Cree Inc. Overview
Company Headquarters: US
Founded: 1987
Workforce: ~45,468
Company Working: Cree, Inc. operates as an innovator of lighting-class light emitting diode (LED) products, lighting products, and semiconductor products for power and radio-frequency (RF) applications. It operates through the following segments: Wolfspeed, LED Products, and Lighting Products. The Wolfspeed segment consist of silicon carbide (SiC) and gallium nitride (GaN) based components, power devices. The LED products segment includes LED chips, LED components, and SiC materials. The lighting products segment consists of LED lighting systems and bulbs for commercial, industrial, and consumer markets. The power and RF products segment include power and RF devices.
Strategy
Cree, Inc. focuses on long-term value creation by creating industry-leading products and solutions. Its core strategy is to enhance its technology innovation and investments in the development of state-of-the-art commercial products creating value for its business partners. The company invests in R&D of products which are energy efficient, reliable, and embedded with new functionalities.
