CREE's Division will be renamed intended to adjust the strategy?

CREE announced the power and radio department changed its name to Wolfspeed

CREE (CREE) announced that it will be its power (Power) and radio frequency (RF) division changed its name to Wolfspeed.

2015 CREE (Cree) announced that it would spin off various business groups. CREE's focus on advanced technology and patent research and development results, mainly in LED and LED lighting products gains.

CREE president and CEO Chuck Swoboda said: and Epistar signed a global patent cross licensing agreement, to expand the scope of CREE LED chips. This agreement allows both sides to attach importance to intellectual property rights under the premise of expanding LED lighting business. "

Break the silicon limit and improve power and wireless system mission under Wolfspeed will take up to 28 years of accumulated rich resources, new industry booming growth posture into the market, making good use of wide bandgap semiconductor technology and experience.

The new name combines two of CREE's most important corporate cultures and expertise, and makes the dynamic and RF components into two equally important units and operates independently. Wolfspeed will use the leadership, Kerui's global network, and provide customers with expertise to optimize the service category.

Wolfspeed to undertake the essence of CREE, including advanced technology, teamwork and the spirit of continuous innovation. The name also emphasizes the speed of CREE's commitment to customers and partners to make rapid service commitment is also different from other manufacturers.

Wolfspeed CEO Frank Plastina said: "we have established Wolfspeed in CREE solid industrial base, and in no sense, we successfully completed the transformation at the same time, we want again and customers to share our vision, plan and industry enthusiasm. "

As the industry only has extensive commercial silicon carbide (SiC) and gallium nitride (GaN) energy technology and wireless technology products company, Wolfspeed will continue to bring innovative services for customers, enhance the energy density, higher conversion efficiency and reduce the system size and weight.

These advantages will bring the system, low cost and better performance of smaller, and will eventually be able to bring more efficient means of transportation, energy, communications, electronic industry and market applications, to help achieve Wolfspeed vision to become the leading industry of the wide bandgap semiconductor brand.

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