For those of you involved in the burgeoning product and
systems design areas involving the use of LEDs, Siemens announced some big news
at Hannover Fair. The company says that it plans to publicly list Osram GmbH in
the fall of 2011. The company is currently a subsidiary of Siemens.
Siemens will retain a minority stake in Osram.
"With the IPO, we want to give Osram complete
entrepreneurial freedom to comprehensively further develop its leading competitive
position in a lighting market being swept by technological changes," said Siemens
President and CEO Peter Loescher.
Siemens also clearly wants to participate in future growth
in the market for new lighting technologies.
Twenty percent of Osram's total revenues are currently derived
from its LED products. Overall,
energy-efficient products account for 70 percent of Osram revenue. Green lighting in general and LED in
particular are expected to skyrocket in use as prices come down for these
can read more about LEDs increased use by designers here).
Driven by semiconductor-based technologies like LEDs and
organic LEDs, the total lighting market is expected to grow to around 65
billion Euros by 2016 -- an increase of 20 billion Euros from today.
With regard to personnel changes around the IPO, Wolfgang
Dehen, currently member of Siemens' managing board and CEO of the Energy
Sector, has been appointed to head the Osram Executive Board for the IPO. Following the transformation of Osram GmbH
into a publicly listed company, he will serve as its president and CEO.
Martin Goetzeler has resigned his position as CEO of the executive
board of Osram GmbH and has been appointed COO of Osram. He will continue to
perform this function as a member of the Osram managing board after the
establishment of Osram AG.
What makes this movie stand out from the typical high school sports story is that the teenagers are undocumented immigrants, and the big game is a NASA-sponsored marine robotics competition. Like many other Hollywood movies, however, Spare Parts only tells part of the story. What the film shows -- and doesn’t show -- raises important issues affecting STEM education in the US.
Instead of sifting through huge amounts of technical data looking for answers to assembly problems, engineers can now benefit from 3M's new initiative -- 3M Assembly Solutions. The company has organized its wealth of adhesive and tape solutions into six typical application areas, making it easier to find the best products to solve their real-world assembly and bonding problems.
Load dump occurs when a discharged battery is disconnected while the alternator is generating current and other loads remain on the alternator circuit. If left alone, the electrical spikes and transients will be transmitted along the power line, leading to malfunctions in individual electronics/sensors or permanent damage to the vehicle’s electronic system. Bottom line: An uncontrolled load dump threatens the overall safety and reliability of the vehicle.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.