Osram Wuxi LED packaging factory laid the foundation to disclose the plan for listing in early 2013

[High-tech LED reporter Wuxi report]

“Osram will be listed separately from Siemens in early 2013.” On August 8, Osram CEO and Chairman of the Board Wolfgang Dehen told the media at the groundbreaking ceremony of its LED packaging factory in Wuxi, China.

Just over two months ago, on May 25th, OSRAM Opto Semiconductors signed a contract with the Wuxi New District Management Committee to determine its new LED packaging plant in the local area.

The relevant person in charge of Osram said that the back-end factory has a total investment of nearly 250 million euros and will be completed and put into production in the second half of 2013. The main business is LED packaging products.



According to a data given by OSRAM officially, the fast-growing Asian region currently accounts for about 35% of the global total in the general lighting market, and is expected to increase to 45% by 2020. The Chinese market alone has now exceeded 8 billion euros and is expected to double at least by 2020.

According to statistics from the High-tech LED Industry Research Institute (GLII), China has gathered nearly 80% of the world's LED packaging companies, becoming a veritable "world packaging factory." At the same time, device price competition has become increasingly fierce. Data show that in 2011, the price of white LEDs in the domestic market fell by more than 25% from the previous year.

When the reporter asked if the Wuxi factory would benefit the Chinese customers, Osram said it was inconvenient to respond to the price issue. According to industry sources, the average price of Osram products is three times that of domestic companies. For example, 3528, the domestic enterprise price is 0.2 yuan / piece, and the price of Osram is 0.6 yuan / piece.



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