Source/Type: CompoundSemi Online -- Compound Semiconductor Supply Chain News - Reported News

Last Section of Regensburg Opto-semiconductor Plant Finished, Opened for Business
Author: CompoundSemi News Staff

April 7, 2008... After years of construction and hundreds of millions of Euros in investment, Osram proudly announced the opening of the last section of its Regensburg site on April 4, 2008. Osram boasts that the world's most advanced optical chip factory is ready for business. Osram CEO Martin Goetzeler and Dr. Rüdiger Müller, CEO of Osram Opto Semiconductors, together with Mayor Hans Schaidinger were on-hand at the official opening. "Since the start of construction seven years ago we have invested hundreds of millions of euros. In this period the number of employees has increased by a good 500 to 1500," said Rüdiger Müller. This expansion has boosted capacity by almost 50%. Today, Osram Opto Semiconductors in Regensburg covers an area of more than 55,000m2.

Osram Opto Semiconductors touts itself as a market leader in opto semiconductors, which includes optoelectronics and lighting. The company expects rapid growth especially in lighting industry for the next few years. Osram says that 12 percent of its revenues come from sales of products based upon the company’s lighting technology. Martin Goetzeler added: "LEDs are the light sources of the future so we have every intention of expanding in this field, which is why we have invested heavily in expanding the sites in Regensburg and Penang (Malaysia)." The company also boasted that 13 percent of the sales revenue from of opto semiconductors products was invested in research and development. Company News Release

See the Current Industry News Summary
See this article in its orginal context, with the other current news from the same week