Chinese Company MLS Has Big Plans For Osram’s Lighting Business

In an exclusive interview with LEDinside, MLS General Manager Lawrence Lin discussed in-depth the company’s ongoing talks with Osram to acquire its lighting business.

If the deal goes smoothly, MLS should be able to complete acquisition talks with Osram by second quarter of 2016, said Lin.

So what will Osram get in exchange by selling its lighting business to MLS? Lin noted MLS could assist Osram in reaching its profitability goals by using its expertise in affordable lighting solutions to help the company slim down production costs. “If you look at Osram’s recent strategies, it mostly has to do with making the company more agile and flexible,” analysed Lin.

You can read the full article here.

16 Dec