After preliminary assessment, ams Osram expects to record a non-cash impairment loss of 600-900 million euros on Micro LED-related assets and reputation in the first quarter of 2024. ams is currently in discussions with relevant customers. font-size: 1.125rem;
line-height: 2.25rem; max-width: 100%; min-width: 100%; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei", "Helvetica Neue", Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; text-indent: 0px;'>This means that the capitalization of ams Osram's Micro LED R&D investment will change, and its subsidies from public fund plans will also be reduced, which will have an impact on ams Osram's 2024 financial results.
The annual operating profitability (adjusted EBIT) will have an impact, with an estimated impact range of 30-50 million euros. It is understood that before Osram was acquired by AMS, Micro LED had already entered Osram's future planning, and it was believed that Mini LED, a transition technology for Micro LED, existed. Osram was acquired by AMS in 2020. After the acquisition, Osram has been continuously evaluating and reshaping the business units and product lineup when it acquired Osram. So far AMS Osram has given up many of its original businesses. However, at that time, based on its optimism about the prospects of Micro LED, ams
Osram invested nearly US$1 billion to expand its manufacturing plant in Kulim, Malaysia. The Kulim factory in Malaysia is currently an advanced factory for the production of Micro LED. Its eight-inch wafer production line can make the production of Micro LED more economical, because a larger wafer area can produce more Micro LED chips per piece. ams Osram has no public timetable for the production of Micro LED, but based on many news, the production of Micro LED at the Kulim factory in Malaysia will start in 2024, and the output will increase significantly by then.
ANNA