Well they sure can't sell the LED component area to the Chinese, that's for sure.
Perhaps Apple will entertain an offer, they use a ton of LED lighting and Camera Flash in their products already
"LED manufacturers had an especially tough year in 2015"
Complete baloney, 2015 was strong up to the final 2 months.
" why did they wait so long to respond to MSi and withhold the info about the color shifts."
Color shifts take place over long periods of time, Cree would have to obtain samples of that production run and place into long term burn in to confirm color shift and mode of failure before they could respond.
Cree is more than bulbs at HD, the real money is in complete fixtures and lighting solutions for new building construction and retrofits. I doubt Cree wants to participate in a price war for consumer bulbs, once you lower your prices you cannot raise them easily
"Low housing costs in the midwest "
And then there is Silicon Valley where $2K/mo will get you a studio apt if you are lucky
a certain company we all know well from other products is sinking a lot of money into micro-LED's for display lighting
All the LED makers have seen a drop in year end activity i.e, orders not being placed to forecasts. I suspect Cree will be missing 75-100 million in sales.
the 3.5 billion isn't the value of the patents alone, the lumileds spin off has factories worldwide and a large amount of cash flow from the mature segments that don't need that much R&D expense.