Cree is facing strong competition in east Asia region that CEO admitted in year book. Cree acquired China LED packaging factory, LLF, and a joint venture with LGD recently. However, does the margin rate rise last year? I thinks the competition strengens while the Asians buy more equipments to produce LED chips.
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I doubt this will happens.
Cree is facing strong competition in east Asia region that CEO admitted in year book. Cree acquired China LED packaging factory, LLF, and a joint venture with LGD recently. However, does the margin rate rise last year? I thinks the competition strengens while the Asians buy more equipments to produce LED chips.