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In June 2024, Wolfspeed has delayed its $ 3 billion semiconductor plant in
Germany to mid-2025, reflecting the EU's challenges in boosting local chip production. The delay underscores issues with the EU Chips Act, as few projects have progressed, jeopardizing the goal of achieving 20% global market
342:(LED) lighting, a light source first demonstrated in 1907 with an electrically charged diode of silicon carbide. The research team devised a way to grow silicon crystals in the laboratory, and in 1987 founded the company to produce SiC to be used commercially in both semiconductors and lighting.
337:
In 1983, the founders – one a research assistant professor and the others student researchers – were seeking ways to leverage the properties of silicon carbide to enable semiconductors to operate at higher operating temperatures and power levels. They also knew silicon carbide could serve as the
489:
investigations into the company have uncovered 17 workplace safety violations, including six serious violations. During this same time period, the
Raleigh NC OSHA office completed over 5,400 investigations that resulted in one or more violations for hundreds of other local companies.
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675:
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agreed to acquire the company's
Wolfspeed RF and power electronics devices unit for $ 850 million. However, the deal was terminated in February 2017 due to regulators’ national security concerns.
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485:. The incident sparked a state investigation into his death as well as public concern for the company's poor work safety record. In the past 10 years, state
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851:"Wolfspeed To Transfer to the New York Stock Exchange and Trade Under New Ticker Symbol "WOLF"; To Host Investor Day in NYC on Wednesday, Nov. 17"
514:
812:
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In
February 2023 it announced it would build its first European factory in Germany. It is supposed to be on the site of a former coal plant in
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983:"Wolfspeed Announces Plan to Construct World's Largest, Most Advanced Silicon Carbide Device Manufacturing Facility in Saarland, Germany"
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In 1989, the company introduced the first blue LED, enabling the development of large, full-color video screens and billboards.
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676:"Cree Launches New High-Performance XLamp® XT-E Royal Blue LED and Patent Licensing Program for Remote Phosphor Applications"
1008:
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In
November 2022, the company announced that co-founder and Chief Technology Officer John Palmour had died.
407:
In
September 2019, the company announced a $ 1 billion investment in a semiconductor manufacturing plant in
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323:
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On
October 13, 2022 a facilities electrician was electrocuted at the Wolfspeed Research Triangle Park in
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327:
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In March 2018, the company acquired the RF Power
Business Infineon Technologies AG's for €345 million.
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876:
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813:"Cree to build $ 1 billion silicon carbide wafer plant near Utica; state gives $ 500 million grant"
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In March 2021, the company sold its LED Business to SMART Global
Holdings for up to $ 300 million.
349:
411:
to build the world’s largest silicon carbide fabrication facility with a $ 500 million grant from
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In May 2019, the company sold its
Lighting Products division (now branded as Cree Lighting) to
958:
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1178:"Case Study: Cree, Inc. Local Markets and Global Competitiveness: A Value Chain Analysis"
379:
In 2013, the company's first consumer products, two household LED bulbs, qualified for
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In August 2011, the company announced the XLamp XT-E Royal Blue LED for use in remote
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326:. Five of the six founders – Neal Hunter, Thomas Coleman, John Edmond, Eric Hunter,
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551:"30 years later: A tech founder's perspective on what it takes to disrupt markets"
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102:
1059:"After Wolfspeed worker killed on job, NC labor department opens investigation"
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had entered into a definitive agreement to acquire Wolfspeed's RF business.
421:
37:
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555:
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17:
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833:"Cree Completes Sale of its LED Business to SMART Global Holdings, Inc"
573:"Cree Becomes Wolfspeed, GM Deal Signals The Coming End Of The ICE Age"
534:
432:
In April 2022, the Marcy, New York, facility opened. New York Governor
366:
In 1999, the company name was changed from Cree Research to Cree, Inc.
77:
578:
88:
695:"Cree's LED bulb now Energy Star, qualifies for up to $ 5 price cut"
756:"Cree Closes on the Sale of Cree Lighting to IDEAL INDUSTRIES, Inc"
348:
In 1991, the company released the first commercial silicon carbide
420:
309:
301:
202:
926:"Wolfspeed co-founder John Palmour, lifelong NC State fan, dies"
1182:
Center on Globization, Governance, & Competitiveness (CGGC)
369:
In 2011, the company acquired Ruud Lighting for $ 525 million.
1032:
Sterling, Toby; Steitz, Christoph; Ersen, Hakan (2024-06-19).
771:"$ 1 billion semiconductor plant to be built in Mohawk Valley"
1176:
Gereffi, Gary; Ahmed, Ghada; Lowe, Marcy (October 22, 2010).
458:(IPCEI) for Microelectronics and Communication Technologies.
1136:
429:
In October 2021, the company changed its name to Wolfspeed.
1034:"Wolfspeed plant delayed as EU's chipmaking plans flounder"
951:"Germany Wants More Chip Makers, but They Won't Come Cheap"
530:"'50 Who Matter' Media Spotlight Shines on Cree Co-Founder"
425:
Cree Inc. logo, used prior to the October 2021 rebranding.
