Tag Archives: CREE LED

Say goodbye to the LED industry! Cree announces the sale of LED business

Following Philips and GE, Cree also announced a complete bid farewell to the LED and lighting industries! On October 19, Cree announced that it had reached a final agreement with SMART Global Holdings, Inc. to sell Cree LED to SMART at a transaction price of US$300 million, including an advance payment of US$50 million and […]