ams OSRAM revealed plans to sell a portion of its business during its first-quarter 2025 earnings call. The company said that it is currently in talks to sell unspecified assets, with the aim of generating more than €500 million ($565 million) in capital to reduce the company’s debt. According to company CFO Rainer Irle, the LED semiconductor and sensor technology developer and manufacturer is currently looking at several options and speaking with potential buyers. Those talks, Irle said, will determine which portion of the business will be sold. “It is clear that if you want to get proceeds north of €500 million that you have to also something that is valuable,” ams OSRAM CEO Aldo Kemper said during the Q1 earnings call. “So in that sense, depending on what direction we finally take, there will be potentially quite some meaningful change to the profile of the group.” Early last year, ams OSRAM said that it was reassessing its micro-LED strategy following the unexpected customer cancellation of a cornerstone project. After the project's cancellation, the company said that it would revisit the future of assets related to its micro-LED strategy, in particular its 8-in. LED facility in Kulim, Malaysia. The company said in its recent earning call that it plans to eliminate the facility. The project cancellation followed additional restructuring stemming from the implementation of the “Re-Establish the Base” strategy, in 2023. The company subsequently exited its non-core portfolio in its semiconductors business and separated from its passive optical components portfolio. ams OSRAM sold the portfolio to Focuslight Technologies last May. ams OSRAM's existing product line includes automotive and horticultural lighting solutions, LED drivers, photodetectors, and edge- and surface-emitting lasers.