2018-08-15

Cree Announces Financial Results for Its Fiscal Year 2018

Cree has reported a revenue of US$409 million for its fourth quarter of fiscal 2018, ended June 24, 2018 with an increase of 14% YoY and 15% QoQ. The revenue for the whole fiscal year was US$ 1.49 billion, which represents a 1% increase YoY. 
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Precision and reliability are becoming increasingly critical in modern vehicle systems, especially as the automotive industry accelerates toward the electrification of mobility. Electric vehicles are generally heavier than combustion engine ve... READ MORE

Everlight Electronics Co., Ltd. (hereinafter “Everlight”) filed a patent infringement lawsuit against Seoul Semiconductor Co., Ltd. (hereinafter “SSC”) in the United States District Court for the Eastern District of Texas ... READ MORE