2015-03-09

Royal Oak Ford Retailer Saves Up with Cree LED Upgrade

CGE Energy (currently trading as MKBY:OTCPink) has made strides in the automotive sales industry by bringing real energy savings with Cree® LED lighting to a large number of car dealerships. Royal Oak Ford of Southeast Michigan recently became another recipient of these energy savings.
Continue reading
2015-02-13

Cree Adds Intelligent Color to SmartCast Technology

Industry-Leading CR Series Troffer with SmartCast Technology Now Features Field Adjustable CCT, Delivering Customized and Dynamic Lighting Solutions
Continue reading
2015-02-13

U.S. International Trade Commission Opens Investigation into Cree LED Lighting Patent Infringement Case

Cree announced that the U.S. International Trade Commission (ITC) has agreed to open an investigation into unfair trade practices by Feit Electric Company, Inc. and its Asian supplier, Unity Opto Technology Co., Ltd. The investigation includes allegations of infringement of 8 Cree patents related to LED lighting and Feit’s false and misleading advertising claims, including that certain of its products meet ENERGY STAR® specifications. The decision to open an investigation comes after Cree filed a complaint on January 12, 2015, requesting an investigation by the ITC.
Continue reading
2015-02-11

Ford Dealership Looks to CGE Energy and CREE LED Lighting for Energy Efficiency

Looking to greatly lower their overall energy costs, modernize their fixtures, and provide better lighting for nighttime sales without having to succumb to overwhelming operation costs, the owner of Briarwood Ford in Saline, Michigan, Steve Whitener, called on CGE Energy (CGE, currently trading as (OTC PINK: MKBY)) for their expertise, and CGE delivered.
Continue reading
2015-02-10

Cree Selected by Fast Company Among the World’s 50 Most Innovative Companies in 2015

Cree. announced that Fast Company Magazine has ranked it among the Top 50 Most Innovative Companies worldwide. In addition to that distinction, the company has also been ranked number one in Fast Company’s annual Top 10 Most Innovative
Continue reading
2015-01-30

Global LED Industry’s Second Patent War

Recent patent litigations launched by major LED companies aim straight at latecomers in Chinese and Taiwanese LED industry, who have insufficient patent portfolio. The LED market will be restructured to focus on major LED companies with extensive patent portfolio and technological strengths.
Continue reading
2015-01-28

Cree Lights up Super Bowl

The Super Bowl XLIX to kick off at University of Phonex Stadium this Sunday will be putting on a show in a different light, according to a News and Observer report.
Continue reading
2015-01-27

Cree Lays off 300 Contract Workers

A recruiting and staffing firm for Cree has laid off 319 contract workers that work for the LED company in Durham, North Carolina, U.S., according to a news & observer report.
Continue reading
2015-01-22

Cree Launches High Power Ceramic COB LED

Building on the success of the groundbreaking XLamp® MH family of LEDs, Cree introduces the XLamp MHD-E and MHD-G LEDs, the high-power LEDs that combine the high lumen density and reliability of a ceramic chip-on-board LED with the design and manufacturing advantages of a surface-mount package. Utilizing elements of the Cree SC5 Technology™ Platform, the ceramic XLamp MHD LEDs simplify development, increase design flexibility and improve manufacturing efficiency compared to mid-power LEDs. The MH family enables new designs and significantly lower system costs, all while delivering industry-leading performance.
Continue reading
2015-01-21

Cree Reports Slight Revenue Decline for 2Q15

Cree, a market leader in LED lighting, today announced revenue of $413.2 million for its second quarter of fiscal 2015, ended December 28, 2014, which is similar to revenue of $415.1 million reported for the second quarter of fiscal 2014. GAAP net income for the second quarter was $12.2 million, or $0.10 per diluted share, a decrease of 66% year-over-year compared to GAAP net income of $35.7 million, or $0.29 per diluted share, for the second quarter of fiscal 2014.
Continue reading
2015-01-16

