2013-08-08

OSRAM to Sell Its Traditional Plant in Shaoxing to Focus on LED Lighting

It is reported that OSRAM agreed to sell its traditional factory located in Shaoxing, China, because Siemens' subsidiary OSRAM achieved poor performance, and lighting equipment department intends to streamline business before it is listed to focus on LED lighting development. Siemens' OSRAM stated in e-mail that ZhuoMing Electronics will acquire this plant specializing in the production of traditional lighting bulbs, and this plant currently has about 2,000 employees. Siemens did not disclose the purchase price. Osram plans to lay off a maximum of ...
Continue reading

Zeekr, the electric vehicle brand under China's Geely Auto Group, recently launched the five-seater model 7X in China after announcing its expansion into Australia and Japan. It targets the mainstream SUV trend, leveraging the group's ... READ MORE

XLamp® XP-L Photo Red S Line LEDs Deliver High Efficiency for Horticulture Applications Revolutionizing Horticulture Lighting with Cree LED Cree LED is committed to delivering innovative lighting solutions for horticulture and agriculture,... READ MORE