Cree, Inc. announces the availability of a new product family, XLamp® XQ LEDs, featuring a unique combination of small size, novel light distribution and high-reliability design. This combination of features enables the next generation of designs for applications that require broader light distribution such as omni-directional lamps and fixtures. The XQ LEDs are Cree’s smallest lighting-class LEDs at just 1.6 mm x 1.6 mm, 57 percent smaller than Cree’s XLamp XB package. Built on Cree’s revolutionary SC3 Technology™ Platform, the c...

Cree, Inc. (Nasdaq: CREE) extends the XLamp® CXA family of integrated LED arrays with the new higher-light-output CXA2540 and CXA3050 LEDs. Optimized to simplify designs and lower system cost, the new CXA LEDs deliver 5,000 to over 10,000 lumens, enabling new applications such as high-output track lights and downlights, outdoor area lighting and high-bay lighting. The new Cree® CXA3050 LED is now the brightest member of the CXA family and can enable LED replacements for up to 100-watt ceramic metal halide in spot lighting or up to 175 w...

Cree, Inc. announces the release of its second-generation SiC MOSFET, enabling systems to have higher efficiency and smaller size at cost parity with silicon-based solutions. These new 1200-V MOSFETs deliver industry-leading power density and switching efficiency at half the cost-per-amp of Cree’s previous-generation MOSFETs. At this price/performance point, they enable lower system costs for OEMs and provide additional savings to the end-user through increased efficiency and lower installation costs due to the lower size and weight of SiC-based systems. ...

Cree, Inc. (Nasdaq: CREE) introduces a game-changing series of LED bulbs at a retail price point that gives consumers a reason to switch to LED lighting. The long-lasting Cree LED bulbs showcase Cree's commitment to LED lighting innovation. The new bulbs shine as brightly as comparable incandescents while saving 84 percent of the energy compared to traditional bulbs. The Cree LED bulbs are backed by a 10-year limited warranty and available exclusively at The Home Depot®. "The Cree LED light bulb was designed to offer consumers a no-compr...

Cree, Inc. (Nasdaq: CREE) has illuminated the Walmart Neighborhood Market in Mt. Pleasant, WI with energy-efficient LED lighting. Cree® interior lighting products, including more than 400 CS18™ LED linear luminaires, will fully illuminate the Neighborhood Market – from the sales floor and pharmacy to restrooms, vestibules and backroom areas. Cree LED lighting will also be installed in the parking lot and exterior areas of the store. Walmart estimates that the CS18 luminaires, designed for low maintenance and long life, will save approxima...

Cree extends the KR Series LED downlight portfolio, delivering greatly improved performance at pricing to match incumbent fluorescent downlights. With new lumen packages of up to 2650 delivered lumens, the KR Series replaces 18- to 42-watt fluorescents. Cree is further expanding the range of LED downlight applications by introducing the KR4™ downlight, which features an impressive, high-lumen, 4-inch aperture, with options similar to the 6-inch KR6™ downlight. With new standard 0- to 10-V dimming, sloped-ceiling and wall-wash trim options, the KR Series...

Cree, Inc. (Nasdaq: CREE) delivers another industry first with a barrier-breaking 276 lumen-per-watt white R&D power LED. This significant milestone exceeds Cree’s previous R&D industry record of 254 lumens per watt and demonstrates Cree’s continued commitment to innovate and accelerate the adoption of LED lighting. Cree’s innovative SC³ Technology™ Platform, available today in Cree XLamp® LEDs, enables this record-breaking R&D result. The SC³ Technology Platform features advancements in LED chip ar...

Cree, Inc.(NASDAQ:CREE) LED lighting has got an endorsement from none other than Richard Petty, “The King” of Nascar.

Nicknamed “The King” of NASCAR®, Richard Petty has endorsed Cree® LED lighting after enthusiastically transforming his 100,000 square-foot garage with state-of-the-art LED fixtures by Cree, Inc. (Nasdaq: CREE). More than 700 Cree LED luminaires now illuminate the Petty’s Garage complex, which specializes in the restoration of high-performance vehicles, stock cars, drag racers and Petty signature cars. Partnering with Greenleaf Energy Solutions, Petty’s Garage installed Cree’s industry-leading LED lighting, fe...

Cree announces the appointment of Mike McDevitt as Executive Vice President and Chief Financial Officer (CFO), effective immediately. McDevitt brings more than two decades of finance and operations leadership and has served as Vice President and Interim CFO of the company since May 22, 2012. “Mike is an invaluable member of the Cree team and I am very pleased to announce his appointment as CFO,” said Chuck Swoboda, Cree chairman and CEO. “After conducting an exhaustive national search, we realized Mike is the best candidate for the job...

LED technology developed by Cree and Aeon creates warm glow of success at top international tourist destination   The warm mellow glow of a sunset is not what most consumers currently associate with LED lighting, but that is the effect now being delivered by the MR16 lamp from Aeon Lighting Technology Inc. (ALT). A key commercial LED light bulb manufacturer in Taiwan and well known in the industry for its retrofit bulbs, ALT has a well established relationship with Cree, Inc., and the Taiwan based company designed the Cree XLamp® XT-E 2200K CC...

