Cree Signs Agreement for Expansion in Huizhou, China

Cree, Inc.  announced yesterday (Nov. 9) an agreement to purchase a 592,000-square-foot facility in Huizhou, Guangdong Province, China. The facility will be Cree’s first chip-production facility outside of North America and is targeted to also house future components manufacturing expansion.

“This investment enables us to expand our presence in China and demonstrates our commitment to serving the growing demands of both our local and global LED customers,” said Chuck Swoboda, Cree chairman and CEO. “We are building on a solid foundation in Huizhou with a strong local management team and a history of manufacturing excellence. We look forward to continued success in China as we drive the LED lighting revolution.”

More than half of Cree’s employees work in China, mostly at the current Huizhou factory. Cree recognizes the support of Party Secretary YeBin Huang and Mayor RuQiu Li during the site selection process.

Cree also announced that Huizhou is joining the Cree LED City® program, an international initiative aimed at promoting the deployment of energy-efficient LED lighting. Huizhou has completed several LED streetlight trials and is in the process of deploying LED streetlights in the ZhongKai Hightech Industrial Zone.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Veeco Instruments Inc. today announced that a global leader in optical communications laser manufacturing placed orders for multiple Lumina® Metal Organic Chemical Vapor Deposition (MOCVD) systems and multiple Spector® Ion Beam Sputter... READ MORE

Clive Davis, the iconic, award-winning record producer known for launching the careers of Whitney Houston, Bruce Springsteen, Janis Joplin, and more, chose Samsung to help transform his Westchester, New York home theater into a world-class cin... READ MORE