Cree: What Does The LED Business Restructuring Mean For The Company?

Cree is confident that it is well positioned to continue to win in LED lighting. Though the company has made significant progress growing both the volume and product base of its lighting business over the last several years, it believes that there is still a lot of untapped potential in terms of both revenue and profitability. Cree claims that it continues to gain share in the commercial lighting market as the demand rebounded in late March. The company has a strong product pipeline and is build...