Cree restructuring?

degarb

Flashlight Enthusiast
Joined
Oct 27, 2007
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Akron, Ohio
http://www.cree.com/News-and-Events/Cree-News/Press-Releases/2015/June/LED-Business-Restructuring

Finally, I have to ask, after months of no one commenting on this press release. In real words, what does this mean to those on the inside?

To my view, Cree has been killing the competition, where it matters to the consumer. Appreciated or not by consumers, they got the good products, while others seem to be piggy backing with old technolgy and distribution deals. Including Phillips, sadly, who I feel has fallen far behind. I do observe how leeches and copycats often do better than those that innovate: certainly has a higher markup. I am hoping this "restructuring" isn't code for screwing up that which has made Cree great. The world would be a much poorer planet.
 
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