SIEMENS's Osram exit OLED monitor market focus on lighting applications

The German company OSRAM (OSRAM) will cease production of OLED display, and close related factories in Malaysia, penang. The future of the company will focus on OLED based lighting solutions.

This subsidiary of SIEMENS will be based on the end of the year before the withdrawal of OLED passive matrix LED display production. But its OLED activities will focus on the development of ready to market lighting solutions. After all, we are a company engaged in lighting products. OSRAM spokesman explained. "We are not expecting the market for OLED monitors. "

Since 2003, OSRAM has produced "Pictiva" brand passive matrix displays that have been used in a wide range of communications, industrial and mobile communications. But demand has been less than the expected level of OSRAM.

The company will have 270 employees transferred to other Osram business Semiconductors, including its new LED chip factory in penang.

Two weeks ago, OSRAM in Penang's new LED factory built, will create about 800 jobs. In addition, the company also announced that it will increase its production capacity in the area of 50%. The new factory has invested tens of millions of euros.

New plant plans to increase production capacity in the first quarter of 2009. According to the spokesman, OSRAM also plans to increase its production capacity in Regensburg, germany.

Source: International Electronic Business