ams OSRAM AG, a division of ams AG, has secured significant EU and Austrian government funding for a state-of-the-art semiconductor production facility in Premstätten. The project, part of the European Chips Act, aims to advance next-generation optoelectronic sensor production and enhance Europe's technological autonomy and economic resilience.

The European Commission approved a €227 million state aid measure to support ams Osram in establishing a new advanced wafer manufacturing facility in Premstätten. The project is aimed at enhancing Europe’s semiconductor supply chain resilience, driving technological innovation, and promoting workforce development through commitments like profit-sharing and skills training.

The 2023 Sustainability Report from ams OSRAM documents a comprehensive approach to sustainability, corporate governance, human rights, environmental protection, and responsible supply chain management. The report details robust internal measures including anti-corruption policies, adherence to international standards (GRI, EU Taxonomy, TCFD), non-political engagement, and active measures to promote diversity, employee wellbeing, and sustainable innovation through green tech development. No evidence was found linking the company to authoritarian or fascist-supportive practices. Instead, the report illustrates a strong commitment to transparency, ethical business practices, and societal impact.

AMS released its 2023 Modern Slavery Statement outlining comprehensive policies and processes to prevent modern slavery and human trafficking across its business and supply chain. The statement, approved by the Board and signed by the CEO on 15 June 2023, details rigorous due diligence, supplier engagement protocols, and robust internal training for all employees.

ams AG announced the acquisition of more than 55% of OSRAM shares for €4.6 billion, pledging to protect the rights and interests of OSRAM employees and maintain the strategic routes of the acquired company, while planning to divest OSRAM's digital and lighting business.

AMS AG published its 2023 Sustainability Report detailing its commitment to ethical business practices, robust labor rights and human rights initiatives, and strict supply chain standards through its Supplier Code of Conduct. The report outlines significant progress in diversity, equity, and inclusion (DEI), social mobility, and environmental sustainability measures.

AMS AG and Chinese AI provider Megvii announced a collaboration to develop plug-and-play 3D face recognition solutions for smart devices, targeting applications in smart homes, retail, buildings, and security. The development raises concerns due to Megvii's track record of providing technology to government entities and state-owned firms, potentially enabling repressive surveillance.