RF solutions-LEDinside

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2017-10-19

New Cree Guidance Speculated to Exit Consumer Lighting and Emphasize RF Solutions

Cree on October 17 released a webcast reporting its 1Q18 financial results. The next-day financial report showed a decrease of 3% YoY in the LED chip maker’s revenue. Gregg Lowe, Cree CEO, stated with faith that the company will implement new strategies in the next few months. Cree is speculated to invest heavily in its chip business and to exit the consumer lighting market. Its stock jumped 16% on Wednesday after the new CEO announced the new guidance.

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[News] Illinois, Daktronics Install Largest Video Display in College Football

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[News] Greater Safety in The Event of Breakdowns: ams OSRAM Supports Spain's Transition to Connected V16 Lights

Since January 1, 2026, drivers in Spain have been required to carry certified V16 warning lights on expressways and highways, which are directly connected to the traffic authorities when in use. With the LEDguardian ROAD FLARE Signal V16 IoT, ... READ MORE

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