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Cree, Inc. Message Board

  • twr508 twr508 Jan 14, 2013 11:12 AM Flag

    Semileds Reported this morning

    You should listen to its conference call recording at Semileds web site. CEO says China LED streetlight market still improving and LED component price for Semileds would see a typical mid single digit percentage drop in current quarter ending Feb. Its gross margin while terrible but improving q over q, and will see improvement in its Feb quarter. CREE should have a much stronger pricing power than Semileds and therefore CREE's gross margin should hold and/or continue to improve IMO.

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CREE
40.95-0.47(-1.12%)Sep 30 4:00 PMEDT

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