Cree, Inc. announced revenue of US $405.3 million for 3Q14, ended March 30, 2014. This represents a 16 percent increase compared to revenue of US $348.9 million reported for 3Q13. “Fiscal Q3 was a solid quarter as revenue and operating income were in line with our target range and the business is well positioned to grow in fiscal Q4,” stated Chuck Swoboda, Cree Chairman and CEO.

Cree, Inc. introduces the LS Series linear LED luminaire, designed to replace the hundreds of millions of fluorescent strip, wrap and industrial fixtures currently installed in North America. The Cree® LS Series linear LED luminaire offers a market leading combination of sleek aesthetics and high performance, and complements Cree’s extensive troffer and linear luminaire portfolio.

Cree, Inc. introduces the new 8000-lumen LMH2 LED Module, a no-compromise, easy-to-use solution for high-ceiling applications. The 8000-lumen LMH2 is designed to replace 150-watt ceramic-metal-halide (CMH) lamps while using only 63 percent of the power and lasting three times as long. With the addition of the 8000-lumen LMH2, the Cree® LMH2 LED Module family offers the industry’s greatest range of lumen output from a single form factor, making it possible to obsolete CMH technology.

Cree, Inc. records another significant LED milestone with the demonstration of 303 lumens per watt from a white, high-power LED. Reaching the landmark achievement much faster than previously believed possible, this result surpasses Cree’s previous R&D industry-best of 276 lumens per watt announced just over a year ago.

Cree, Inc. introduces the XLamp XB-H LED, the brightest discrete in Cree’s high-density (HD) class of LEDs, delivering a breakthrough combination of lumen output and efficacy in a small package. The XB-H LED brings the lighting-class performance of the XP-G2 LED into a package that is 50 percent smaller. Delivering more than 500 lumens at 1.5 A, 25º C in a 2.45 x 2.45-mm package, the Cree® XB-H LED can enable luminaires that use the same-size-footprint XB-D LED to triple their light output at the same efficacy. 

In just one year, the Cree® LED Bulb has become the best-selling LED bulb in America, enabling more than US$1 billion* in lifetime energy savings for consumers. Cree and The Home Depot®are continuing the successful formula of delivering innovative products at a price that gives consumers more reasons to replace their energy-wasting incandescent bulbs by lowering the prices of the Cree LED Bulb product line by as much as 23 percent. 

LIGHTUP LED released its auto LED light bar collection, which comes with CE and RoHS approval. With CREE LED chips, these LED light bars are waterproof, dust-proof and explosion proof. Their quality and lumens have been greatly improved by the advanced technology and experience of LIGHTUP LED.

 Cree, Inc. (Nasdaq: CREE) is expanding its outdoor lighting portfolio with the new XSP Series Area LED luminaire and the XSPW™ Wall Pack LED luminaire, which cut energy consumption by 65 percent* and nearly eliminate maintenance costs to easily replace the millions of outdated HID luminaires currently installed in North America. 

Three new LED arrays from Cree, Inc. redefine what is possible for LED lighting in high-intensity applications. The Cree® XLamp® CXA2590, CXA1850 and CXA1310 High-Density LED Arrays double the light output of existing standard-density CXA LED arrays without increasing the size. 

Headquartered in Cary, North Carolina, U.S., LORD Corporation is a diversified technology and manufacturing company developing highly-reliable adhesives, coatings, motion management devices and sensing technologies that significantly reduce risk and improve product performance. With 15 manufacturing facilities and nine R&D facilities worldwide, LORD’s commitment to finding innovative ways to create more sustainable workplaces for its more than 2,900 employees led to Cree, the industry leader in LED lighting.

Cree introduces SmartCast™ Technology, the first self-programming wireless lighting-control system that reduces energy consumption by more than 70 percent*, at half the cost of traditional lighting controls. Intuitive and easy to use, luminaires enabled with Cree SmartCast Technology remove the initial and ongoing complexity associated with lighting controls, allowing customers to realize the full savings potential of lighting controls with benefits they’ve never had before. 

Cree is redefining commercial lighting with the ZR Series LED troffer, delivering a new category of performance, affordability and inspired design. Featuring Cree TrueWhite® Technology, the ZR Series LED troffer delivers superior color quality (> 90 CRI) in an ultra-slim, sleek package at a remarkable initial price of US$ 99.* The ZR Series LED troffer cuts energy consumption in half, and with standard 0–10V dimming can accelerate its already rapid two-year payback.** 

Cree’s has won over investor’s support as its recently published 2Q14 financial report reflected good financial performance. Cree’s stock prices were up 7.7 percent to US$ 67.33, and accumulated growth from the last 12 months was 65 percent. Due to the company’s soaring growth in the LED lighting field, the company’s income and profits have been maintained at higher levels, which in turn alleviated investors concerns of profit pressure.

Cree, Inc. raises the performance bar again with the demonstration of the first 200-lumen-per-watt (LPW) LED concept luminaire, which is more than twice the efficiency of the best linear fluorescent luminaires. The latest Department of Energy (DoE) projections* had estimated that this level of luminaire efficiency would not occur until after 2020, but Cree’s latest innovation has made this possible six years sooner than projected. The prototype leverages Cree’s vertical integration with innovations in LED chips, optics, materials technology and novel system design to deliver unprecedented performance.

Cree, a market leader in LED lighting, announced revenue of US$ 415.1 million for its second quarter of fiscal 2014, ended December 29, 2013. This represents a 20 percent increase compared to revenue of US$ 346.3 million reported for the second quarter of fiscal 2013, and a 6 percent increase compared to the first quarter of fiscal 2014. 

