2009-04-22

Cree Posts Better-than-expected Third Quarter Revenue Due to Growth in LED Lighting

For the third quarter ended March 29, LED products maker Cree reported earnings of $4.0 million, compared with $5.7 million in the year-ago period, which is above market estimates. And the company has forecasted stronger-than-expected revenue for the fourth quarter.
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XLamp® XP-L Photo Red S Line LEDs Deliver High Efficiency for Horticulture Applications Revolutionizing Horticulture Lighting with Cree LED Cree LED is committed to delivering innovative lighting solutions for horticulture and agriculture,... READ MORE

For most of history, humans used flames to generate light. Eventually, they discovered that a super-heated metal element in a light bulb could produce useful illumination, only for this technology to be superseded by the LED. One common featur... READ MORE