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Technology Stocks : Cree Inc.
CREE 80.070.0%Oct 4 12:00 AM EDT

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To: slacker711 who wrote (9890)2/4/2019 2:15:03 PM
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On Semi transcript.

Anthony Stoss

Keith, can you talk about the Silicon Carbide contribution in Q4 and also how you expect that to ramp throughout 2019, and a similar follow-up on EVs in terms of what you expect year-over-year? Thanks.

Keith Jackson

So Silicon Carbide itself is still young and ramping for us. We're talking as I mentioned in the last call tens of millions last year, ramping to hundreds of millions in the next couple of years. So, it's still pretty early in that. We did see our first usage in EV automobiles for Silicon Carbide in both third and fourth quarters. I'm expecting EV to ramp quite nicely with all of our related products this year. I don't have an exact growth number but it's certainly going to be very high-double-digit numbers.
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