OSRAM Opto Semiconductors Breaks Ground in Penang for the World's Most Advanced LED Chip Factory.New facility to expand global production capacity for company SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- To meet the growing global demands of the burgeoning light-emitting diode market, OSRAM Opto Semiconductors, a world leader in LED technology, broke ground today for what will be the world's most advanced LED chip factory in Penang, Malaysia. The joint ceremony, led by Dr. Rudiger Muller Mul·ler , Hermann Joseph 1890-1967. American geneticist. He won a 1946 Nobel Prize for the study of the hereditary effect of x-rays on genes. Mül·ler , Johannes Peter 1801-1858. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of OSRAM Opto Semiconductors, and Dr. Koh Tsu Koon Tan Sri Dr. Koh Tsu Koon is the third and current Chief Minister of Penang. He was born in Penang in 1949. He was first elected as a State Assemblyman and the in the General Elections of October 1990. , Chief Minister of Penang/Malaysia, marked the beginning of construction for the 30,000 square meters Noun 1. square meter - a centare is 1/100th of an are centare, square metre area unit, square measure - a system of units used to measure areas factory. The new facility is expected to open in the spring of 2009. "We are delighted to continue strengthening the partnership today between OSRAM and Penang, one that has flourished for 30 years. The groundbreaking ceremony today begins a new chapter in our shared success story," Dr. Muller said. "With the construction of the new LED chip factory in Penang, OSRAM is, for the first time, exporting central strategic technology know-how to another market outside of its home country of Germany. Our many years of partnership have meant that we have the utmost trust in the quality, motivation skills of the local workforce and authorities." The factory in Penang will operate, in addition to OSRAM's main plant in Regensburg, Germany, to manufacture LED chips with state-of-the-art nitride nitride Any of a class of chemical compounds in which nitrogen is combined with an element of similar or lower electronegativity, such as boron, silicon, and most metals. Some examples of nitrides include boron nitride, calcium nitride, aluminum nitride, and cyanogen. technology. Additionally, the capacity of the existing LED assembly line in Penang, which began operation in 1972, will be increased by more than 50 percent. This expansion will create more than 800 new jobs in the long term, bringing the total number to more than 3000, which will make OSRAM one of the largest employers in the northern region of Malaysia. The increased production capacity of the new factory in Penang, along with the expansion of the company's LED chip plant in Regensburg, Germany, will reinforce OSRAM Opto Semiconductors' standing as the second largest manufacturer of LEDs in the world, and position it to meet the growing demand for LEDs far into the future. OSRAM employs around 40,000 people worldwide, supplies customers in 150 countries, and has 49 production facilities in 18 countries. About OSRAM Opto Semiconductors OSRAM Opto Semiconductors GmbH of Regensburg is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of OSRAM, one of the world's two leading lighting manufacturers in the world. It offers its customers solutions based on semiconductor technology for lighting, sensor and visualization applications. The company employs more than 3,500 people worldwide and operates sites in Regensburg (Germany), Santa Clara (USA) and Penang (Malaysia). Sales for the fiscal year ending September 2006 totaled more than EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 500 million. For more information, visit www.OSRAM-os.com. |
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