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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] Samsung Launches World First Micro RGB, Setting New Standard for Premium TV Technology

Samsung Electronics today announced the official launch of its Micro RGB, the world’s first display to feature a micro-scale RGB LED backlight behind a large 115-inch screen. This breakthrough display establishes a new benchmark for colo... READ MORE

[News] ams OSRAM Files Patent Infringement Complaint Against Spider Farmer – Focus on Protecting Horticulture LED Innovations

ams OSRAM, a global leader in intelligent sensor and emitter technologies, has filed a patent infringement complaint in the United States against Spider Farmer, a manufacturer of indoor farming luminaires, and has also taken further action bas... READ MORE

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