# 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.

- Type: Expansion
- Announced: 2017-08-11
- Where: Wuxi, Jiangsu, China
- Value: $229.0M (195.0M EUR)
- Jobs: 2,000
- Status: under construction
- Capacity: 1 billion opto-semiconductor components per year (existing)
- Products: opto-semiconductor components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Osram Opto Semiconductors](https://endata.com/companies/16521.md)
- [OSRAM](https://endata.com/companies/16573.md) (partner)

## Sources

- [chinadaily.com.cn](https://www.chinadaily.com.cn/m/jiangsu/wuxinewdistrict/2017-08/11/content_30455386.htm), 2017-08-11: "Construction on a new production facility in Wuxi began on August 8."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.