2016-09-06
In the green energy sector, solar, wind, and lithium batteries prices all plummeted, which has disrupted markets and transformed existing market orders, leading to new developments.
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2014-09-17
U.S. LED manufacturer Cree’s stocks dropped to US $41.1 recently, after Goldman Sachs downgraded the stocks from buy to neutral, according to a report by China Post. As Cree’s lighting revenue increases, Taiwanese manufacturers believe Cree’s business focus is turning towards downstream.
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2013-10-03
Lowered LED bulb prices by Cree in 2013 proved effective. The low price policy not only successfully drove sales for LED bulbs but also lead to stock prices doubling for 2013. Goldman Sachs newest report lists four major reasons for its positive outlook on Cree, which include incandescent bulbs exiting the market en masse, rebound in U.S. commercial construction projects, North American green building demands, and Cree’s increasing penetration rate in the Chinese LED market.
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2013-10-02
The supply and demand situation for the LED industry has affected LED prices. Foreign investment firm Goldman Sachs in the most recent global LED industry report pointed out that due to lowered demand expectations from Japanese, Korea, North American and European LED manufacturers, MOVCD equipment volume increase for 2013 has been lowered.
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