2017-11-02

Lumentum Predicts Significant Growth in 3D Sensing

Apple supplier Lumentum on Wednesday reported financial results for its fiscal 1Q18 ended September 30. Revenue from its 3D sensing business made a massive ramp in the company’s overall performance.
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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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2017-10-18

Cree Reports Financial Results for the First Quarter of Fiscal Year 2018

Cree yesterday announced financial results for its first quarter of fiscal 2018, ended September 24, 2017. Revenue for the first quarter of fiscal 2018 was $360 million, which represents a 3% decrease compared to revenue of $371 million for the first quarter of fiscal 2017 and a slight increase compared to the fourth quarter of fiscal 2017. 
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2017-10-16

Cree, Inc. Announces 2018 First Quarter Earnings Release Webcast

Cree, Inc. Announces 2018 First Quarter Earnings Release Webcast
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 “As the demands on our customer’s fixtures become more challenging, we need to ensure our Color portfolio enables them to meet these demands. This increase in flux across several key colors will give our customers a significa... READ MORE

Samsung Electronics announced a new family of chip-on-board LED lighting packages, labeled the “Samsung D-series Special Color.” 

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