In November 2015, Osram Opto Semiconductors (Osram Opto) announced general lighting will be an integral part of its long term strategic development plan, and that it would be investing EUR 1 billion (US$1.14 billion) in Malaysia to construct a 6-inch LED production site. The news surprised the entire LED industry. Recently, Osram Opto hosted a series of innovative SSL technology forums to unveil its new product line across Asia.