2022-11-03

ams OSRAM solid third quarter revenues and operating profitability (adj.) in line with expectations in more demanding market environment; updated mid-term targets, microLED development advancing

Third quarter revenues of EUR 1.21 billion and adj. EBIT margin of 7.5% show quarter-on-quarter revenue growth matching expectation range in more unfavorable market environment Robust operating cash flow of EUR 151 million, group leverage at 1.75x net debt/adj. EBITDA Development and industrialization program for leading smallest structure size microLED technology advancing to plan supported by excellent customer engagement Mid-point of synergy creation period with 70% of expected total synergies and savings created (EUR 245 millio...
Continue reading
Samsung Electronics America today announced a partnership with the Georgia Theatre Company and its channel partner, GDC Technology America, to deliver an enhanced moviegoing experience at Trilith Cinemas in Fayetteville, Georgia. Trilith Cinem... READ MORE
Samsung is bringing Galaxy AI to life on the big screen in some of the world’s most iconic urban spaces through a global 3D video billboard experience. Ahead of Galaxy Unpacked on Feb. 25, Samsung is giving audiences around the world ... READ MORE