Breakthrough Innovations Deliver up to 130 LPW and Standard Efficacy of 100 LPW Continuing to build on the advantages of Cree TrueWhite® Technology, Cree, Inc. (Nasdaq: CREE) is announcing the CR Series LED Architectural High-Efficacy (HE) troffer, with an industry-leading 130 lumens per watt* and 90 CRI. Cree is also raising the bar by increasing the efficacy of the standard CR family to 100 lumens per watt. Cree is further expanding the CR troffer line with the new CR Series High-Definition (HD) troffer, featuring 80+ CRI ...

Cree, Inc. (Nasdaq: CREE), announced revenue of $346.3 million for its second quarter of fiscal 2013, ended December 30, 2012. This represents a 14% increase compared to revenue of $304.1 million reported for the second quarter of fiscal 2012 and a 10% increase compared to the first quarter of fiscal 2013. GAAP net income for the second quarter was $20.4 million, or $0.18 per diluted share, an increase of 69% year-over-year compared to GAAP net income of $12.1 million, or $0.10 per diluted share, for the second quarter of fiscal 2012. On a non-GAAP basis, net income for...

Cree, Inc. (Nasdaq: CREE) is extending the revolutionary XSP Series LED Street Light portfolio to deliver municipalities improved performance at even more affordable price points. The new XSP2L™ LED street light increases lumen output over 35 percent compared to the original XSP luminaire. The XSP2L LED is the ideal replacement for outdated high-pressure sodium and metal-halide fixtures up to 400 watts. Delivering better performance and lower cost per lumen, the Cree® XSP Series LED Street Light boasts an industry-leading ten year wa...

Next-Generation LR6-10L LED Fixture Delivers Exceptional Energy Savings and Long Lifetime to Obsolete Outdated Fluorescent and CFL Lighting Cree (Nasdaq: CREE) introduces the LR6-10L six-inch LED downlight delivering 1000 lumens of exceptional 90+ CRI light while achieving 90 lumens per watt. This breakthrough performance is achieved by combining the high efficacy and high-quality light of Cree TrueWhite® Technology with an integrated driver, enabling energy savings of up to 50 percent compared to incumbent CFL technology or 30 percent comp...

Needham & Company reiterated a Buy rating on Cree and raised its price target to $36.00 (from $32.00). The increased price target relates to analysts' view that LED lighting has "Come of Age". "We expect initial adoption of LED will be in the high-end commercial and outdoor segments, where we believe Cree's chip performance and integration are crucial to achieving strong adoption," said analyst Y. Edwin Mok. Mok thinks Cree has an advantage that will allow it to charge premium prices and drive strong margins.  ...

Offers Unique LED Module Light Source Warranty When Paired with a Compatible Driver Cree, Inc. (Nasdaq: CREE) introduces the Driver Compatibility Program for its LED products. The new Driver Compatibility Program provides LED lighting manufacturers with a list of drivers that are compatible with Cree® LED modules, as verified through evaluation and testing by Cree. By leveraging the technology and features of third-party drivers, the program enables lighting manufacturers to quickly address the requirements unique to various countries, further di...

Latest Cree Innovation Uses Single LED Source to Deliver Precise Optical Control, Glare-Free Lighting and Lower Energy Cost Using up to 80 percent less energy and designed to last up to eight times longer than traditional 50-watt halogen MR16 lamps, the Cree® LM16 LED Lamp delivers a new standard in LED lighting. The new Cree (Nasdaq: CREE) lamp can deliver payback in less than 12 months and provide years of consistent color quality and lumen output.* The high-performance LM16 LED Lamp delivers the industry’s best center beam candlep...

New XLamp MK-R LEDs Deliver Record-Breaking Efficacy and Next-Generation Price-Performance for LED Arrays Two years after breaking the 200 lumens-per-watt (LPW) R&D efficacy barrier, Cree, Inc. (Nasdaq: CREE) delivers another industry first with the introduction of the Cree XLamp MK-R LEDs. The new MK-R LEDs leverage the SC³ Technology next-generation LED platform to deliver up to 200 lumens-per-watt (at 1 W, 25°C) LEDs. The new MK-R LEDs make the next generation of 100+ lumens-per-watt system possible ...

New XLamp XM-L2 LEDs Deliver 186 Lumens-per-Watt Efficacy Milestone to Accelerate Adoption of LED Lighting Cree, Inc. (Nasdaq: CREE) once again sets an LED industry performance milestone with the commercial availability of XLamp® XM-L2 LEDs. The new XM-L2 LED delivers up to 186 lumens-per-watt at 350 mA, 25°C, a level of performance available only in a lab setting just three years prior. Built on Cree’s revolutionary SC³ Technology™ next-generation LED platform, the new XM-L2 LEDs double the lumens-p...

