Hot Picks of the Week Aug. 25-29-LEDinside

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2014-08-29

Hot Picks of the Week Aug. 25-29

Cree and Lextar’s investment agreement has caught the industry’s attention this week. Cree will become Lextar’s second largest shareholder after investing US $83 million to acquire 13% stake in the company. The U.S. manufacturer is most likely seeking a long-term economic LED chip supplier to retain a competitive edge in the market, according to LEDinside’s Research Director Roger Chu.

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