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To: EvanG who wrote (10418)	8/26/2021 9:52:09 AM
From: slacker711	1 Recommendation Recommended By OldAIMGuy Read Replies (1) \| Respond to of 10660

With most of growth in 2nd half, was expecting Cree guidance to be stronger because of that. The part of Malaysia that was locked down, was down for a good portion of July so perhaps that explains it. They said that Malaysia was a $5-$7m impact in the guidance for the current quarter. They didn't break out how much of the >$100m in unfulfilled demand for the fiscal year was going to be left on the table for the current quarter. Presumably, that number will ramp through the fiscal year before the Mohawk ramp starts to be felt in the 2nd half of calendar '22. Maybe they could have given guidance for ~$170m without the supply issues? Regardless though, the STM numbers likely indicate that they are ramping some internal supply in the 2nd half. We'll see whether they break out any numbers going forward.

To: EvanG who wrote (10418)	8/28/2021 12:35:25 PM
From: slacker711	1 Recommendation Recommended By Lou Weed Read Replies (2) \| Respond to of 10660

A partial answer to your question about revenues from the 10k. Revenue from STM barely grew in FY '21 ($89.3m to $94.6m) STM signed a deal with SiCrystal (Rohm) in Jan. 2020 so perhaps we are seeing the impact of that in FY '21? I'm going to try and dig up some more details about the revenue splits this weekend. sec.gov Customers We have a small number of customers who represent more than 10% of our consolidated revenue. ST Microelectronics, Inc. (ST Microelectronics) accounted for 18%, 19% and 11% of our total consolidated revenue from continuing operations in fiscal 2021, 2020 and 2019, respectively. Sumitomo Corporation (Sumitomo) accounted for 10%, 14% and 14% of our total consolidated revenue from continuing operations in fiscal 2021, 2020 and 2019, respectively. Additionally, Arrow Electronics, Inc. accounted for 13% and 14% of our total consolidated revenue from continuing operations in fiscal 2021 and 2019, respectively. For further discussion regarding customer concentration, please see Note 16, “Concentrations of Risk,” in our consolidated financial statements included in Item 8 of this Annual Report. The loss of any large customer could have a material adverse effect on our business and results of operations.