2019-06-13

Cree Adjusts Financial Guidance for Fiscal 4Q19 as US blacklists Huawei

Cree announced an update to its financial guidance for the fourth quarter of fiscal 2019. The company modified its revenue forecast of fiscal 4Q19 to the range of US$245 million to 252 million from prior US$263 million to 271 million as the U.S. government put Huawei on a trade blacklist. Cree said the update of financial guidance is in response to the decision on May 15, 2019, by the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce to add Huawei Technologies and 68 of its affiliates to the “Entity List” maintained by the U.S...
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Tokushima, Japan – 17 June 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the addition of the Direct Mountable Chip Series (Part Number: NVSWE21A-V1) to the portfol... READ MORE

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE