Cree Licenses GaN Power Patents to Nexperia
April 12 2018 - 09:00AM
Business Wire
Nexperia Joins a Growing List of Companies
Licensed to Cree’s GaN Power Device Patents
Cree, Inc. (NASDAQ: CREE) announces that it signed a
non-exclusive, worldwide, royalty-bearing patent license agreement
with Nexperia BV, a Dutch company. The agreement provides Nexperia
access to Cree’s extensive gallium nitride (GaN) power device
patent portfolio, which includes over 300 issued U.S. and foreign
patents that describe inventive aspects of high electron mobility
transistor (HEMT) and GaN Schottky diode devices. The portfolio
addresses novel device structures, materials and processing
improvements, and packaging technology. The patent license involves
no transfer of technology.
“Cree was founded to develop novel compound semiconductor
materials like GaN and SiC and to create devices that capitalize on
their unique properties,” said John Palmour, Cree co-founder and
CTO of Wolfspeed, a Cree company. “Cree’s decades of innovation are
now yielding devices that enable market introductions of new power
management and wireless systems. To help facilitate the growth of
these new markets, Cree is licensing its GaN power device patents
for GaN power-management systems.”
Information about Cree’s GaN power device license program may be
found at www.cree.com/about-cree/licensing/licensing-programs or
may be obtained by sending an email to licensing@cree.com.
About Cree, Inc.:
Cree is an innovator of Wolfspeed™ power and radio frequency
(RF) semiconductors, lighting class LEDs and lighting products.
Cree’s product families include SiC materials, power-switching
devices and RF devices targeted for applications such as electric
vehicles, fast charging, invertors, power supplies, telecom and
mil/aero. Cree’s LED product families include blue and green LED
chips, high-brightness LEDs and lighting-class power LEDs targeted
for indoor and outdoor lighting, video displays, transportation and
electronic signs and signals. Cree’s LED lighting systems and lamps
serve indoor and outdoor applications.
For additional product and Company information, please refer
to www.cree.com.
Forward Looking Statements:
This press release contains forward-looking statements involving
risks and uncertainties, both known and unknown, that may cause
actual results to differ materially from those indicated. Actual
results may differ materially due to a number of factors, including
customer acceptance of our new products; the rapid development of
new technology and competing products that may impair demand or
render Cree’s products obsolete; and other factors discussed in
Cree’s filings with the Securities and Exchange Commission,
including its report on Form 10-K for the year ended June 25, 2017,
and subsequent filings.
Cree® is a registered trademark and Wolfspeed™ is a trademark of
Cree, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20180412005240/en/
Cree, Inc.Claire SimmonsCorporate
Communicationsmedia@cree.com
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