Cree will announce the company's 2Q14 earnings during a webcast on January 21st.

Cree, Inc. introduces the CXB High-Bay LED luminaire, the first LED fixture designed to compete directly with the 67 million traditional high-bay luminaires currently installed in North America. Cree® CXB High-Bay LED luminaire delivers 23,000 lumens and provides an unmatched combination of high performance and affordability, eliminating the need for energy-wasting fluorescent and HID high-bay luminaires.

Since the launch of its Impact series of LED video display panels—featuring Cree® high-brightness SMD (Surface-mount diode) LEDs—Lighthouse has dominated the outdoor SMD LED display market with more than 107,639 square feet (10,000 square meters) of active outdoor SMD LED area. Powered by LEDs from Durham, N.C.-based Cree, Lighthouse and its partners have wowed people around the world with record breaking installations such as the 2013 display at Safeco Field, home of Major League Baseball’s Seattle Mariners (Impact 16).

Cree is providing LED technology to power the apron and exterior lighting systems of Munich Airport (FMG), the seventh largest international hub in Europe, serving 38 million passengers per year. Cree collaborated with ewo, a manufacturer of high-quality lighting systems for public areas, whose F32 flood lights are replacing high-pressure sodium lamps in the airport’s high mast systems. The F32 was specifically designed to seamlessly integrate into the existing apron lighting at Munich Airport, and each one is illuminated by as many as 288 Cree® XLamp® XT-E LEDs.

As the lighting industry evolves to solid state lighting, so do the requirements for LED assembly adhesives, sealants and functional coatings used in the manufacture of light-emitting diode bulbs, lamps, light fixtures and luminaries.

Starting next year, the U.S. government phase out of incandescent bulbs goes into effect in hopes of encouraging consumers to switch to more energy efficient lighting. Although consumers recognize the benefit of LEDs, the high prices are still hard to swallow. That however is all about to change with companies such as Cree and Walmart launching LED bulbs at cost-friendly prices. With prices as low as US $ 10, LED manufacturers are feeling the heat in the increasingly fierce price competition.

Cree, Inc. is building on the industry’s most versatile LED street light portfolio with the LEDway® High Output (HO) LED street light. With its higher lumen output, the new LEDway HO LED street light enables the LEDway Series to address large multi-lane freeways and expressway applications, easily replacing inefficient High Pressure Sodium (HPS) lighting up to 400W from a single platform. The Cree® LEDway HO LED street light provides highly focused, directional light at nine adjustable lumen output levels, reducing energy consumption by more than 50 percent compared to outdated HPS street lights in most roadway applications.

Cree, Inc. marks another milestone in LED lighting with the introduction of the new Cree® LED 75-watt Replacement Bulb. 

Cree, Inc. announced the appointment of Norbert Hiller as Executive Vice President Lighting, effective immediately. Hiller brings more than two decades of commercial and operational LED lighting leadership to his new role. Hiller has served as Cree’s Executive Vice President LEDs since October 2011.

The Albuquerque Convention Center, a multi-purpose event complex with more than 270,000 square feet of meeting and exhibit space, recently selected energy efficient LED lighting from Cree, Inc. (Nasdaq: CREE) to improve the facility and provide better illumination for visitors. Powered by Cree TrueWhite® Technology and Lutron® controls, the LED luminaires deliver superior light quality to the East Complex of the Convention Center, while reducing the Convention Center’s annual lighting energy usage from an industry standard 40 percent to just 7.6 percent of its total energy usage.

CRS Electronics Inc. ("CRS" or the "Company"), a developer and manufacturer of LED lighting products, today announced they have selected Cree to provide the LEDs for their new QuantumLED commercial lamp (bulb) brand. QuantumLED lamps will feature Cree's latest XP-G2 LED technology.

Cree, Inc., a market leader in LED lighting, today announced revenue of US$ 391.0 million for its first quarter of fiscal 2014, ended September 29, 2013. This represents a 24% increase compared to revenue of US$ 315.8 million reported for the first quarter of fiscal 2013, and a 4% increase compared to the fourth quarter of fiscal 2013. GAAP net income for the first quarter was $30.5 million, or US$ 0.25 per diluted share, an increase of 89% year-over-year compared to GAAP net income of US$ 16.1 million, or US$ 0.14 per diluted share, for the first quarter of fiscal 2013. On a non-GAAP basis, net income for the first quarter of fiscal 2014 was US$ 47.3 million, or US$ 0.39 per diluted share, an increase of 49% year-over-year compared to non-GAAP net income for the first quarter of fiscal 2013 of US$ 31.8 million, or US$ 0.27 per diluted share.

The Home Depot, the world's largest home improvement retailer, announced on October 9 that Cree won the retailer's 2013 Innovation Award for its LED light bulb. The annual award recognizes the most revolutionary new products that provide true benefits to consumers and the companies that exceeded expectations in sales, service and program execution. Mohawk Soft Spring Carpet received first runner-up honors for Soft Spring Carpet, and Plantation Patterns Patio won second runner-up honors for its Create Your Own Collection patio furniture. Cree, Inc. introd...

Cree Edge High-Output TrueWhite LED Luminaire Delivers Breakthrough Color Performance, Helps Improve Bottom Lin. 

Lowered LED bulb prices by Cree in 2013 proved effective. The low price policy not only successfully drove sales for LED bulbs but also lead to stock prices doubling for 2013. Goldman Sachs newest report lists four major reasons for its positive outlook on Cree, which include incandescent bulbs exiting the market en masse, rebound in U.S. commercial construction projects, North American green building demands, and Cree’s increasing penetration rate in the Chinese LED market.