2024-07-27

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range

ams OSRAM delivers solid revenues in Q2 and continues turn-around with profitability at the upper end of the guided range Q2/24: revenues EUR 819m, adj. EBIT EUR 56m (6.8%), adj. EBITDA EUR 135m (16.5%) Q3/24: expected third quarter revenues of EUR 830 to 930m and adj. EBITDA margin of 17% to 20% H2/24: significantly improved free cash flow due to lower capex and higher profitability Implementation of Re-establish-the-Base program progressing well, approx. EUR 60m savings realized to date Design-win momentum for long-term struc...
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Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Georgia against NanoLumens, Inc. The lawsuit asserts that Nano... READ MORE

WG Tech recently held an in-depth online discussion with Dr. Adi Abileah, former Chief Scientist at Planar Systems and a SID Fellow, to exchange insights on glass substrate based MiniLED technology innovation. Dr. Abileah, a globally respected... READ MORE