li Xiaomin said, "13th Five-Year" period, Wuxi's goal is a high level of building a well-off society, one of the connotation of high level of industrial development towards high-end, so Wuxi will accelerate the construction of the modern industrial development system, to create new heights with international influence, the domestic first-class modern industrial development. To achieve this goal, Wuxi will comprehensively expand its opening to the outside world, actively seek cooperation with high-level transnational corporations, raise its industrial development level in the process of opening wider to the outside world, and expand the entity economy in the process of accelerating transformation and upgrading. OSRAM's leading industries are in line with the direction of Wuxi's industrial development. The smooth implementation of the two phase of the project will help to enhance the R & D, production and service levels of Wuxi's LED and optoelectronic semiconductor industry. We attach great importance to the cooperation with OSRAM and look forward to deepening cooperation and expanding fruitful cooperation through the sincere cooperation between the two sides.

Oltmans thanked the Wuxi municipal Party committee and the municipal government for their support for OSRAM's development in tin. He said, OSRAM Wuxi base phase project is OSRAM's first LED packaging base in China, the development is very successful, which can not be separated from Wuxi, high-tech zones strong support. The smooth implementation of the first phase of the project has deepened mutual trust, which is also the reason why OSRAM implemented the two phase of the capital increase and expansion project in Wuxi base in advance. I believe that with the implementation of the two phase of the project, OSRAM Wuxi company will usher in better opportunities for development, and better build a world-class semiconductor production base of light and electricity. We hope that with the joint efforts of both sides, we will achieve the goal of starting construction in August and putting production into production in early 2019.

OSRAM, headquartered in Munich, Germany, is the world's leading lighting manufacturer with a history of about a century, and has been in China for over 20 years. The expansion aims to expand the production capacity of the existing Wuxi LED plant at the end of the process. It is reported that the capital expansion project plans to introduce new highly automated production line, the new 22000 square meters of clean workshop, new packaging and testing equipment investment of 195 million euros, the new sales income of 210 million euros, more than 2000 new jobs.

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