October 23, 2014
Cree, Inc. (Nasdaq: 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.
“As a technology company, we’re focused on breaking the performance barriers that really matter to the lighting industry,” said Chuck Swoboda, Cree Chairman and CEO. “The SC5 Technology™ Platform redefines what is possible in high-power LEDs by doubling the lumens out of a single LED, giving lighting manufacturers the flexibility to innovate significantly lower ...