Predicted Consolidation in LED Industry by CEO of Cree's Parent Company

Thursday, 11 July 2024, 17:46

The CEO of Cree's parent company discusses the potential consolidation in the LED industry, hinting at strategic market moves. Speculation arises around the fate of venerable chip maker Cree under owner SGH. The post delves into the possibilities of SGH either selling Cree or seeking to acquire new entities to enhance its position in the market.

Ledsmagazine — Predicted Consolidation in LED Industry by CEO of Cree's Parent Company

Cree's Future under SGH Ownership

The LED industry may witness consolidation as hinted by the CEO of Cree's parent company. Will SGH Sell Cree? Or is an acquisition on the horizon?

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.