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Osram and Continental sign contract to form automotive lighting joint venture · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Apr 4, 2018PARTNERSHIPMunich region, Germany, Germany

Osram and Continental sign contract to form automotive lighting joint venture

Osram GmbH and Continental AG completed negotiations to form a 50/50 joint venture for automotive lighting, expected to begin operations in the second half of 2018. The JV will be based near Munich, Germany, with US operations in Hendersonville, Tennessee.

Status

Announced

ProductsLED modules for front and rear headlightslaser moduleslight control units

CompaniesContinental partner OSRAM partner

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“Digitalization is creating new possibilities in automotive lighting applications and, in turn, tremendous opportunities that we want to leverage with Continental.”semiconductor-today.com

1 source
semiconductor-today.comOsram and Continental sign contract to form joint ventureApr 4, 2018

Summarized from public sources; check the original articles before acting on it.

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