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Osram's CEO clashes with Siemens over LED strategy
2016-02-16 17:35:21| Telecom - Topix.net
Osram dismayed many of its investors in November by announcing a billion-euro investment in a new LED semiconductor plant in Malaysia, sending its shares plunging by up to 30 percent. The move is seen as risky by analysts who fear Osram will expose itself unnecessarily to the commoditised market for lighting for streets and homes, where competition with Chinese competitors is likely to be tough.
Tags: led
strategy
siemens
ceo
Category:Telecommunications