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Digitimes Research: Cree lowers 2Q15 forecast revenues due to keen competition

Jessie Lin, DIGITIMES Research, Taipei Tuesday 21 July 2015 0

Cree has lowered its revenues forecast for the fourth quarter of fiscal 2015 (the second quarter of calendar year 2015), including a big decrease by US$35 million attributable to LED devices which consisted of US$27 million reduction in total inventory...

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