A strategic partnership has been created to advance the Electric Powertrain with Silicon Carbide-Based Inverter New Silicon Carbide-Based Inverter solutions help increase drive efficiency and extend the range of electric cars SCHWEINFURT, Germany & DURHAM, N.C. --(BUSINESS WIRE)--Nov.
DURHAM, N.C. --(BUSINESS WIRE)--Oct. 30, 2019-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $242.8 million for its first quarter of fiscal 2020, ended September 29, 2019 . This represents an 11% decrease compared to revenue of $274.2 million reported for the first quarter of fiscal 2019,
DURHAM, N.C. --(BUSINESS WIRE)--Oct. 15, 2019-- Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide (SiC) semiconductor technology, today announced it will host an Investor Day on Wednesday, Nov. 20, 2019 at the Grand Hyatt Hotel in New York City .
State-of-the-art wafer fab in New York and mega materials factory in North Carolina will establish silicon carbide corridor on the East Coast Partnership creates larger, highly-automated wafer fab at lower net cost than previously planned Proposed 200mm power and RF wafer fabrication
Innovative MOSFETS increase driving distances, shorten charging times and deliver overall improved efficiency for next generation electric vehicles DURHAM, N.C. --(BUSINESS WIRE)--Sep. 9, 2019-- Delphi Technologies PLC (NYSE: DLPH), a global provider of automotive propulsion technologies, and Cree,
DURHAM, N.C. --(BUSINESS WIRE)--Aug. 20, 2019-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $251.2 million for its fourth quarter of fiscal 2019, ended June 30, 2019 . This represents a 5% decrease compared to revenue of $265.8 million reported for the fourth quarter of fiscal 2018, and an
DURHAM, N.C. – Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide (SiC) semiconductors, announced an update to its financial guidance for the fourth quarter of fiscal 2019. This update to the financial guidance, which was previously provided in the company’s third quarter results
DURHAM, N.C. --(BUSINESS WIRE)--May 1, 2019-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its third quarter of fiscal 2019, ended March 31, 2019 . Revenue from continuing operations for the third quarter of fiscal 2019 was $274 million , which represents a 22% increase compared
Transaction Sharpens Cree’s Strategic Focus as Powerhouse Semiconductor Company DURHAM, N.C. --(BUSINESS WIRE)--Mar. 15, 2019-- Cree, Inc. (Nasdaq: CREE) announces the execution of a definitive agreement to sell its Lighting Products business unit (“Cree Lighting”), which includes the LED lighting
DURHAM, N.C. --(BUSINESS WIRE)--Jan. 30, 2019-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its second quarter of fiscal 2019, ended December 30, 2018 . Revenue for the second quarter of fiscal 2019 was $413 million , which represents a 12% increase compared to revenue of $368
DURHAM, N.C. --(BUSINESS WIRE)--Oct. 16, 2018-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its first quarter of fiscal 2019, ended September 23, 2018 . Revenue for the first quarter of fiscal 2019 was $408 million , which represents a 13% increase compared to revenue of $360
DURHAM, N.C. --(BUSINESS WIRE)--Aug. 14, 2018-- Cree, Inc. (Nasdaq: CREE) today announced revenue of $409 million for its fourth quarter of fiscal 2018, ended June 24, 2018. This represents a 14% increase compared to revenue of $359 million reported for the fourth quarter of fiscal 2017, and a 15%
DURHAM, N.C. --(BUSINESS WIRE)--Apr. 24, 2018-- Cree, Inc. (Nasdaq: CREE) today announced financial results for its third quarter of fiscal 2018, ended March 25, 2018. Revenue for the third quarter of fiscal 2018 was $356 million , which represents a 4% increase compared to revenue of $342 million
DURHAM, N.C. & MUNICH & MORGAN HILL, Calif. --(BUSINESS WIRE)--Mar. 6, 2018-- Cree, Inc. (NASDAQ: CREE) has acquired assets of Infineon Technologies AG (FSE: IFX)(OTCQX: IFNNY) Radio Frequency (RF) Power Business for approximately € 345 million. The transaction expands the Cree Wolfspeed business
DURHAM, N.C. --(BUSINESS WIRE)--Feb. 13, 2018-- Cree, Inc. (Nasdaq: CREE) 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.