Senate Dems to Trump: Release details of TSMC plant deal
May 21, 2020Democratic lawmakers are pressuring the Trump administration to respond to serious questions about Taiwan Semiconductor Manufacturing Co Ltd’s (TSMC) plans to build a USD 12 billion plant in Arizona, which the company announced last week.
Cree: COVID-19 has had a greater impact than first anticipated
April 06, 2020Cree says that the COVID-19 pandemic has had a greater impact than originally anticipated when the company provided the third quarter outlook back in late January.
Ideal Industries moving the ball forward at Cree
January 14, 2020Following its March announcement that Cree had sold off the entirety of its lighting business to Ideal Industries in a USD 310 million deal, Ideal said it would remain dedicated to pumping investment dollars into the now privately-held Cree Lighting.
NY approves USD 500 million grant for Cree
November 26, 2019The State of New York’s economic development arm, Empire State Development Corp., approved a USD 500 million grant for Cree Inc. toward its planned USD 1 billion factory in Marcy.
ZF and Danfoss seal strategic partnership
November 25, 2019ZF Friedrichshafen AG and Danfoss Silicon Power GmbH have stepped up their existing cooperation with a new strategic partnership for silicon- and silicon-carbide power modules.
Cree, STMicroelectronics fortify SiC agreement
November 19, 2019Cree Inc. and STMicroelectronics have expanded their existing multi-year, long-term silicon carbide wafer supply agreement to more than USD 500 million.
Cree, ABB form partnership for SiC technology
November 18, 2019Silicon carbide technology specialist Cree and ABB’s Power Grids business have announced a partnership to jointly expand the rollout of silicon carbide for semiconductors.
ZF and Cree partners up to advance the electric drive
November 05, 2019ZF Friedrichshafen is teaming up with silicon carbide semiconductor specialist Cree, to create industry-leading, highly efficient electric drivelines.
Cree nearing groundbreaking on Utica plant
November 01, 2019Cree Inc. said this week it plans to begin working on its USD 1 billion factory, announced in September, located near Utica, New York.
Cree, NY CREATES announce first SiC wafer demo
October 24, 2019Cree and New York Center for Research, Economic Advancement, Technology, Engineering, and Science (NY CREATES), marked the start of their partnership with the completion of their first silicon carbide test wafers last week.
Cree, SUNY sign lease as Utica plant takes shape
October 03, 2019Cree announced it will lease office and clean room space at the SUNY Polytechnic Institute campus in Albany while the semiconductor manufacturer builds a USD 1 million facility near Utica, the Albany Business Review is reporting.
Cree targets NY for silicon carbide expansion
September 24, 2019Cree Inc. announced a major step in its progress toward establishing a silicon carbide corridor on the East Coast with the addition of an upstate New York build-out of the world’s largest silicon carbide fabrication facility.
Delphi team up with Cree for automotive SiC devices
September 09, 2019Delphi Technologies and Creehave entered into a partnership to utilise silicon carbide semiconductor device technology to enable faster, smaller, lighter and more powerful electronic systems for future electric vehicles (EV).
Global automotive LED revenue still on the rise
August 15, 2019the global automotive market has been showing declines since 2018 amid global trade frictions and economic recessions, but the penetration rates of LEDs in various major automotive lighting products continued to rise, says LEDinside, a division of TrendForce,
Cree and ON Semi sign multi-year silicon carbide wafer supply agreement
August 13, 2019The companies have entered into a multi-year agreement where Cree will produce and supply its Wolfspeed silicon carbide wafers to ON Semiconductor.
Cree selected as silicon carbide partner for VW's FAST program
May 15, 2019Cree has been selected as the exclusive silicon carbide partner for the Volkswagen Group’s “Future Automotive Supply Tracks” Initiative (FAST). The aim of FAST is to work together to implement technical innovations quicker than before and to realise global vehicle projects more efficiently and effectively.
Cree Closes on the sale of its lighting business
May 14, 2019Cree says the company has completed the sale of its Lighting Products business unit (Cree Lighting) to IDEAL INDUSTRIES, Inc.
Cree to pump USD 1 billion into silicon carbide capacity
May 07, 2019North Carolina-based Cree Inc. has announced plans to invest USD 1 billion into the expansion of a state-of-the-art, automated 200 mm silicon carbide fabrication facility and materials mega factory at its Durham campus.
China manufacturers raise capacity, causing stagnation in revenue growth
April 23, 20192018 has proven to be a difficult year for many LED manufacturers: the industry as a whole was burdened with the weight of oversupply, and the US-China trade dispute caused end demand to stagnate. This led to a less-than-expected business performance for LED manufacturers in general.
Cree sells lighting unit to IDEAL INDUSTRIES INC.Load more news
March 15, 2019Cree Inc. has formed a definitive agreement to sell its lighting products business unit, Cree Lighting, which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications, to IDEAL INDUSTRIES INC. for approximately USD 310 million.
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