LED Lighting Pioneer Accuses Employee of Stealing Secrets Worth More Than $100M

An attempted theft at Durham manufacturer Cree in May could have given “a competitor or foreign entity” copies of 32,000 files that covered virtually all there is to know about something the company’s been working on for 30 years, a

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The Impacts of Trump’s $200 Billion China Tariff List on the LED Industry

On July 10th , the Trump administration announced plans to propose additional tariffs on US$200 Billion worth of Chinese goods and released the tariff list. LEDinside analyzed the list right after the announcement and anticipated that the new tariff list

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Cree’s New LED Is Its Most Basic Bulb Ever

Cree’s newest flagship bulb, a 60-watt replacement LED that sells in a two-pack at Home Depot for about $8, is its most affordable yet. Cree got there by borrowing a page from the bargain bulb playbook and going with a

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Cree, Inc. to Announce Q3 2018 Quarterly Earnings Webcast

April 24, 2018 at 5:00 PM EDT Live over the Internet – Simply log in at http://investor.cree.com/financial-events-presentationsv

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Death of Tungsten: Another Top Museum Goes All-LED

Located inside the Louvre’s Palace, the Musée des Arts Décoratifs is the sixth most visited museum in France and one of the most important in the world. Founded in the nineteenth century, it houses thousands of collectors’ objects and artworks,

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Industry’s First Extreme Density LED by CREE

The XLamp® XD16 LEDs are the industry’s first Extreme Density LEDs, delivering over five times higher lumen density than Cree’s previous generation of high power LEDs. The ceramic-based XD16 LED is built on Cree’s groundbreaking NX Technology Platform to address

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Cree Acquires Infineon RF Power Business for 345 Million Euros

(3/6 Reuters) U.S.-based Cree said on Tuesday that it had acquired most of Infineon’s Radio Frequency Power Business for around 345 million euros (307.40 million pounds). The deal, which has already closed, will expand the Cree Wolfspeed business unit, which

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Chinese Firms Prepare Bids for GE Lighting Ops – Sources

(3/5 Reuters) – At least two Chinese companies are preparing bids for industrial conglomerate General Electric’s remaining lighting assets in a potentially $1 billion deal, according to people familiar with the situation. MLS Co and Foshan Electrical and Lighting Co

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26 FEB 2018, 9:00 a.m. E.S.T. Cree to Announce Strategy

Cree, Inc. will host an Investor Day on Monday, Feb. 26, 2018 at 9:00 a.m. ET in New York City. The event will feature presentations on the Company’s strategy and long-term financial outlook. The event will be webcast live on

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Edison Report:

Amy Huntington Departs Philips Lighting http://www.edisonreport.net/lighting-industry-news/amy-huntington-departs-philips-lighting/ Daniel Castillo and Keith Eagle Out at Cree http://www.edisonreport.net/lighting-industry-news/daniel-castillo-and-keith-eagle-out-cree/

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Cree Introduces Up to 150 LPW, KBL High-Bay

Cree, Inc. of Durham, NC, launched the KBL LED High-Bay Series for industrial, retail, civic and athletic venues. Cree claims that the KBL LED High-Bay features dramatically reduced glare for a more productive work environment. The new high-bay offers up

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Cree CEO Lights Up Stock On Possible Turnaround Plans

CREE shares surged by double digits Wednesday 10/180 as its new chief executive fired up the LED lighting company’s stock by indicating to analysts that a new strategic plan may be coming in a few months. Cree shares initially fell

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Cree Names Gregg Lowe CEO to Replace Chuck Swoboda

Cree has announced that Gregg Lowe will take the position of president and CEO of the company effective September 27, ending the long-time reign of Chuck Swoboda who guided the company’s total focus on LED usage in general illumination applications.

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Free Webinar: Cree & EC&M Magazine Present: Maximizing Your LED Lighting Retrofit Success

Presented by Eric Marsh. Are you a contractor considering LED retrofits? With affordable, high-quality LED lighting, generous rebates and easy installation, retrofits are a great way to reduce expenses while providing better light. But not all LED retrofits are created

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Cree® LED Solution at Florida Atlantic University

Installed in two four-story parking garages, it is projecting to save $2 million in energy and maintenance costs. More than 700 lamps were installed in the garage interiors. The university elected to go with Cree® VG Series LED parking structure

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Cree CEO Chuck Swoboda Resigns

Cree CEO Chuck Swoboda is resigning, saying he is re-evaluating his priorities following a recent medical issue. The company said Friday that Swoboda will also step down from the board of directors “following a transition period.” Swoboda joined Cree (Nasdaq:

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Cree Launches Industry’s Brightest & Most Efficient Royal Blue LED

Cree, Inc. announces the new XLamp XP-G3 Royal Blue LED, the industry’s highest performing Royal Blue LED. The new XP-G3 LED doubles the maximum light output of similar size competing LEDs and delivers breakthrough wall-plug efficiency of up to 81

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Cree’s High Power LED Delivers Unmatched Efficacy & Lumen Density

Cree, Inc. introduces the XLamp XHP70.2 LED, the second generation of the highest output Extreme High Power LED, which delivers up to 9 percent more lumens and 18 percent higher lumens-per-watt (LPW) than the first generation XHP70 LED. The XHP70.2

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Cree Cancels Wolfspeed Deal with Infineon Based on US Government Concerns

The US government has scuttled another technology business deal as Cree will not sell the Wolfspeed silicon carbide (SiC) power and RF business to Infineon Technologies. Presumably, national security concerns are behind the cancellation. For now, Cree plans to operate

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LEDs’ Long Life Expectancy Can Shrink Business for Players

LED lighting has indeed changed the face of lighting business. Not only do they conserve energy, but also last for a long period of time. However, LED lights long durability factor can actually become a ‘curse’ for companies who produce

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