Cree to Produce LED Wafers with New Manufacturing Capability

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Cree, Inc.
CREE
announces a new 150mm LED wafer production facility in Research Triangle Park (
RTP
) that is targeted to create hundreds of green jobs in North Carolina. The new LED wafer production line will be located in Cree's existing RTP production facility, and will allow Cree to produce 150mm LED wafers that are more than double the size of current ones, increasing the number of LEDs from a single wafer, helping to make LED lighting more cost-effective. The new production line is scheduled to be installed over the next several quarters with a target of having the first products qualified on this line by June 2011.
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