Osram Settles with its Own Contract Manufacturer
Osram protects its know-how and concludes settlement with Taiwanese contract manufacturer Lextar Electronics
Osram protects its know-how and concludes a settlement with Lextar Electronics in case of significant irregularities in a LED contract manufacturing. Since 2011 Lextar Electronics has been manufacturing for and supplying to Osram LED products which are based on Osram technology. The products concerned are mainly LEDs for general lighting, which are used in LED tubes for office lighting, and backlighting.
Osram discovered that LEDs sold by Lextar in the market appear to be identical to the products Lextar was exclusively manufacturing for and supplying to Osram. The high-tech company took the necessary steps to protect its know how and among other measures concludes a settlement with it’s Taiwanese contract manufacturer on past irregularities.
CONTACT:
Audrey Cheah
Phone: +60 (4) 6318298
E-mail: audrey.cheah@osram-os.com
ABOUT OSRAM
OSRAM, headquartered in Munich, is a leading global high-tech company with a history of over 110 years. The predominantly semiconductor-based products enable a wide range of applications from virtual reality to autonomous driving and from smartphones to networked intelligent lighting solutions in buildings and cities. OSRAM uses the infinite possibilities of light to improve the lives of people and societies. With innovations from OSRAM we will not only see better in the future, but also communicate better, as well as move around, work and live better. At the end of the 2019 fiscal year (to September 30) OSRAM employed around 23,500 people worldwide and in this fiscal year achieved sales of around 3.5 billion euros from continuing operations. The company is listed on the stock exchanges in Frankfurt am Main and Munich under WKN: LED 400 (stock exchange code: OSR). Further information can be found on the Internet at www.osram.de.
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