LED first-line factory capacity utilization rate increased significantly-ALLTOP-img
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LED first-line factory capacity utilization rate increased significantly

by:ALLTOP      2020-03-10
Light emitting diode (LED) Cree, Inc, an upstream grain manufacturer. By OppenheimerCo. The investment rating will be raised from wait-and-see to the incentive to buy, and the stock price will rise to a new high of more than two months. barrno's. Com3 daily, Oppenheimer analyst AndrewUerkwitz believes that the LED lighting market is about to enter a moderate pricing environment, mainly because the first-line wafer industry's capacity utilization rate is high, but the capital expenditure is cautious. He suggested that investors buy Cree because the stock is a company that can benefit from the popularity of LED lighting. The Philadelphia Semiconductor index component Cree3 heard the news on the day. 01, close 52. $83, the highest increase in 30 constituent stocks, and hit a new high since April 22. Cree CEO ChuckSwoboda revealed on the earnings conference call on April 22 that as the industry enters the consolidation period, potential M & A targets may emerge in the next 24 months. Cree's last merger was in August 2011, when it was 5. US $2. 5 billion acquisition of RuudLighting. As of March 30, 2014, the total amount of cash, equivalent cash and short-term investment on Cree's account reached 12. $0. 2 billion. NPDDisplaySearch pointed out on June 23 that 2014- Average compound annual growth rate of high-power LED shipments for street lamps, direct backlight, spotlights and other high-brightness application equipment during 2017 (CAGR)It is expected to reach 13; The demand for high-power LED is estimated to increase from 18. 5 billion in 2014 to 27 billion in 2017. Street lamp applications are expected to account for 28 of the total shipments of high-power LED this year, but by 2017, the proportion is expected to rise to 41. Leading manufacturers of high-power LED include Philips Lumileds, Osram (OSRAM)And Kerui.
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