Osram Continental Form Automotive Lighting JV

Posted on: May 26, 2018, by :

The OsramContinentalJV aims to combine Continentals and Osrams respective expertise in lighting, light control and electronics, the companies say in a joint news release. The product portfolio will feature semiconductor-based lighting modules such as LED modules for front and rear headlights, laser modules and light control units.

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By joining forces, we will be in an even better position to drive innovations by working closely with the automotive industry, seamlessly integrating lighting, sensor technology and electronics in a single application, says Hans-Joachim Schwabe, CEO of Osrams Specialty Lighting division. This will allow us to advance new intelligent light functions, such as the combination of lighting and sensor technology in a module or light-based communication between the driver, other road users and the vehicles surroundings.

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Adds Andreas Wolf, head of Continentals Body & Security business unit, The joint venture puts us in a unique position to drive technological change in the automotive lighting market and to develop intelligent lighting solutions by combining our expertise in software and electronics with Osrams automotive lighting expertise.

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JVs product portfolio will feature semiconductor-based lighting modules such as LED modules for front and rear headlights, laser modules and light control units.

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The JV will be based in the Munich, Germany, area but will operate globally to ensure rapid development cycles with customers in their local areas. OsramContinentals U.S. operations will be based in Hendersonville, TN.

Technology companiesOsramandContinentalcomplete negotiations on their 50-50 joint venture, which is expected to begin operations in second-half 2018.

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