| Nasdaq: CREE
Cree, Inc. develops and manufactures lighting class light emitting diode products, lighting products and semiconductor products for power and radio frequency applications. Its products are targeted for applications such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The company operates its business through three segments: LED Products, Lighting Products and Power and RF Products. The LED Products segment includes LED chips, LED components and SiC materials. The Lighting Products segment consists of both LED and traditional lighting systems. The Power and RF Products segment includes power devices and RF devices. Cree was founded by Calvin Carter Jr., John Palmour, Neal Hunter, Eric Hunter and John Edmond in 1987 and is headquartered in Durham, NC.