Cree Launches Low-Priced Industry Compatible Smart Bulb

Cree introduces the Connected Cree® LED Bulb, the first smart LED bulb to deliver the combination of the lighting experience customers expect from Cree with industry-leading simplicity, multi-platform compatibility and affordability. The new 60-watt replacement Connected Cree LED Bulb is compatible with Wink and ZigBee® certified hubs and is available at The Home Depot® for just US $14.97, a price poised to drive adoption.
Continue reading
2015-01-15

Unity Opto to Take Legal Action Against Cree

Taiwanese LED manufacturer Unity Opto Technology (Unity Opto) is planning to retaliate against Cree’s recent patent infringement lawsuit, according to a Money DJ report.
Continue reading
2015-01-13

Cree Strives to Maintain Market Dominance with Aggressive Legal Actions

Cree’s act of filing lawsuits against Feit Electric and Unity Opto recently shows the firm’s struggle to maintain dominance in U.S. LED lighting market amid growing popularity of LED lighting products, according to a Bloomberg report.
Continue reading
2015-01-13

Unity Opto 2015 Revenue Performances Unaffected by Cree Patent Lawsuit

U.S. LED manufacturer Cree’s recent lawsuit against Unity Opto and its luminaire client Feit Electronics will not impact the company’s revenue performance in 2015, a UDN report cited Unity Opto Spokesperson Jacky Wen saying.
Continue reading
2015-01-13

[Breaking News] Cree Files LED Bulb Patent Infringement Lawsuits Against Unity Opto and Feit Electric

Cree has filed complaints with the U.S. International Trade Commission (ITC) and the U.S. District Court for the Western District of Wisconsin against Feit Electric Company, Inc. and its Asian supplier, Unity Opto Technology Co., Ltd., to curb infringement on Cree’s patented technologies and to address Feit’s false and misleading advertising claims that certain of its products meet ENERGY STAR® specifications. The suits allege infringement of 10 patents related to LED lighting.
Continue reading
2015-01-05

Westcor Land Title Insurance Company upgrades to energy-efficient LED lighting

In 2004, Mary O’Donnell and Susan Pelham opened their first office in the unfinished ground floor of an Orlando-area office building. Ten years, eleven offices and almost 200 employees later, that same space serves as Westcor Land Title Insurance Company’s headquarters, home to 80 employees working in its administrative, accounting and legal teams.
Continue reading
2014-12-30

LED Lighting Industry's Low Price Trends in 2014

Global LED package market is estimated to achieve US $14.6 billion in 2014, and grows at a CAGR of 3.2% during 2014-2018. Among all LED applications, LED lighting has the highest estimated revenue of US $4.8 billion in 2014, soaring with a CAGR of 12%. These figures suggest that LED lighting market has entered a high growth phase. Nevertheless, the prices of LED lighting products, such as lighting bulbs and tubes show a steady downfall trend.
Continue reading
2014-12-23

CGE Energy Saves Golling Automotive Group $1.4M In Energy Costs

CGE Energy (CGE) is saving Golling Automotive Group (Golling) $1.4 million in energy costs over the next 10 years by upgrading lighting at four southeast Michigan dealership locations. This is a savings of nearly 80 percent in total energy costs. The project was just completed by CGE's install team, and Golling will see a return on their investment in less than 14 months.
Continue reading
2014-12-22

LED Industry’s Next Mega Trends After 2014 Developments

In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain competitive in the market, such as Philips, Epistar or NVC Lighting.
Continue reading
2014-12-18

Cree Launches Industry’s First Extreme High Power LEDs

Cree announces the commercial availability of XLamp® Extreme High Power (XHP) LEDs, a new class of LEDs that enable a system cost reduction of up to 40 percent for lighting applications. The first LEDs powered by Cree’s revolutionary SC5 Technology™ Platform, XLamp XHP50 and XHP70 LEDs provide twice the lumen output and improved reliability compared to previous LEDs of the same size. The groundbreaking technology of the new XHP LEDs will help drive the next major innovations in lighting system design.
Continue reading
2014-12-17

