Wolf speed Message Board

STOCKTALK

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 : Wolf speed

WOLF 18.05

-4.8%

Jan 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: slacker711 who wrote (9789)	3/2/2018 12:08:53 PM
From: slacker711	of 10714

Some notes from the Q&A part of the analyst day. - Infineon deal is a multi-year deal. Worth "well over" $100 million. - LED business....goal is to focus the business on the high-performance areas where they have differentiation. - Lighting business...goal is to fix the business. 2022 revenue goal is flat with 2017. Most recent new products are already at long-term gross margin goals (low 30 range). - Modest expansion in margins in Wolfspeed. Will pass on savings to customers to expand business. - Significant scale advantage over everybody else in the industry with silicon carbide. Over 50% and probably "significantly north of that". We are taking that scale and doubling it right now and plan on doubling it again. Increasing their scale advantage this year and over the coming few years. - By end of year, double substrate capacity for 3rd party customers. Double device capacity as well. - Will transition some LED silicon carbide substrates to Wolfspeed over time. - Basically create much of the capital equipment themselves. Particularly around crystal growth. View it as a competitive advantage. - Consider silicon carbide to be a multi-decade opportunity. A 30% penetration rate of electric vehicles in 2032 would create a $15 billion dollar opportunity. The 2022 plan uses a $2.4 billion TAM from EV's. Slacker

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next