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Osram to Close Light Bulb Factory in Indonesia

Ngày đăng: 10/9/2013 .

MAIN FACTS:

- Osram will shut down the site, which manufactures mainly traditional incandescent lamps, latest at the end of December.

- The move is part of the company's reorganization program initiated in 2012, which targets cumulative gross savings of about 1 billion euros ($1.31 billion) by 2015.

- The regulatory framework coupled with the technological change underway in the lighting industry means that the traditional incandescent lamp is disappearing from the market in more and more regions around the globe.

- Not least because of this, Tangerang recently recorded declining production volumes, while costs were rising.

- Osram is building up capacities in the area of light-emitting diodes and invests over EUR100 million euros in a new assembly plant in the Chinese city of Wuxi.



Read more: http://www.foxbusiness.com/news/2013/05/08/osram-to-close-light-bulb-factory-in-indonesia/#ixzz2TG8tVoG0
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