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Cree Inc.
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Cree Inc. is a Durham, North Carolina based, American corporation which manufactures semiconductor materials and devices. After the recent market turmoil, CREE now commands one of the highest trading multiples (highest P/E) on the Nasdaq stock exchange. It was formed in 1987 by researchers from North Carolina State University. Materials products include silicon, silicon carbide (SiC) and gallium nitride. Device products light-emitting diodes (LEDs) made from their materials for a variety of uses, as well as power supply chips, motor controllers and microwave radios.

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Encyclopedia
Cree Inc. is a Durham, North Carolina based, American corporation which manufactures semiconductor materials and devices. After the recent market turmoil, CREE now commands one of the highest trading multiples (highest P/E) on the Nasdaq stock exchange. It was formed in 1987 by researchers from North Carolina State University. Materials products include silicon, silicon carbide (SiC) and gallium nitride. Device products light-emitting diodes (LEDs) made from their materials for a variety of uses, as well as power supply chips, motor controllers and microwave radios. The wide band gap semiconductors are suitable for high voltage or high power or high temperature operation. SiC is used for high power electronics, largely due to having a very high thermal conductivity. Two directors of Cree are John Palmour and Chuck Swoboda.
The company's silicon fabrication line in Sunnyvale, California is closed, and the company is now focusing on wide band-gap technologies.
The company holds the record for the most efficient White LED with a prototype that can produce 161 lumens per watt while drawing 350mA of current, more than 10 times what an incandescent (normal) light bulb can produce.
Cree's competitors include Nichia Corporation, Osram Opto Semiconductors and Philips Lumileds Lighting Company. Cree is also facing increasing competiton from low cost Taiwanese LED manufacturers such as Epistar and Everlight.
External links
- web site.
- Listing of current Flash Light Products utilizing the Cree LED.
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