Osram invests €195M to expand opto-semiconductor facility in Wuxi

Osram Opto Semiconductors is investing an additional 1.5 billion yuan (€195 million) in its Wuxi branch to build a new production facility. Construction began on August 8, 2017, and the expansion is expected to create over 2,000 jobs and increase annual revenues by €210 million.

“Construction on a new production facility in Wuxi began on August 8.”chinadaily.com.cn

• 1 source
• chinadaily.com.cnOsram expands presence in Wuxi向文健Aug 11, 2017

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