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

SEOUL, South Korea--Seoul Semiconductor (KOSDAQ: 046890), a global leader in optical semiconductors, introduces natural light technology (sunlight) and displays as the new paradigm in lighting. The company announced on the 27th that it will pa... READ MORE

ams OSRAM (SIX: AMS) has reached another important milestone in automotive lighting now that the new OSRAM XLS LR6 LED is ready for series production. This innovative solution enables car manufacturers to create impressive lighting designs wit... READ MORE