“Today’s supervisory board decision lays the foundation for our strategic orientation toward growth, innovation and technology leadership,” said Olaf Berlien, CEO of OSRAM Licht AG.
In April, the supervisory board issued a mandate to examine the carve-out of the lamps business. The weeks since then have seen a dialog between employee representatives and management.
The carve-out is a response to the different dynamics and requirements in the lighting market. The lamps market is a volume market in which consistently high quality and cost efficiency are crucial competitive factors.
It differs fundamentally from the technology markets, which are characterized by innovation, tailor-made solutions and sustainable growth. Osram intends to focus on these technology markets in the future through its businesses with opto semiconductors, automotive and specialty lighting as well as luminaires, lighting systems and solutions.