ams Osram microLED exit plan leads to job and cost losses
ams OSRAM announced that a lead-customer had stopped the cornerstone microLED development project, resulting in the current restructuring process (Image: MicroLED-Info)
In total, more than 500 employees at the respective sites combined are to be affected by ams Osram’s move. Though, for 2025, the company expects upon implementation of these decisions to lead to significant improvements of cash flow of more than €100 million.
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