Charles & Colvard and Cree Enter Into a New Exclusive Supply Agreement

Charles & Colvard, Ltd. (NASDAQ:CTHR), the sole source of created moissanite and Forever Brilliant®, The World’s Most Brilliant Gem®, entered into a new Exclusive Supply Agreement on December 12, 2014 with Cree, Inc. (NASDAQ:CREE) for purchases of silicon carbide (SiC) crystals.
Continue reading
2014-12-15

LED Industry’s Major Movers and Shakers in 2014

In late 2013, LEDinside team forecasted major company restructure market trends will continue throughout the year. The trend has been consistent in 2014, as more lighting manufacturers take necessary restructure measures to remain competitive in the market, such as Philips, Epistar or NVC Lighting. Top players restructure decisions in the fast changing LED industry landscape further reinforces the trend that large companies will become even bigger and influential, while smaller manufacturers will find it increasingly difficult to compete.
Continue reading
2014-12-08

Harvatek Files Patent Lawsuit Against Cree in U.S. Court

Harvatek declared to entrust Devlin Law Firm LLC to file a patent litigation against the U.S. LED company—Cree, Cree Hong Kong Limited and Cree Shanghai Opto Development Limited in the United States District Court for the Northern District of California to prohibit Cree and its affiliates from infringing Harvatek’s U.S. LED patents.
Continue reading
2014-12-04

Seeking Alpha: Cree Impacted by Top Players Price War Strategies

Cree shares lost nearly 40% of their value over the past year, as GE and Philips launched more aggressive business strategies on the market.
Continue reading
2014-12-03

1000Bulbs.com Becomes First Online-Only Retailer to Supply Cree LED Bulbs

Internet lighting retailer 1000Bulbs.com is the first authorized online-only store to carry Standard A-Type and Reflector LED light bulbs from Cree, Inc.
Continue reading
2014-11-18

Palmen Auto Saves Up with Cree LED Upgrade

Cree offered a solution that fulfilled our needs for clean, efficient lighting with little to no maintenance expense. The lighting is fantastic.
Continue reading
2014-11-10

LEDinside: As LED Lighting Penetration Surges, Dominant Players to Maintain Market Share

Nov 10, 2014 - LED components have been successfully introduced in light source products, according to the new report “2015 Global Lighting Market Outlook” by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce. As the commercial lighting market expands, lighting tubes have become the most in-demand product with light bulbs second. Additionally, in the luminaire market, demand for ceiling lights high, but mostly in the home.
Continue reading
2014-10-29

Cree Lowers LED Bulb Retail Prices Again by Removing Heat Sink

Cree introduces the New Cree® LED Bulb, delivering superior light performance while looking just like an incandescent light bulb at an even more affordable price. Featuring a new innovative design, the New Cree LED Bulb provides the same cost savings and 25,000-hour lifetime that made the original Cree LED Bulb America’s best-selling LED bulb. Available as 40- and 60-watt replacements, the New Cree LED Bulb is available at The Home Depot® for as low as US $7.97. This is a 20% price mark down compared to previous bulb products, said Cree.
Continue reading
2014-10-27

Cree's New SiC Technology Lowers High-Power LED Costs

Cree achieves another fundamental breakthrough in lighting-class LED performance with the groundbreaking SC5 Technology™ Platform. The new platform powers the next generation of lighting with the introduction of Extreme High Power (XHP) LEDs. This new class of LEDs can reduce system costs by up to 40 percent in most lighting applications.
Continue reading
2014-10-23

Cree Hybrid LED-OLED White Light Patent Approved by USPTO

Leading U.S. LED manufacturer Cree’s patent application which integrates LED with OLED technology to generate white light was recently approved by the United States Patent and Trademark Office (USPTO).
Continue reading

Tokushima, Japan – 25 January 2023: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, is pleased to announce the additions of the NVSW719AC and NVSW219C-V2 to its industry standard ce... READ MORE

Pro9™ LEDs set the new standard for high fidelity (90 & 95 CRI min) LEDs   15% higher efficacy for 90 & 95 CRI LEDs 90 CRI light quality at 80 CRI LPW 95 CRI light quality at 90 CRI LPW Upgrade light quality without sacrific... READ MORE