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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ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE