5 Defining Moments and Trends in Sensors in 2019

#News(IoTStack) [ via IoTGroup ]

Headings…
5 Defining Moments and Trends in Sensors in 2019

Auto extracted Text……

These events reshaped the MEMS and sensors industry in 2019 and serve as guideposts for 2020.
Microelectromechanical systems (MEMS) and sensors are an essential part of the eetimes.com/designline/internet-of-things-designline/”>IoT phenomenon.
The five most influential events in sensors this year were a long-debated acquisition, the resurfacing of a compute concept that’s set to become the cornerstone of artificial intelligence (AI), the launch of a promising new player by sensor industry veterans, a market-rejuvenating technology based on an effect discovered more than 100 years ago, and a push to think and act “locally.”
1. AMS acquires 59% of Osram shares
After months of negotiations and speculation, Austrian sensor company AMS AG finally acquired enough shares to take over photonics specialist Osram Light AG.
In December, AMS said the acceptance rate in its $5.1 billion (€4.6 billion) takeover offer was 59.3 percent and exceeded the minimum acceptance threshold of 55 percent.
“Our goal is to create a global leader in sensor solutions and photonics, based on European technology,” Amy Flécher, vice president marketing communications for AMS, told EE Times.
Stressing the complementary nature of the two businesses, she added: “Osram is the leader in visible- and invisible-light emitters and aspires to develop IC-design, optics, and optical-packaging capabilities,” while AMS has “IC-design, optics, and optical-packaging capabilities and aspires to add a leadership position in emitters.”
An underlying reason for the takeover bid is that AMS is heavily reliant on a single customer: Apple.
Acquiring Osram expands AMS’s business and diversifies its revenue mix.
In the first half of 2019, AMS’s consumer business accounted for 75% of its total revenue, while the automotive business and the industrial and medical businesses accounted for 10% and 15%, respectively.
The long-term goal is to generate 35% to 40% revenue in both the automotive and consumer businesses and 20% to 30% in the industrial/medical business

Read More..
AutoTextExtraction by Working BoT using SmartNews 1.02976805238 Build 26 Aug 2019