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Consider this one more similarity between the LED and solar industries: The Chinese government,...

Feb. 13, 2012 12:53 PM ETWolfspeed, Inc. (WOLF) StockWOLFBy: Eric Jhonsa, SA News Editor
Consider this one more similarity between the LED and solar industries: The Chinese government, already facing an ITC probe over its support for local solar vendors, is said to be "determined to help" local LED firms weather a difficult 2012. Meanwhile, U.S.-based Cree (CREE -3.2%) is selling off on a downgrade from CLSA, which expect Cree's margins to remain weak down to LED industry price pressure.

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