With the sale of lamps and lanterns, OSRAM will continue to focus on the high growth market in the future

The board of directors of the OSRAM group recently made a decision to sell its lamps and lanterns. Olaf Berlien, chief executive of OSRAM group, said: "because of a number of measures taken, the financial revenue of the OSRAM professional lighting system department has tended to stabilize. This also enables us to start the business process in an orderly manner, so as to ensure that OSRAM has always focused on high growth potential in the field of application at the strategic level. OSRAM will arrange a discussion with potential buyers. The OSRAM board will also release the latest progress in the strategic plan at the capital market conference in November.

As part of the strategic restructuring plan, OSRAM will continue to focus on the growth market in the high-tech field. In the OSRAM financial reporting system, the performance of the professional lighting system solution (LS) department is calculated in the lighting system solution (LSS) plate. The largest factory in LS is located in Traunreut, Germany, which mainly produces lamps and lanterns for industrial and commercial sites, streets and sports venues.

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).