CXB3070-0000-000N0HZ427G

CREE, Inc., now known as Wolfspeed, Inc. after a strategic rebranding in 2021, is a pioneering company in the semiconductor marketplace, specializing in silicon carbide (SiC) and gallium nitride (GaN) materials and devices. Originally founded in 1987 in Durham, North Carolina, the company has grown from a small-scale producer of LED materials to a global leader in wide bandgap semiconductor technology, fundamentally changing the economics of the lighting and power industries.

Wolfspeed's product portfolio includes SiC and GaN materials, power-switching devices, and RF (radio frequency) devices that are critical for the performance of advanced electronics. These materials are known for their ability to operate at high temperatures, high frequencies, and high voltages, significantly outperforming silicon in harsh environments. This makes them ideal for a variety of applications, including electric vehicles, fast charging, power supplies, telecommunications, and and defense.

One of the key areas where Wolfspeed has made significant strides is in the electric vehicle (EV) sector. The company’s SiC-based devices are used in EV powertrains where they help increase efficiency, reduce system costs, and improve the driving range of electric cars. This is crucial as the automotive industry moves towards more sustainable solutions and seeks to meet stringent emissions regulations.

In the realm of energy, Wolfspeed’s products are instrumental in developing more efficient power conversion systems. These systems are used in a variety of applications from renewable energy generation, such as wind and solar power, to more efficient power grids that can handle increased loads without significant losses. The company’s advancements in SiC technology allow for smaller, lighter, and more efficient devices that can handle high voltages and currents without degrading.

Wolfspeed also plays a critical role in the telecommunications industry, where its GaN RF devices are used in the production of RF components for mobile and broadband communications. As the world moves towards 5G and beyond, the demand for high-performance RF devices that can operate at higher frequencies and provide greater bandwidth is critical. Wolfspeed's GaN technology meets these needs by enabling more powerful, efficient, and compact devices.

The company’s commitment to innovation is supported by its extensive research and development efforts. Wolfspeed operates state-of-the-art facilities for the development and manufacturing of its products. This includes advanced labs where new materials and technologies are developed and tested to ensure they meet the highest standards of performance and reliability.

Wolfspeed’s dedication to sustainability is evident not only in its products but also in its business practices. The company strives to minimize its environmental impact through energy-efficient manufacturing processes and by developing products that help reduce the carbon footprint of various industries.

In summary, Wolfspeed, Inc. (formerly CREE, Inc.) is at the forefront of semiconductor technology, particularly in the areas of silicon carbide and gallium nitride. With a focus on power electronics and RF applications, the company is making significant contributions to the advancement of technologies that are critical for the future of transportation, energy, and telecommunications. As the world increasingly seeks more efficient and sustainable technologies, Wolfspeed continues to innovate and lead in its field, driving progress across a wide range of industries.