Many businesses are updating their outlook of the year as the global business has been affected by the continuously spreading coronavirus across the world. Osram announced on March 18 the withdrawal of the guidance for its fiscal 2020 as the German photonics company thinks it is unlikely to achieve its corporate targets due to the coronavirus (COVID-19) pandemic. (Image: Pixabay) Osram noted that the unprecedented operational and financial challenges posed by the spread of COVID-19 and the uncertain developments in the coming weeks are leading to economic impact on the...