Major Business and Product Milestones

2010
August Announced the development of high-quality 150-mm SiC substrates
August Announced XLamp MX-3 LEDs
August Announced the availability of the company’s six-inch LED downlights through The Home Depot
August Announced the beginning of construction on the world’s first all-LED-lighting Habitat for Humanity house
August Announced the extension of EasyWhite Technology to its LMR4 LED modules
July Announced the release of XLamp MP-L and MC-E EasyWhite LED bins based on a single two-step MacAdams ellipse
July Announced a comprehensive, worldwide patent cross-license agreement with Philips
May Announced the development of five new GaN HEMT MMIC amplifiers
May Announced a three-year, $1.5 million pledge to provide high-efficiency Cree LED downlights for the kitchens in all new Habitat for Humanity homes built in the United States
May Announced the LR6-DR1000 downlight
May Announced general availability of the CR6 LED downlight
May Announced the LR24HE 100 lumens-per-watt troffer fixture
May Announced the LBR-30 retrofit lamp
May Announced the extension of warranties for LED lighting fixtures to five years
April Announced the Z-Rec™ 1700-V Junction Barrier Schottky Diode Series of products
April Announced that new XLamp XM LEDs achieve 160 lumens per watt at 350 mA
April Announced new product line of LED modules employing Cree TrueWhite® Technology
March Hosted Vice President Joe Biden  and Energy Secretary Steven Chu for a company tour and press conference regarding job creation
March Released XLamp XP-G LEDs in warm- and neutral-white color temperatures
February Announced an R&D result of 208-lumens-per-watt white power LED
February Released the XLamp MP-L LED with EasyWhite® Technology
January Signed a distribution agreement with Arrow Electronics, Inc.  for SiC power products
January Announced the demonstration of the Cree CR6 LED downlight
2009
December Acquired semi-insulating silicon-carbide and power-device patent portfolio from Daimler AG
December Announced R&D results of 186 lumens per watt for a white power LED
November Announced an agreement to purchase a 592,000-square-foot facility in Huizhou, Guangdong Province, China, for chip production
November LRP-38 LED light bulbs selected for initial 650-store deployment at Walmart
October Announced commercial availability of the XLamp® MX-6 LED
October Announced the expansion of its North Carolina manufacturing capacity
October Announced the expansion of its North Carolina manufacturing capacity
September Announced the commercial availability of the XLamp® XP-G LED
September Announced that the underwriters of its recent public offering of common stock have fully exercised their overallotment option, resulting in the issuance of an additional 1,650,000 shares
September Announced public offering of 11,000,000 shares of common stock
July Released line of advanced Z-Rec™ silicon-carbide power diodes
June Introduced IPx5-rated tri-color LEDs for full-color displays
June Demonstrated 120-watt and 180-watt high-efficiency GaN HEMT amplifiers
June Announced the first public demonstration of a record 50 percent efficiency Doherty transistor amplifier with digital pre-distortion
June Signed a definitive agreement with RFHIC Corporation (Suwon, Korea) to supply GaN-on-SiC transistors to RFHIC for their GaN HEMT amplifier product families
May Demonstrated a prototype version of the LR6 LED recessed downlight that consumes just 6.5 W of electricity
April Demonstrated 132 lumens-per-watt XLamp XP-G LED
April Introduced the LRP-38 LED lamp
April Announces industry’s smallest ANSI-compliant warm/neutral LED bins
April Awarded ENERGY STAR® qualifications for LR6, LR5 and LR4 LED downlights
March Launched the Product Characterization Tool, an interactive LED design tool that simplifies the task of translating nominal LED performance to real-world conditions
February Demonstrated a dual-switch, 1200-volt, 100-amp power module featuring all-SiC semiconductors
January Announced the sample release of two 120-W, highly efficient GaN HEMT microwave transistors for telecommunication applications such as W-CDMA, LTE and WiMAX
January Entered into an exclusive patent license agreement with Mitsubishi Chemical Corporation (MCC) on the sale of GaN substrates
January Announced planned installation of more than 4,200 LR24 recessed LED luminaires in Wedge 5 of the Pentagon
2008
December Announced the high-volume availability of lighting-class XLamp® XP-E LEDs with output up to 122 lumens
December Announced the sample release of a highly efficient 120-watt GaN HEMT microwave transistor for general-purpose military and industrial applications
December Announced volume availability of LR24 recessed LED luminaire
November Demonstrated 161 lumens per watt from a high-power LED
October Announced the release of its new-generation high-brightness 4-mm and 5-mm oval LEDS in blue, green and red
October Announced strategic agreement with Zumtobel for LED downlights in Europe
September Announced commercial availability of XLamp MC-E LED
August Announced XLamp XP-E and XP-C LEDs
July Opened engineering center in Shenzhen, China
June Announced first commercially available GaN RF MMIC products
June Introduced industry’s first GaN HEMT products for 5-GHz WiMAX applications
May Announced patent agreement With Toyoda Gosei
May Announced volume shipments of LR4 downlights
April Announced global availability of LR6 downlights
March Acquired LED Lighting Fixtures, Inc.
