Cree divest its LED operations as LED supply chain continues its shift to Asia
October 23, 2020After global LED giant Cree divested its lighting business in 2019, the company has announced its plan to sell its LED business to SMART Global Holdings (SGH) for USD 300 million. TrendForce indicates that Chinese manufacturers have quickly risen in the LED industry in recent years, benefiting from superior production capacities and cost optimization measures.
Cree to sell LED Business to SMART Global Holdings
October 19, 2020Cree says it has entered into a definitive agreement to sell its LED Products business unit (Cree LED) to SMART Global Holdings for up to USD 300 million.
Cree’s fab expansion is now going vertical
September 29, 2020Despite the current pandemic, things are moving along for the semiconductor manufacturer’s expansion in Mohawk Valley, New York. The steal girders are standing tall and walls are going up.
The evolving GaN and SiC power semiconductor market landscape
July 23, 2020The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is rapidly evolving from a startup-dominated business to one led by large-established power semiconductor manufacturers.
Delphi Technologies awarded new power electronics business
July 10, 2020Delphi Technologies is making new strides by securing new power electronics business wins in the second quarter of 2020 with three Chinese OEMs. The new business is scheduled to launch in the 2021-23 timeframe.
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 agreementLoad more news
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.