“With the targeted sale of our non-optical sensors business for automotive, industrial, and medical applications to Infineon for €570 million in cash, we are killing two birds with one stone: accelerating the deleveraging of our balance sheet and, at the same time, creating an attractive, specialized strategy: the leader in digital photonics. We are becoming the powerhouse of photonics, offering the broadest range of next-generation semiconductor emission and sensing platforms, uniquely positioned to capture major inflection points in digital photonics across the automotive, augmented reality smart glasses, biosensors, home and industrial robotics, AI data center optical interconnects, and even potentially visionary applications such as laser fusion,” said Aldo Kamper, CEO of ams OSRAM.

The company has signed an agreement to sell its non-optical analog and mixed-signal sensor business, focused on automotive, industrial, and medical applications, to Infineon for €570 million. The business to be sold generated approximately €220 million in annual revenue and €60 million in adjusted EBITDA in 2025. The transaction includes related business assets and intellectual property, and around 230 employees across four main sites will transfer to the buyer. Production facilities are not part of the transaction; instead, the company will provide manufacturing services to Infineon for a period of several years. Only customary regulatory approvals are required, and the transaction is expected to close in the second quarter of 2026.

Following the closure, ams OSRAM will become a powerhouse focused on semiconductor photonics.
The company brings together the industry's broadest portfolio of cutting-edge optical sensor and emitter technologies, complemented by advanced controller and power management integrated circuit capabilities. In many segments, customers benefit from geopolitically resilient and vertically integrated supply chains.

Following a transition phase to align the organization, infrastructure, and cost base with this new approach, the company anticipates significant medium- to long-term growth opportunities driven by the global megatrend of digital photonics.
To capitalize on this momentum, ams OSRAM will intensify investments in key growth vectors: high-pixelation EVIYOST™ front illumination solutions
, microemitter projection arrays for AR smart glasses, and large-scale optical interconnects for AI data centers. In the sensor sector, investment priorities include spectral sensing, biodetection, and multi-zone time-of-flight distance sensing, particularly for robotics.

In parallel, the company will expand its CMOS capabilities in two strategic areas: expanding its portfolio of emitter control and power management integrated circuits and expanding its 200 mm mixed-signal foundry in Premstaetten to meet the growing global demand for these technologies.

Digital photonics drives future growth.
Digital photonics is the primary driver of our future growth: the digitization of light emission and optical sensing through the combination of emitters, sensors, and advanced electronic components. This technology enhances how physical environments interact with light, enabling dynamic lighting, light-based design, projection as a screen, light-based sensing, materials treatment, directed energy, and high-speed data communication.

These capabilities underpin major global megatrends, such as ADAS, autonomous driving, AR/VR, AI, robotics, smart healthcare, and smart devices.
The "Digital Light" technology, patented by ams OSRAM and winner of the German Future Award in 2024, represented a major breakthrough after a decade of development. Its first commercial application was through high-pixel automotive headlights under the EVIYOS™ brand. With over €500 million in designs already secured, this technology has a clear growth trajectory. As pixel size decreases and the color gamut expands, "Digital Light" is becoming an attractive projection engine for everyday AR glasses.

Looking ahead, optimized microemitter arrays could make it a leading solution for high-bandwidth, low-power, and low-cost optical interconnects in AI data centers. Therefore, Digital Light offers significant growth potential in the medium and long term.
ams OSRAM has also consolidated a leading position in digitized optical sensors, which already generates hundreds of millions of euros in revenue. Its broad portfolio, encompassing ambient light, proximity, flicker, time-of-flight, biological, spectral, ultraviolet (UV), infrared (IR), temperature, and touch force sensors, sets industry benchmarks for display management, camera enhancement, and numerous related applications.

This business offers significant medium- and long-term growth opportunities.
The company's unique expertise in optical sensors was recognized again in 2024 when the Austrian government awarded €215 million under the European Chip Act to establish a one-of-a-kind manufacturing facility combining CMOS, TSV (Through-Silicon-Via), and advanced optical filters.

Traditional Automotive Lamps Business to Fund Semiconductor Growth and Internal Financing.
The traditional automotive and aftermarket lamps business will remain part of the Group's portfolio. This segment aims to maintain stable revenues and optimize profitability, with adjusted EBITDA typically ranging between 13% and 15% annually. Generating stable annual cash flow of around €90 million, it serves as a reliable source of internal financing, supporting the transition and growth of the semiconductor business, while also contributing to debt service and further deleveraging.