249:
291:, and wireless systems. The company was formerly named
1009:"MACOM agrees to acquire the RF Business of Wolfspeed"
287:
applications such as transportation, power supplies,
511:"Wolfspeed, Inc. FY 2024 Annual Report (Form 10-K)"
314:9.5 watt 800 lumen dimmable lamp bulb, with 2700 K
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599:Institute of Electrical and Electronics Engineers
1251:Manufacturing companies based in North Carolina
1231:Companies listed on the New York Stock Exchange
635:"Cree proposes a public offering, changes name"
615:"Now 25, Cree Inc. closes in on $ 1B threshold"
792:"Cree plans $ 1B semiconductor plant in Marcy"
454:as a coinvestor and susidized by the EU as an
456:important project of common European interest
385:United States Environmental Protection Agency
271:is an American developer and manufacturer of
8:
1241:Semiconductor companies of the United States
866:
864:
30:
717:"Cree and Infineon Call Off Wolfspeed Deal"
594:"SILICON CARBIDE: SMALLER, FASTER, TOUGHER"
738:"Cree acquires Infineon RF Power Business"
656:"Ruud Lighting acquired for $ 525 million"
36:
29:
1236:Electronics companies established in 1987
1226:Companies based in Durham, North Carolina
758:(Press release). Wolfspeed. May 13, 2019.
873:"Wolfspeed opens Mohawk Valley chip fab"
322:The company was founded in July 1987 in
1195:from the original on November 29, 2015.
515:U.S. Securities and Exchange Commission
499:
330:, and Calvin Carter – are graduates of
1221:American companies established in 1987
465:-headquartered semiconductor company,
131:Research Triangle Park, North Carolina
811:Moriarty, Rick (September 23, 2019).
790:Rulison, Larry (September 23, 2019).
714:Armental, Maria (February 16, 2017).
505:
503:
461:In August 2023, it was announced the
7:
1007:Joosting, Jean-Pierre (2023-08-22).
283:materials and devices for power and
1202:opening ceremony of upstate NY Fab.
1143:Business data for Wolfspeed, Inc.:
899:"What's Down the Road for Silicon?"
613:Ohnesorge, Lauren (July 13, 2012).
27:American semiconductor manufacturer
1246:Light-emitting diode manufacturers
654:Burke, Michael (August 17, 2011).
25:
769:Young, Liz (September 23, 2019).
549:Palmour, John (August 24, 2017).
871:Colon, Shayla (April 25, 2022).
226:
225:
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776:American City Business Journals
693:Funk, John (October 10, 2013).
640:American City Business Journals
620:American City Business Journals
570:Shih, Willy (October 4, 2021).
332:North Carolina State University
260:Footnotes / references
1107:"Establishment Search Results"
1083:"Establishment Search Results"
897:Zeeberg, Amos (May 16, 2022).
355:In 1993, the company became a
1:
1216:1993 initial public offerings
1057:Gordon, Brian (2022-10-19).
949:Eddy, Melissa (2023-03-27).
528:Smith, Rick (July 2, 2007).
273:wide-bandgap semiconductors
142:Wide-bandgap semiconductors
114:; 37 years ago
1267:
318:, introduced in March 2013
258:
35:
1063:The News & Observer
723:The Wall Street Journal
361:initial public offering
213:US$ 7.98 billion (2024)
196:US$ –864 million (2024)
179:US$ –445 million (2024)
483:Durham, North Carolina
426:
324:Durham, North Carolina
319:
307:
230:US$ 882 million (2024)
48:Cree, Inc. (1999–2021)
857:. September 16, 2021.
742:Infineon Technologies
602:. September 27, 2011.
424:
392:Infineon Technologies
313:
305:
877:Times Union (Albany)
661:Racine Journal Times
440:spoke at the event.
340:light-emitting diode
930:www.bizjournals.com
487:Department of Labor
236:Number of employees
32:
955:The New York Times
904:The New York Times
643:. January 3, 2000.
517:. August 22, 2024.
452:ZF Friedrichshafen
427:
320:
308:
306:XLamp 7090 XR-E Q4
987:www.wolfspeed.com
853:(Press release).
835:(Press release).
818:The Post-Standard
740:(Press release).
682:. August 2, 2011.
678:(Press release).
448:Ensdorf, Saarland
316:color temperature
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16:(Redirected from
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839:. March 1, 2021.
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402:Ideal Industries
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473:share by 2030.
436:and US Senator
409:Marcy, New York
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289:power inverters
285:radio frequency
281:gallium nitride
277:silicon carbide
269:Wolfspeed, Inc.
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1113:. 2023-03-07
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989:. 2023-02-01
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328:John Palmour
321:
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240:5,013 (2024)
220:Total equity
203:Total assets
127:Headquarters
53:Company type
1163:SEC filings
797:Times Union
381:Energy Star
160:807 million
103:Electronics
91:: CREE
83:S&P 600
1210:Categories
1117:2023-03-07
1092:2023-02-05
1068:2023-02-05
1043:2024-06-20
1018:2023-08-22
993:2023-03-28
968:2023-03-28
935:2022-11-16
494:References
376:lighting.
293:Cree, Inc.
186:Net income
1148:Bloomberg
963:0362-4331
477:Incidents
338:diode in
250:wolfspeed
85:component
65:Traded as
18:Cree Inc.
1200:Official
1190:Archived
556:LinkedIn
374:phosphor
138:Products
99:Industry
45:Formerly
1158:Reuters
1038:Reuters
910:May 16,
882:May 16,
535:WRAL-TV
359:via an
298:History
245:Website
148:Revenue
117: (
109:Founded
76::
1168:Yahoo!
1153:Google
961:
579:Forbes
463:Lowell
162:(2024)
133:, U.S.
89:Nasdaq
57:Public
1193:(PDF)
467:MACOM
450:with
350:wafer
1111:OSHA
1087:OSHA
959:ISSN
912:2022
884:2022
279:and
252:.com
158:US$
119:1987
112:1987
78:WOLF
74:NYSE
1212::
1188:.
1184:.
1180:.
1109:.
1085:.
1061:.
1036:.
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928:.
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863:^
815:.
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502:^
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1021:.
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
