The Biden administration is unveiling a new proposed rule that, if enacted, would effectively phase out compact fluorescent light bulbs and move the US light bulb markets decisively to more energy-efficient LEDs.
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Researchers from North Carolina State University have developed a new process that makes use of existing industry standard techniques for making III-nitride semiconductor materials, but results in layered materials that will make LEDs and lasers more efficient.
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Cree on Wednesday reported a loss of $227.9 million in its fiscal third quarter, and its shares fell 10 percent in after-hours trading as investors reviewed the latest data.
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North Carolina State University researchers have developed a microfluidic system for synthesizing quantum dots across the entire spectrum of visible light which are used in a variety of ways from LEDs to solar power.
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Cree is continuing its transformation to a company more focused on its semiconductor and power supply business by selling its Lighting Products business group for as much as $310 million.
Read MoreThe head of LED lighting at Cree has left the company in the latest management change made by CEO Greg Lowe since he joined the technology conglomerate in 2017.
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General Electric’s slow-motion breakup with the lighting industry it pioneered continues. It’s selling commercial LED maker Current to private-equity firm American Industrial Partners.
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Cree’s board of directors is taking on a very different look with a very familiar Triangle life science exec and investor stepping down.
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Shares in LED, power and semiconductor technology conglomerate Cree jumped shortly after its latest quarterly earnings report topped Wall Street expectations for revenue and earnings. The Street-beating performance came despite a bottom-line impact from tariffs.
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