Updated Apr. 26, 2017 at 7:24 a.m.

Premium Lock In his own words: Cree's top exec spells out revised strategy

Published: 2017-04-26 07:14:00
Updated: 2017-04-26 07:24:55

Cree's Chuck Swoboda    Chuck Swoboda, chairman and CEO of Cree. Image 1 of 2 · Next Image…

After deciding not to sell its Wolfspeed power business for $850 million when regulators wouldn't approve a deal, Cree Chair and CEO Chuck Swoboda on Tuesday spelled out further revisions of the LED and semiconductor firm's strategy for growth. He announced a joint LED venture with a Chinese firm and pointed out plans to increase capacity for Wolfspeed products. In his own words, he spells out his thinking....

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