OSRAM officially split listed or increase China LED investment

SIEMENS will officially split today's subsidiary OSRAM (OSRAM) listed in germany. Analysts believe that OSRAM will be able to obtain a more adequate funding, and a more flexible organizational structure, to seize the opportunity of the rapid spread of global LED lighting. OSRAM is expected to increase efforts to expand the Chinese market LED lighting market.

OSRAM, one of the world's leading lighting companies, was originally a wholly owned subsidiary of SIEMENS. 2012 in November, SIEMENS plans to spin off 80.5% stake in OSRAM, and then OSRAM independent listing. According to the spin off plan, the existing SIEMENS shareholders in the hands of each 10 shares will receive 1 shares of OSRAM stock. After the spin off, SIEMENS will hold 17% stake in OSRAM, SIEMENS pension trust will hold a stake of 2.5%.

January 2013, SIEMENS annual general meeting of shareholders to 98% of the proportion of OSRAM spin off listing program.

SIEMENS estimates that by 2016, LED lighting will account for 45% of the global lighting market share, the size of the income of about $99 billion in 2020 before the share will rise to 66%, the size of the income of about $113 billion.

LED chip industry is' burn'. A OSRAM in China's backbone to the newspaper, said OSRAM has been discussing the issue of 35 years, and now finally spin off listing is conducive to increase investment in OSRAM, to consolidate the status of the industry.

From the sales revenue, OSRAM is second only to PHILPS, ranking second in the global LED lighting industry. In fact, OSRAM in recent years, China's LED layout has accelerated. OSRAM said at the central level, OSRAM's LED packaging plant in Wuxi plans to put into operation in October this year, in Shenzhen has also set up a LED R & D center; Foshan factory LED lighting terminal products are also up.

After the OSRAM spin off, several major international lighting giant competition in China will be more intense, China's domestic LED chip companies will increase pressure. PHILPS, OSRAM, CREE and other global LED chip giants, want to expand the site, the application market has become the focus of contention. OSRAM will also strengthen the channel expansion in China's LED lighting market. "

Foreign reports said, after the stock split OSRAM, SIEMENS may decline in value, some institutional investors will be forced to sell immediately lead to SIEMENS is facing considerable selling pressure".

After the split, once OSRAM will cake bigger, despite the reduction in the proportion of SIEMENS stake, will benefit from it. Moreover, SIEMENS also returned a large amount of money. Last year, SIEMENS is ready, and now the capital market for the better, at this time split financing opportunities better".