SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cree Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (10405)8/12/2021 7:29:49 PM
From: EvanG2 Recommendations

Recommended By
Lou Weed
slacker711

  Read Replies (1) of 10477
 
IIVI plans on investing $1 billion into SiC over the next ten years. That covers both capex and R&D.

II-VI had a conference call today. Clarified that the $1B included $200-$250 million in OPEX (a good portion manufacturing engineering and design for manufacturability) with the remainder in CAPEX mainly in a 3 year intensity with some followup in remaining years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext