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Group will exit non-core semiconductor businesses with revenue run-rate of €300 million to €400 million.
August 2, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM presented a strategic re-alignment of the group while reporting second quarter financial results in line with the company’s expectation range. The company is re-focusing its semiconductor portfolio on its profitable core in differentiated, intelligent sensor and emitter components. The non-core and lower performing portfolio with revenues of around €300 million to €400 million – including amongst others – passive Optical Components, will be exited. The automotive and ...
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