Foreign media reported that Samsung and OSRAM set up a joint venture LED plan abortion

According to South Korean media reported 5, Samsung Electronics (Samsung ELectronics) has been revoked and the German lighting giant OSRAM (OSRAM) LED set up the joint venture, the main operating structure by the global economic recession, OSRAM's influence is too complex.

A Samsung executive said the company had considered a proposal to set up a joint venture with OSRAM, but has stopped negotiations in the early stages of the plan. The official said that Samsung and OSRAM still signed an interactive license contract, so the two sides will maintain a cooperative relationship between each other.

News from the broker and the electronics industry, a private equity fund company suggested that Samsung and OSRAM each of the LED joint venture invested 40% of the amount, the remaining 20% by the fund company. The plan also suggested that OSRAM put cash and assets into the joint venture, while Samsung is investing in the LED assembly in April.

In order to evaluate whether to execute the joint venture projects, Samsung was in early October by a South Korean large accounting firms of OSRAM's financial analysis and review (Due Diligence).