2016-08-16

Zumtobel Group Revenue Soars for Fiscal Year 2015/2016, To Invest in Connected Lighting

Outlook: Systematic pursuit of strategic reorientation and restructuring; no concrete forecasts for revenues and earnings For the Zumtobel Group, the 2015/16 financial year was characterized by fundamental strategic reorientation and restructuring. As the technology shift progresses, the Management Board is aiming to align the Group with new and innovative business models. In total, the lighting group generated the highest revenues in its history. Group EBIT, however, was still below expectations in the reporting year.
Continue reading

ams OSRAM, a global leader in intelligent sensor and emitter technologies, has filed a patent infringement complaint in the United States against Spider Farmer, a manufacturer of indoor farming luminaires, and has also taken further action bas... READ MORE

Recently, the world’s largest monolithic LED virtual production volume—jointly developed by Absen and Versatile Media—made a high-profile debut, drawing widespread attention across the industry and beyond. As a global leader ... READ MORE