Founded in 1987, CREE is a U.S. listed company (1993, NASDAQ: CREE), a leading global manufacturer and industry leader in LED epitaxy, chips, packaging, LED lighting solutions, compound semiconductor materials, power devices and radio frequency. The market advantage of Cree is derived from silicon carbide (SiC) materials and the devices used to epitaxy chips and prepare related devices. These chips and devices can use more power in a small space and produce less heat than other existing technologies, materials and products.