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Political uncertainties shape business development.
February 11, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
OSRAM reported its first quarter 2019 results. Unfavorable developments in the automotive industry, especially in China, as well as within the mobile devices sector impacted Osram in the first quarter of fiscal 2019. “There was an increased headwind from our markets in the past quarter. In particular, the automotive cycle has deteriorated significantly. But demand has also declined in the mobile devices and general lighting sectors,” said Olaf Berlien, CEO of OSRAM Licht AG. “We have taken a...
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