For fiscal Q4-19, which ended this past 30 June, Cree registered a revenue of USD $251m—down by 5% YoY and 8% QoQ. Net income for Q4-19 was $11.5m, compared to $14.5m for Q4-18. Cree modified their forecast for Q4-19 due to the US Huawei
Hector Fratty
Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.