2014-01-22

Cree Reports Financial Results for 2Q14

Cree, a market leader in LED lighting, announced revenue of US$ 415.1 million for its second quarter of fiscal 2014, ended December 29, 2013. This represents a 20 percent increase compared to revenue of US$ 346.3 million reported for the second quarter of fiscal 2013, and a 6 percent increase compared to the first quarter of fiscal 2014. 
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For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE

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