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OSRAM Concludes Settlement With Lextar Electronics

OSRAM Concludes Settlement With Lextar Electronics

Osram protected its property and concluded a settlement with Lextar Electronics in the case of significant irregularities in an LED manufacturing contract. Since 2011, Lextar Electronics has been manufacturing for and supplying to Osram LED products which are based on Osram technology. The products concerned are mainly LEDs for general lighting, which are used in LED tubes for office lighting and backlighting.

Osram discovered that LEDs sold by Lextar in the market appear to be identical to the products Lextar was exclusively manufacturing for and supplying to Osram. Osram took the necessary steps to protect its know-how and, among other measures, concluded a settlement with its Taiwanese contract manufacturer on past irregularities.

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