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Technology Stocks : Cree Inc.

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From: slacker7117/30/2018 11:17:51 PM
   of 10478
ON Semi expects SiC automobile revenues to ramp starting in the 2nd half of 2018 and will be significant in the 2nd half of 2019.

Chris Caso

Okay, thank you. And just a follow-up, you mentioned in your prepared remarks, silicon carbide. Just a couple of questions on that. Can you talk about when that becomes material in terms of revenue? I guess the expectation that build the second half of this year into 2019. Maybe talk a bit about what you expect to differentiate in the silicon carbide space?

Keith Jackson

Basically, there it is performance-based. In most of our sales, we expect to happen in modules where we get to match performance with our full portfolio. So therefore, we do think there is going to be a competitive edge on total efficiency in the marketplace. That growth again starts here in the second half, but we expected it will accelerate significantly in 2019 and by second half of next year provide significant revenue.
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