From yesterday Cree conference call transcript:
"We are on target with our plan to double wafer capacity for external materials customers by the end of calendar 2018. We are also on target with our additional Power and RF device capacities start coming online in fiscal Q4.... signed a supply agreement in excess of $100 million for silicon carbide materials and acquired the Infineon RF Power business...The demand signals for Wolfspeed remained strong with the adoption rate of electric vehicles, the increasing use of silicon carbide and GaN technologies in communications, solar and industrial markets received substantial opportunity for the coming decade.,,This plan is intended to double our power device capacity by the end of calendar 2018 from where we exited fiscal 2017..."
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