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Technology Stocks : Wolf speed
WOLF 22.15+1.5%3:14 PM EST

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To: tekboy who wrote (3346)8/1/2000 11:45:38 PM
From: david matherly  Read Replies (1) of 10713
 
Cree's LEDs...."Cree makes the following LED products. Standard Brightness Blue, Green and White LEDS. High Brightness Blue, Green, and White LEDS. Cree's LED sales accounted for about 80% of production revenue last fiscal year. Cree during the last year become the worlds leading provider of nitride based LEDS. They accomplished this feat by driving down LED prices so that they are the lowest cost source of blue and green LEDS in the world. In March 1999, Cree shipped over 20,000,000 LEDS. Cree's blue LEDS are used in Volkwagon dashboards, and white LEDS are used Audi's new TT auto. Cree will provide Nokia with white LEDS on one high end model phone. Cree's High Bright Green LEDS are being installed in China's stoplight system. Cree expects that after brightness is increased through ongoing research the US stoplight market will be penetrated. Cree has also announced, I believe through reseller Sumitomo, deals with Sony for playstation II in indicator settings, and Panasonic for cell phone backlighting. A new startup company called World Theatre, Inc. (which has a strategic partnership with IBM) plans manufacturing various sized billboards using Cree's HB LEDS. World Theatre, Inc. is expected to use billions of Cree's LEDS."

david matherly
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