Cree and Lextar Electronics Announce Investment, Supply, and Licensing Agreement

Durham, North Carolina- based Cree, Inc. has reportedly agreed to invest in
Lextar Electronics Corporation and supply Lextar with sapphire-based LED chips.
Under the terms of the agreement, Cree will invest about $83 million to
purchase 83 million Lextar shares at NT$30 per share. Lextar and Cree are also
entering into a long-term LED …

Category: leddevpkgpower

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