Cree Lighting Overview
Company Headquarters: US
Founded: 1987
Workforce: ~ 5,200
Company Working: Cree Lighting is a producer of light-emitting diode (LED) products for lighting and lighting goods 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 covers silicon carbide (SiC) and gallium nitride (GaN) materials, power devices and RF devices based on silicon (Si), and wide bandgap semiconductor materials. The LED products segment comprises LED chips, LED components, and SiC materials. LED lighting systems and bulbs for the commercial, industrial, and consumer industries comprise the lighting products segment. The power and RF products segment covers power devices and RF devices. Geographically, Cree Lighting divides its business into eight regions, namely the US, Taiwan, Malaysia, Japan, South Korea, Europe, China, and other countries.
Strategy
Cree Lighting focuses on technological innovation, which is critical to sustaining economic growth. The company focuses on integrating its products with the latest technologies, which supports a strong product portfolio. It plans on making continuous investments in consumer electronics and other solutions to support the services. The company provides powerful, flexible, secure, innovative, and easy-to-use technology-driven solutions.
