Following the horticultural lighting manufacturer Fluence, ams OSRAM has divested another lighting business this year.
Car lighting company AMLS sold for 65 million euros
On March 25, ams OSRAM announced that it plans to sell German Automotive Lighting Systems GmbH (AMLS, Automo-tive Lighting Systems GmbH) to French auto parts supplier Plastic for 65 million euros (equivalent to approximately RMB 454 million). Omnium), the parties have reached an agreement and the transaction is expected to close in the third quarter of this year, subject to customary closing conditions.
According to reports, ams OSRAM established the German automotive lighting system company AMLS on October 1, 2021 after dissolving the joint venture between OSRAM and Continental (OSRAM Continental). Headquartered in Munich, Germany, AMLS has approximately 770 employees in 9 locations around the world, including 120 engineers working in 5 professional R&D centers. AMLS is committed to integrating lighting technology with electronic devices and software to develop intelligent and innovative complete lighting system solutions for the automotive industry. In 2021, AMLS will achieve revenue of 148 million euros.
PIO is a Tier-1 automotive supplier, headquartered in France, with 30,000 employees, and its annual revenue in 2021 will reach 8 billion euros. In the 2021 Top 100 Global Auto Parts Suppliers list released by Automotive News in 2021, PIO ranked 25th.
Through the acquisition of AMLS, PIO will further open up the automotive lighting market with huge growth potential to meet the growing demand of OEM customers for smart auto parts, and will also have the opportunity to enter new market segments.
It is worth noting that after the divestiture of AMLS, ams OSRAM will continue to supply automotive LED and optical components to PIO. The automotive lighting business sold this time also does not include other technologies and products that ams OSRAM supplies to automotive OME manufacturers and the automotive aftermarket.
ams OSRAM said that as a leader in automotive optical solutions, the group will continue to focus on the field of automotive optical components, providing automotive components (covering the entire spectral range from visible light to invisible light) and automotive sensing applications including automotive lighting. Innovative component products. These specific applications include drives, interior monitoring systems, dynamic and static exterior lighting, RGB interior lighting, LiDAR for autonomous driving and ADAS, HUDs (head-up displays), gesture sensing, and more.
Based on the component market, fully develop the automotive application market
The divestment of the automotive lighting system business is another move by ams OSRAM to transform itself into a world-leading optical solutions provider. In the future, ams OSRAM will continue to divest non-strategic assets. At the same time, ams OSRAM also emphasized that it will continue to focus on the field of automotive components in the future, which not only conforms to its development strategy, but also reflects the huge development potential of the automotive LED market to a certain extent.
According to the latest data from TrendForce's "2020-2021 Global Automotive LED Product Trend and Regional Market Analysis", with the increase in automotive market shipments and LED lighting penetration, the global automotive LED market output value in 2021 will reach 3.39 billion US dollar, an annual growth rate of 27.4%.
In the 2021 global automotive LED manufacturer revenue ranking, ams OSRAM continues to win the championship, with a market share of nearly 40%. By continuously concentrating superior resources and strengthening strong technologies, ams OSRAM is expected to leverage its technology accumulation in the automotive market and its extensive customer base to further consolidate its leading position in the automotive LED market.
In addition to automotive LEDs and optical components, ams OSRAM has also quickly grasped the advanced application markets in the automotive field, including infrared sensing and automotive LiDAR. According to its vision and plan, ams OSRAM will fully combine opto-semiconductor technology and sensing technology to enhance global market influence in opto-semiconductor fields such as automobiles.
