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Cree launches new, cheaper, plastic 4Flow 60W and 40W equivalent LED bulbs

2014-10-28 16:29:35| Extremetech

At long last, Cree is capitalizing on the phase-out of incandescent bulbs by releasing a new low-price ($8) LED bulb that, near as dammit, has the same silhouette as the standard A19 incandescent bulb that you bought at Walmart last week. This new Cree bulb doesn't just look different, however -- this is a brand-new third-generation design. Curiously, the new bulbs come with a 3-year warranty instead of the 10-year warranty that Cree previously offered on its LED lights.

Tags: led equivalent plastic cheaper

Cree Announces Increase of Companya s Stock Repurchase Program

2014-10-28 05:26:59| Semiconductors - Topix.net

Pursuant to the program, the Company is now authorized to repurchase shares of its common stock having an aggregate purchase price not exceeding $550 million for all purchases for fiscal 2015 . During fiscal 2015 through today, the Company has repurchased 2.65 million shares of its common stock under the program at an average price of $36.54 per share with an aggregate value of $97 million.

Tags: program stock increase announces

Cree Announces Increase of Companya s Stock Repurchase Program

2014-10-28 04:20:03| Electronics - Topix.net

Tags: program stock increase announces

Cree introduces new LED technology to regain marketshare

2014-10-23 18:51:16| Semiconductors - Topix.net

The drop started when the company announced a revenue of $427.7 million for its first quarter. While it's a 9 percent increase compared to the first quarter of last year, it trailed Wall Street expectations of $433 million.Cannacord Genuity lowered its price rating to "hold" from "buy."

Tags: technology led introduces marketshare