Infineon does not expect to be able to salvage its $850 million purchase of Cree's Wolfspeed Power, which is under US scrutiny over unspecified government security concerns, the German chipmaker said on Thursday.
Cree has said fiscal third quarter revenue will be lower than expected due to product delays and other issues at its lighting business.
Marketwatch.com (Dow Jones)
Cree Lighting and Philips Lighting both announced 60W-equivalent LED lamps at less than US$15, but the companies took decidedly different design approaches to the SSL retrofits.
Cree Inc., a maker of light-emitting diode, or LED, products, said Tuesday that its fiscal fourth-quarter net income fell 49% because of higher expenses, but revenue grew and adjusted earnings topped Wall Street's expectations.
Cree has rolled out the new XLamp XP-G2 LED family, which is directly compatible with the prior XP-G components, including optics designed for those components, and which is based on the company's third-generation manufacturing-technology platform.
Durham-based Cree Inc., a maker of LED lighting products, announced Monday that it's participating in a series of energy efficiency renovations in U.S. diplomatic offices or residences in Vienna, Rome, Berlin, Madrid and Lisbon.
Claiming a breakthrough in light-emitting diode (LED) technology, Cree Inc. announced a new product that the company claims delivers twice the lumens per dollar of conventional LEDs and offers the highest performance in the industry.
Cree, Inc. announced it has granted five LED lighting manufacturers licenses to select Cree patents through its recently launched remote phosphor licensing program.
Shares of LED lighting and chip-maker Cree Inc. fell Thursday after it a Morgan Stanley analyst downgraded the stock, saying investor expectations for fiscal 2013 are too high.
LED lighting is becoming mainstream and luminaire-makers are jumping on the bandwagon with viable products now that the technology is more widely understood, writes Steve Bush.
China has unveiled its three-step plan for phasing out energy-inefficient incandescent lamps. The announcement caused shares in US-based LED maker Cree (Nasdaq: CREE) to surge by almost 10% on November 4.
Marketwatch.com (Dow Jones)
Shares of both LED lighting company Cree and LED equipment maker Veeco Instruments are trading lower on growing concerns about pricing and over-capacity in the LED lighting sector. Both companies were the subject of bearish commentary from the Street this morning.
The Globe and Mail
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched what it claims is the first system-level LED downlight for the international 80-100mm MR16 market. A direct replacement for the 50W MR16-based fixture, the CR100 downlight surpasses its counterpart in brightness and efficacy.
The US Department of Energy (DOE) has awarded another $14.8 million in funding for development projects aimed at advancing solid-state lighting technologies.