OSRAM May Give Up IoT Lighting Business

AMS CEO Alexander Everke is strongly hinting that OSRAM could abandon most of the businesses under its Digital Group.

This group, which is also referred to as DI, provides lighting solutions for a wide range of applications including IoT, horticulture, entertainment, and architecture.

Earlier, Everke already acknowledged that DI is not a strategic asset, and that AMS as the dominant shareholder will soon make changes to OSRAM’s investment portfolio.