Cree

Cree Inc. spent $8 million to purchase 7 acres of property and expand its campus east of Research Triangle Park, including a four-story, 81,000-square-foot office building.

Cree announced a strategic partnership with ZF to advance the electric powertrain with a SiC-based inverter.

Cree announced a silicon carbide partnership with ABB to deliver automotive and industrial solutions.

Cree and STMicroelectronics expanded and extended their existing multi-year silicon carbide wafer supply agreement to more than $500 million, doubling the original value.

Cree and STMicroelectronics expanded and extended their existing silicon carbide wafer supply agreement to more than $500 million, doubling the original value announced earlier in 2019.

Cree and ZF Friedrichshafen announced a strategic partnership to develop highly efficient silicon carbide-based electric drivelines, with ZF expecting to make them available by 2022.

Cree will build a new automotive-qualified 200mm power and RF wafer fabrication plant in Marcy, New York, investing around $170 million. The facility is expected to bring more than 600 new jobs by the end of the decade.

Cree is continuing a mega materials factory expansion at its global headquarters in Durham, North Carolina, to increase silicon carbide material production capacity.

Delphi Technologies received a $2.7 billion order from a premier global OEM for volume production of 800-volt silicon carbide inverters, starting in 2022.

Delphi Technologies announced volume production of an 800V silicon carbide inverter for electric vehicles, enabling faster charging and extended range. The company secured a $2.7 billion customer win for volume production over eight years, with launch expected in 2022.

Cree, Inc. announced a public-private partnership with New York State to invest approximately $1 billion over six years to construct and equip a new 200mm silicon carbide wafer fabrication facility at the Marcy Nanocenter on the SUNY Poly campus. The project is expected to create over 600 full-time jobs.

Cree signed a multi-year agreement worth over $85 million to supply its Wolfspeed 150mm silicon carbide wafers to ON Semiconductor for electric vehicle and industrial applications.

Cree Inc. will invest up to $1 billion to expand silicon carbide capacity at its Durham, North Carolina campus, including a new 200mm wafer fab and a materials mega factory. The expansion is expected to increase wafer fabrication capacity up to 30-fold and materials production up to 30-fold by 2024.

Cree announced a multi-year agreement to supply its Wolfspeed silicon carbide wafers to STMicroelectronics, valued at $250 million. The deal covers 150mm bare and epitaxial wafers.

Volkswagen Group has selected Cree as its exclusive silicon carbide (SiC) partner for its Future Automotive Supply Track (FAST) Initiative, reflecting growing adoption of SiC in the semiconductor market.

Cree Inc. will invest up to $1 billion to expand its silicon carbide capacity in Durham, N.C., including an automotive-qualified 200mm silicon carbide fabrication plant and a materials mega-factory. Construction is expected to begin in 2019 with completion in 2024.

Cree, Inc. announced a $1 billion investment to expand silicon carbide capacity at its U.S. campus in Durham, N.C., including a 200mm SiC fabrication facility and a materials mega factory, aiming for up to 30-fold capacity increases by 2024.

STMicroelectronics is expanding its installed capacity for Silicon Carbide and starting production ramp-up for Gallium Nitride for RF devices. The company also announced a multi-year supply agreement with Cree.

Cree signed a multi-year agreement to supply $250 million of 150mm silicon carbide wafers to STMicroelectronics for automotive and industrial applications.

Cree has signed a long-term agreement worth more than $85 million to supply its Wolfspeed silicon carbide wafers to a leading power semiconductor manufacturer.

Cree, Inc. signed a long-term agreement valued at more than $85 million to supply its Wolfspeed 150 mm silicon carbide bare and epitaxial wafers to a leading global power device company.

Cree, Inc. and STMicroelectronics expanded an existing multi-year, long-term silicon carbide wafer supply agreement, now worth more than $800 million, for Cree to supply ST with 150mm silicon carbide bare and epitaxial wafers.

Cree announced a strategic long-term agreement to produce and supply its Wolfspeed silicon carbide wafers to Infineon Technologies. The agreement, valued at well over $100 million, covers advanced 150 mm SiC wafers for markets such as photovoltaic inverters and electro mobility.

Cree and San'an Optoelectronics formed a joint venture, Cree Venture LED Company, Ltd., to produce mid-power LED packaged products. Cree owns 51% and San'an 49%. The JV is located in Hong Kong and targets initial product sales in Q3 2017.

Cree is forming a joint venture, Cree Venture LED Company, with Sanan Optoelectronics to produce and deliver mid-power lighting class LED packaged products. Cree will own 51% and Sanan 49% of the joint venture, which will be located in Hong Kong.

Cree and San'an Optoelectronics are forming a joint venture, Cree Venture LED Company Ltd., to produce mid-power LED packaged products. Cree owns 51%, San'an 49%.