SIEMENS shares do not agree with OSRAM's new business strategy

As OSRAM and LED lighting manufacturers (OSRAM) the major shareholder of the German company SIEMENS (Siemens), before the statement does not agree with OSRAM plans new business strategy, including the sale of lighting business, and increase its investment in the cause of LED, SIEMENS did not clear the individual policy advice, but for holding the value of discontent, also change management strategies of the information is not able to provide them with advice earlier. This is in response to the recent media coverage of SIEMENS's "incorrect recognition of OSRAM's business strategy".

SIEMENS said that as a shareholder of OSRAM, SIEMENS and OSRAM are not satisfied with the recent price developments, since OSRAM's policy change, SIEMENS OSRAM shares from the original value of 940 million euros, 680 million euros to shrink the rest.

SIEMENS's management in November 10, 2015 notice previously received OSRAM of company of policy adjustment, the market and the public know the time is the same, SIEMENS and OSRAM's strategy to change the market surprised.

At present, OSRAM is planning to sell its business lighting pathway, and the right to use the brand, and try to expand the LED wafer production capacity, and betting heavily to the development of LED technology, this strategy has positive and negative reaction in the market, and want to buy OSRAM to release resources to the manufacturers, China several manufacturers attitude the most active position in the subsequent development, OSRAM shares something officially to Siemens, whether successful sale seems to be a sudden turn for the worse, and continue to strengthen the development of OSRAM, whether in the LED business, would make market attention.

SIEMENS is currently an important technology in Europe, the 2015 fiscal year revenue of about $75 billion 600 million, a profit of about 7 billion 400 million euros, about a global workforce of about 348 thousand.

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