EQS-News: ams-OSRAM AG: The German federal government and the Free State of Bavaria commit support to ams OSRAM for groundbreaking semiconductor technology

EQS-News: ams-OSRAM AG / Key word(s): Agreement
ams-OSRAM AG: The German federal government and the Free State of Bavaria
commit support to ams OSRAM for groundbreaking semiconductor technology

20.09.2023 / 12:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The German federal government and the Free State of Bavaria commit support
to ams OSRAM for groundbreaking semiconductor technology
 

• The German federal government and the Free State of Bavaria intend to
provide IPCEI funding to drive next-generation optoelectronic
semiconductor technologies from ams OSRAM in Regensburg
• At an event at the German Federal Ministry for Economic Affairs and
Climate Action on September 18, 2023, the company presented its
project launched within the scope of the IPCEI ME/CT (Microelectronics
and Communication Technologies)
• Subject to the final notice of grants, the company expects to receive
more than EUR 300 million in public funding over the next five years
• The subsidies support ams OSRAM’s substantial investments in
future-oriented, highly innovative chip technologies at its Regensburg
location
• The public funding enables the creation of several hundred new
high-tech jobs in Regensburg while supporting the expansion of local
research, development and production

Premstaetten, Austria, and Munich, Germany ( September 20, 2023) — [1]ams
OSRAM (SIX: AMS), a global leader in intelligent sensors and emitters,
received notice of substantial public funding by the German federal
government (i.e. the Federal Ministry for Economic Affairs and Climate
Action) and the Free State of Bavaria. The funding is intended to boost
the further development of semiconductor technology. The envisaged IPCEI
funding (Important Project of Common European Interest) will support ams
OSRAM in making its own investments in the research and development of
innovative optoelectronic components at its Regensburg location.

ams OSRAM is striving to strengthen its development and manufacturing
location in Regensburg for future investments. At an event at the German
Federal Ministry for Economic Affairs and Climate Action on September 18,
2023, the company presented its project launched within the scope of the
IPCEI ME/CT (Microelectronics and Communication Technologies). With the
envisaged public funding, the German Federal Ministry for Economic Affairs
and Climate Action (BMWK) emphasizes that this project is of European
significance – and supports the related investments in cooperation with
the Bavarian Ministry of Economic Affairs, Regional Development and
Energy.

The application for public subsidies of more than EUR 300 million are
subject to the official notice of the grant. The amount will be mainly
invested in activities for the research and development of innovative
optoelectronic semiconductors and their manufacturing processes, thus
creating 400 new high-tech jobs. In addition, ams OSRAM will invest in new
clean room and laboratory facilities for research, development and pilot
production – perfectly equipped for working on various innovative
applications (e.g. UV-C LEDs for disinfection and near-infrared emitters
for LiDAR for autonomous driving), as well as on fields of application in
the context of Industry 4.0. Another special focus will be microLEDs for
use in an all-new type of display. Automation and Artificial Intelligence
(AI) generally play a major role in Regensburg, enabling ams OSRAM to
break new ground at its production facilities. The construction of the
first pilot assembly line for 8” wafer production is currently underway in
order to launch the cost-efficient large-scale production of highly
innovative microLEDs in the very near future.

“By expanding our development activities in the field of optoelectronic
semiconductors, we can create room for innovation and accelerate the time
to market for our products”, emphasizes Aldo Kamper, CEO of ams OSRAM. “At
the same time, our investment is a clear commitment to Regensburg as an
industrial hub, Bavaria as a high-tech location, and Europe as a hotbed of
innovation. High tech light from Regensburg belongs to the city like St.
Peter´s Cathedral and the Old Stone Bridge. Here we create new,
energy-efficient products and production processes to drive digitalization
and thus support the European Green Deal and the autonomy of Europe in the
field of semiconductors. In line with our future-oriented “Re-Establish
the Base” program, we will continue to build on ams OSRAM’s market-leading
core competency and shape the future of the semiconductor market from this
Bavarian city.

Hubert Aiwanger, Bavarian Minister of Economic Affairs, stresses: “ams
OSRAM stands for high tech made in Regensburg. As the Bavarian state
government, we deliberately participate in the financing of this IPCEI
project. This is fully in line with our intention to further expand
Bavaria as a top international location for the semiconductor industry.
Every euro is well invested and will create new jobs in a highly
innovative environment.”

ams OSRAM and Regensburg: writing another chapter in our success story of
innovation

ams OSRAM has already been developing high-quality semiconductors “made in
Regensburg” for 50 years. 2,700 highly qualified employees currently work
at the location. Also, thanks to IPCEI subsidies granted several years
ago, Regensburg is today the most important research and production site
for optoelectronic semiconductors in Europe – and ams OSRAM ranks number
two worldwide in the optoelectronic semiconductor market. In the last few
years, ams OSRAM has continuously expanded its research, development and
production capacities and launched significant optoelectronic
semiconductor innovations on the market. To mention just two of many
success stories: Multi-pixel headlights for vehicles as well as the first
generation of UV-C LEDs for disinfection were launched on the market.
Based on the research projects, ams OSRAM has thus been able to create 500
new jobs in research, development and production by 2022.

 

Further information

Press contact:

Amy Flécher    Hilary McGuinness Fernholz

Phone: +4366488162121  Phone: +4915127670184

[2]amy.flecher@ams-osram.com  [3]hilary.mcguinnessfernholz@ams-osram.com

[4]press@ams-osram.com

[5]ams-osram.com  

 

About ams OSRAM 

 

The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors
and emitters. By adding intelligence to light and passion to innovation,
we enrich people’s lives.

With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the automotive, industrial, media
and consumer markets to maintain their competitive edge. We thereby drive
innovation that sustainably improves the quality of life in terms of
health, safety and convenience, while reducing impact on the environment.

Our around 21,000 employees worldwide focus on innovation across sensing,
illumination and visualization to make driving safer, medical diagnosis
more effective and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and filed. Headquartered in
Premstaetten/Graz (Austria) with co-headquarters in Munich (Germany), the
group achieved over EUR 4.8 billion revenues in 2022 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

 

Find out more about us at [6] https://ams-osram.com.
 

ams is a registered trademark of ams-OSRAM AG. In addition, many of our
products and services are registered or filed trademarks of the ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of the respective owners.

Visit ams OSRAM on the social media: [7]>Twitter  [8]>LinkedIn 
[9]>Facebook  [10]>YouTube

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20.09.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 1730367

 
End of News EQS News Service

1730367  20.09.2023 CET/CEST

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