2007
November Launched Cree Solution Provider program
November Announced corporate conversion to LED lighting
October Announced commercial release of 100-mm, Zero Micropipe SiC substrates
October Introduced 8-A, 600-V, Zero Recovery SiC rectifier for computer servers
September Achieved 1,000 lumens from a single LED
June Announced commercial availability of XLamp LEDs with minimum luminous flux of 100 lumens at 350 mA
June Introduced blue XLamp XR-E LEDs
June Introduced GaN HEMT for broadband applications
May Demonstrated 100-mm, Zero Micropipe SiC substrates
April Acquired COTCO Luminant Device Ltd. of Hong Kong
March Expanded the XLamp XR-E and XR-C series of LEDs with warm white color temperatures
February Introduced the EZBright700 LED power chip
February Introduced the XLamp XR-C series of LEDs
2006
October Delivered the XLamp XR-E Series LED, the first 160-lumen white power LED
August Introduced EZBright1000™ LED power chip for general lighting applications
July Introduced 2-amp rectifier for PC power supplies
June Demonstrated 400 watts of RF power for GaN S-Band transistors
June Demonstrated a 131-lumens/watt white LED
May Introduced GaN HEMT for WiMAX power transistors
April Introduced the EZR™ LED chip for the EZBright family
March Introduced the EZBright™ family of LED chips
February Introduced the XR series of XLamp LEDs
January Demonstrated a 100-kVA SiC Three Phase Inverter
2005
September Introduced 100mm (4”) SiC substrate and epitaxy material
September Achieved 70 lumens per watt with XLamp 7090 LED in R&D
July Introduced 3-watt XLamp
June Introduced SiC MESFETS for WiMAX power amplifiers
June Introduced RazerThin 230 LED product
June Introduced MegaBright 290 Gen 2 LED Product
May Introduced Colorwave™ backlight solution for LCD TVs & monitors
May Introduced brighter blue and green XB900™ power LEDs for LCD BL
February Achieved 56 lumens from one-watt white XLamp LED in R&D
February Achieved standard LED efficiency of 100 lumens/watt in R&D
2004
November Announced XLamp 7090
July Launched XLamp® LED product line
May Launched brighter XThin LED product
January Expanded XThin® LED product family
2003
July Introduced RazerThin® LED products
June Demonstrated 100 mm semi-insulating SiC substrates
June Introduced LDMOS products for avionics and radar markets
June Introduced MegaBright Plus™ and XBright Plus™ blue LEDs
March Introduced second-generation SiC MESFET RF transistor
February Released 1200 V SiC Schottky rectifier
2002
August Introduced 20-A, 600-V, Zero Recovery® SiC rectifier
February Introduced XBright power chip
January Introduced green 525 MegaBright LED
January Introduced 10-A, 600-V, SiC Schottky rectifier
2001
December Demonstrated 108 W at 2 GHz from GaN RF devices
November Announced blue laser lifetimes in excess of 1,000 hours
November Introduced green 505 MegaBright LED
October Introduced XBright® blue LED
July Introduced 12 mW UV LEDs
July Introduced first SiC Schottky diodes
July Introduced 4H and 6H 3-inch SiC wafers
May Introduced MegaBright® blue LED
April Introduced 3-inch 4H SiC wafers
February Demonstrated 32-percent quantum efficiency with near-UV LED
2000
October   Introduced UltraBright® blue and green LEDs
August Announced high-power 10 GHz GaN HEMT
June Introduced lower-current InGaN blue and green LEDs
May Demonstrated 12.3 kV high-efficiency SiC power rectifier
1990s
October 1999 Demonstrated 4-inch SiC wafer
June 1999 Introduced 48 V, 10 W SiC MESFET RF device
May 1999 Introduced InGaN blue and green LEDs
March 1998 Demonstrated high-power microwave SiC MESFET
September 1997 Introduced 2-inch SiC wafer
June 1997 Demonstrated pulsed GaN blue laser at room temperature
May 1997 Announced reduced micropipe 4 HN SiC wafers
June 1995 Introduced Nitride-based blue LED
October 1993 Developed SiC microwave transistors operating up to 12.9 GHz
September 1993 Introduced brighter version blue LED
August 1993 Introduced 4H SiC wafer
February 1993 Initial public offering
October 1991 Released world’s first commercial SiC wafers
1980s
August 1989 Introduced first blue LED
July 1987 Cree founded