Apple Drops Osram, Adds Philips LEDs to Top Suppliers List - Energy Watch News


Apple Drops Osram, Adds Philips LEDs to Top Suppliers List

Apple Inc. swapped out Osram Licht AG from a list of its biggest suppliers and added Royal Philips NV, part of a supply chain reshuffle ahead of the release of the iPhone 7. The revision to the catalog of Apple’s top 200 parts providers is a boon to Philips while it searches for a new buyer for its light-emitting-diode unit. It’s also a blow to the Munich-based Osram, which is investing one billion euros ($1.4 billion) in a plant that builds semiconductors used to make LEDs. Osram is meanwhile divesting its traditional lighting business in order to focus on LEDs. http://www.bloomberg.com/news/articles/2016-03-31/apple-drops-osram-adds-philips-leds-to-top-200-supplier-list

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