Cree Interior and Exterior Fixtures Deliver Extensive Reductions in Energy Costs Along with High-Quality Lighting More than 130 locations of convenience restaurant chain Sheetz, Inc. now feature state-of-the-art LED lighting by Cree, Inc. (Nasdaq: CREE). The installation of energy-efficient Cree interior and exterior lighting at Sheetz® retail gasoline locations is delivering a 45-percent reduction in energy costs for interior lighting and 50–55-percent reduction in exterior lighting compared to the antiquated lighting it replaced. “L...

CREE is a LED integral manufacturer for LED chip, packaging, and LED lighting solution. Initiated itself from global strategic perspective, CREE has, in sequence, established chip and packaging plant in China. As a global and well-noted LED manufacturer, CREE has always adhered to the facilitation of LED light revolution, the promotion of green energy-conservation and environmental-friendly LED lighting, and elimination of low-efficiency lighting source. In such a way, what are the planning and viewpoint of CREE in light of future technology and product ...

Sets New Standard with Industry’s First Fully Qualified, Production-Ready, All-SiC Power Module Cree, Inc. (Nasdaq: CREE) continues to showcase the superior performance and reliability of its silicon-carbide (SiC) power technology with the introduction of the first commercially available all-SiC Cree® power module. The new high frequency module, rated at 100-A current handling and 1200-V blocking, allows higher efficiency, compact and lighter weight systems that can result in lower total system costs compared to conventional silicon-based technologi...

Cree, parent company of Ruud Lighting, 9201 Washington Ave., has introduced a new LED light. On Nov. 2, Cree and Best Buy jointly announced the new Insignia bulb, powered by a Cree element, and manufactured and exclusively sold by Best Buy. Also, Cree has LED light bulbs for home use under the EcoSmart brand at other retailers. Cree said the Insignia bulb offers “distinct advantages” over existing LED bulbs on the market today. Unlike some others, the Insignia looks much like a traditional incandescent bulb. Like a standard bulb, it also prov...

New Turnkey A19 Bulb Joint Reference Design Being Showcased at Hong Kong LIGHTFAIR Marvell (Nasdaq: MRVL) announced the availability of a new turnkey reference design developed with Cree, Inc. for 60-watt equivalent dimmable A19 LED bulbs, continuing the two companies’ ongoing collaboration to drive the LED lighting revolution. The new ENERGY STAR® compliant design – integrating Marvell’s latest deep dimming driver IC, the 88EM8183, and Cree’s leading edge XLamp® XB-D LED – further enables the...

Cree, Inc. (Nasdaq: CREE) announces new CXA LED Arrays, boasting high lumen output and high efficacy in a family of single, easy-to-use components. Optimized to simplify designs and lower system cost, Cree’s newest CXA LEDs can deliver system-level performance ranging from 500 to 5000 lumens and up to 146 LED lumens per watt, enabling applications ranging from LED replacement lamps to commercial downlights.   CXA LED Arrays are available in EasyWhite® color temperatures, providing the LED industry’s best color consistency for des...

The world's largest LED chipset supplier has announced the launch of a 2200K colour chipset to meet the market demand for a warmer, golden light that can match the output of an incandescent lamp.   The 2200K XTE high power LED chip is the result of a co-development between CREE, the market-leading innovator of lighting-class LEDs, and high power LED light manufacturer, Aeon Lighting Technology (ALT).   The 2200K chipset has tackled one of the greatest challenges of LED design by achieving the preferred warm coloration, consistent with that ...

The New York City Department of Transportation (NYC DOT) recently completed the installation of nearly 1,600 LED luminaires that light walkways and grassy areas in Central Park. The new luminaires from Spring City Electrical feature Cree (Nasdaq: CREE) XLamp® XP-G LEDs in each fixture and were produced using an advanced light engine from Heatron. DOT officials estimate the new LED lighting will reduce energy usage by 62 percent and deliver annual maintenance savings of nearly $30,000 compared to metal halide lighting. The NYC DOT initia...

The U.S. General Services Administration , Largest Tenant in US, has turned its attention to LEDs. According to the GSA, energy efficiency is becoming a way of life, not only to cut costs at more than 9,600 assets that it owns or rents, but also to meet the 2007 federal mandate that government buildings slash energy consumption 30 percent by 2015. To meet those goals, and to push the whole market forward, it launched the Green Proving Ground program to evaluate sustainable building technologies. Based on performance, the GSA can then recommend technologies to i...

Quarterly Revenue increased 17% year-over-year to a record $316 million; Quarterly Net Income increased 26% year-over-year to $16.1 million Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $315.8 million for its first quarter of fiscal 2013, ended September 23, 2012. This represents a 17% increase compared to revenue of $269.0 million reported for the first quarter of fiscal 2012 and a 3% increase compared to the fourth quarter of fiscal 2012. GAAP net income for the first quarter was $16.1 million, or $0.14 per diluted share, a...