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ZF and Cree Advance the Electric Drive

11/5/2019

Schweinfurt, Germany/Durham, USA. ZF Friedrichshafen AG and Cree, Inc. (Nasdaq: CREE), a US leader in silicon carbide semiconductors, announce a strategic partnership to create industry-leading, highly efficient electric drivelines.


Cree Selected as Silicon Carbide Partner for the Volkswagen Group FAST Program

5/14/2019

Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide (SiC) semiconductors, has been selected as the exclusive silicon carbide partner for the Volkswagen Group’s “Future Automotive Supply Tracks” Initiative (FAST). The aim of FAST is to work together to implement technical innovations quicker than before and to realize global vehicle projects even more efficiently and effectively.


Cree to Invest $1 Billion to Expand Silicon Carbide Capacity

5/7/2019

As part of its long-term growth strategy, Cree, Inc. (Nasdaq: CREE) announces it will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C. It marks the company’s largest investment to date in fueling its Wolfspeed silicon carbide and GaN on silicon carbide business. Upon completion in 2024, the facilities will substantially increase the company’s silicon carbide materials capability and wafer fabrication capacity, allowing wide bandgap semiconductor solutions that enable the dramatic technology shifts underway within the automotive, communications infrastructure and industrial markets.


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