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#CreeLED changes hands again! Ranking fifth globally with a 5% share in 2025, it could gain further ground as rivals exit and cash flow turns positive...

What happened

According to a TrendForce tweet posted on Nov 9, 2026, Penguin Solutions plans to sell Cree LED to a private equity firm; the deal is at the announcement/planned stage, the source does not state the cause, and the buyer's name, deal value and completion timing are not disclosed. The tweet also notes that CreeLED ranked fifth globally with a 5% share in 2025, and could gain further ground as rivals exit and cash flow turns positive.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

lighting LED
Penguin SolutionsCree LED
CreeLEDLEDM&Aprivate equityTrendForce

Source and time

Source: TrendForce Official (Market Data) · 11/9/2026 · View original source

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