Cree, Inc. (Nasdaq: CREE) introduces the XLamp® XP-G3 LED, delivering 31 percent more lumens and 8 percent higher lumens-per-watt (LPW) than the industry-leading XP-G2 LED. Leveraging key elements of Cree’s SC5 Technology™ Platform, the high-power XP-G3 LED improves the lumen density, voltage characteristics and reliability of previous XP-G generations. This best-in-class performance enables lighting manufacturers to deliver differentiated solutions at lower system costs for applications such as roadway, outdoor area, spot and high-bay lighting.