Industry News

Wolfspeed Posts 46% Y/Y Growth, Hurt By ZTE Ban

Wolfspeed’s Q3 FY18 revenue grew 16 percent sequentially to $81.9 million, which was 46 percent above the prior year’s quarter. The power RF business acquired from Infineon on 6 March is hurt by the export ban to ZTE; ZTE contributed approximately 20 percent of the revenue in the RF power business in Q3.


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