Cree, Inc just released a new multichip MC-E LED, the XLamp MC-E. This product combines red, white, green and blue LED chips in a single LED light. With their color-changing capabilities and small size, these lights are ideal for architectural and entertainment uses. As a bonus, their footprint is 80% smaller than that of the existing XLamp color LEDs.
CREE is also demonstrating a new cool white LED lamp at this week’s LIHGTFAIR International … Read the rest
Cree Inc (CREE) reported after the bell today and beat lowered expectations by posting a non GAAP EPS of .13/share (beating estimates by .02) on revenues of $131 million which was basically in line with estimates. While the company beat estimates and guided revenues a touch higher for next quarter, the growth over the year ago quarter was relatively flat. Earnings were down 7% from the year ago quarter while revenues were up 5%. That’s … Read the rest
Cree, Inc just announced that its LED downlights have qualified for both commercial and residential EnergyStar Certification. The commercial EnergyStar qualifications are much tougher than the residential qualifications, as products are required to last 40 times longer.
"Being rated for both commercial and residential applications is especially significant since more than three-quarters of the LED lighting we are deploying today is in commercial installations," said Neal Hunter, president, Cree LED Lighting. "Cree also provides the … Read the rest
Despite the faltering economy, Cree Inc’s CEO Chuck Swoboda told Reuters that he expects demand for LED lighting to grow in the next year. Although he described the company’s third quarter as a "quiet period," he remained optimistic about the future, saying
"When you look at energy efficiency there aren’t many things that can have as big an opportunity in the near term as switching to more efficient lighting," Swoboda said.
He also advised that … Read the rest
In conjunction with Powerex, Inc and the United States Air Force Research Laboratory, Cree has introduced a demonstration model of a new silicon-carbide power switch featuring Cree’s silicon carbide semiconductors. The switch is capable of operating at temperatures of up to 200 degrees Celsius.
MSNBC has more on the advantages and potential applications of the new power switch:
… Read the restWhen compared to a silicon IGBT module of equal rating, and operating at a junction temperature of
Cree just released samples of two new products: two 120MW GaN HEMT microwave transistors that can be used in telecommunications applications like Wi-Fi and for high-speed cell phone data transmission. These transistors would be compatible with both 3G and 4G cell networks, and could be used by both GSM and CDMA carriers.
For the technical specs of these nifty new devices, we turn to Cree’s press release:
… Read the restDue to the unique combination of high RF
Cree just announced a new supply contract with LG Display. Under the partnership agreement, Cree will supply LG with LED chips for flat-screen LCD devices. LG plans to expand the percentage of panels it produces that use LED-backlighting to approximately 50% of its total notebook LCD output.
Here’s more about the deal from LED Magazine:
Reuters quoted LG Display as saying, "Under the agreement, LG Display secures a stable supply of LED chips, a key … Read the rest
I know, I know. .another top 10 list. But this one’s a bit different. It’s called a Top 10 list but I’m only including 5 (how’s that for daring and different eh?) of the top green energy stocks based purely on technicals because I can’t find 10 with great technicals! I’ll include another 5 if this market gets going again.
Drum roll please…
Coming it at the top spot is a stock I’ve been highlighting … Read the rest
Cree Inc (CREE) has been on a bit of a roll lately after making some big announcements about new LED products, partnerships and a big order from the Pentagon. Let the good times roll after the bell today as the company reports very good earnings and is guiding higher. I can’t imagine there will be many companies guiding higher next quarter in the current environment, so congrats to CREE on a great quarter. … Read the rest
Cree. Inc has entered a patent licensing agreement with Mistsubishi Chemical Corporation for its freestanding GaN substrate technology. Under the terms of the agreement, Mitsubishi Chemical Corporation will be able to manufacture and sell GaN substrates as well entering in to some sublicensing agreements in exchange for paying royalties and other payments to Cree.
Steve Kelley, Cree’s CEO, commented on the deal:
… Read the rest"Cree is pleased to enter into this license agreement with MCC, a well-known