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News

23 August 2007

 

Cree to triple white XLamp LED capacity

Cree Inc of Durham, NC, USA has unveiled plans to significantly increase white XLamp LED manufacturing capacity at the plant in HuiZhou, Guangdong, China of its Hong Kong-based subsidiary COTCO, tripling its existing capacity of lighting-class LEDs.

Speaking at the 4th China International Forum & Exhibition on Solid State Lighting in Shanghai, Chris James, VP marketing & business development, characterized the planned expansion as part of Cree’s multi-faceted efforts both to accelerate the adoption of LED lighting in China and to build momentum for the LED lighting revolution worldwide.

“China is a critical growth market for LEDs in general illumination applications and represents an unmatched opportunity due to the early-stage development of a national lighting infrastructure, explosive economic growth, the need for energy-efficient technologies and a growing concern over air and ground pollution,” said James. “The acquisition of COTCO Luminant Device Ltd [for $204m, completed last quarter] was the first step and gave Cree significant local manufacturing and sales capability in China,” he added. “This expansion of white LED capacity is the next step, and we continue to develop plans to extend our capabilities and drive the LED lighting market.”

See related items:

Cree’s fiscal 2007 revenue down 7%

Luminus relocates HQ and expands manufacturing operations

Cree pumps-up the volume with 100-lumen XLamp LEDs

Cree completes COTCO acquisition

Visit: http://www.cree.com