Cree has sold off its profitable GaN driver and RF business to Infineon for $850 million, so it can focus on its LED business, said the company. The Asian Development Bank announced it will be financing about US $50 million in Malaysian state Melaka smart LED streetlight project, which involves retrofitting 100,000 streetlights. LEDinside also had the chance to speak to Lawrence Lin, General Manager of MLS or Forest Lighting, about the company’s strategic distribution partnership with YACG in Taiwan, and its current LED package strategies.