Wolfspeed, formerly known as CREE, reported its Q3 2022 results in May 2022

http://chargersupplierss.comWolfspeed, formerly known as CREE, reported its Q3 2022 results in May 2022

Wolfspeed, formerly known as CREE, released its Q3 2022 quarterly results in May 2022. Q3 achieved revenue of $188 million, equivalent to 1.264 billion yuan, a year-on-year growth of 36.93%; Net profit loss of 67 million US dollars, equivalent to 447 million yuan; In Q3, a total of US $48 million was invested in research and development, equivalent to RMB 323 million.