Business | Company News | Partnerships | May 13, 2017

Cree Announces Mid-Power LED Joint Venture with San’an Optoelectronics

Cree announces it is forming a joint venture with San’an Optoelectronics to produce and deliver to market high-performing, mid-power lighting class LED packaged products in an exclusive arrangement to serve the expanding markets of North and South America, Europe and Japan, and serve China and the rest of the world on a non-exclusive basis.

The new joint venture, Cree Venture LED Company, Ltd., will bring together the technology and brand leader in lighting class LEDs with a world class LED supplier.  Leveraging Cree’s superior portfolio of patents and global sales channels, this joint venture will bring to market a broad portfolio of high-performance mid-power products to serve the fast growing, $4 billion global mid-power LED market. With this agreement, Cree’s LED business is now able to serve the broader needs of the general illumination (indoor and outdoor lighting), horticultural and other evolving LED markets.

“This joint venture builds on both companies’ leading product and channel capabilities to give Cree the ability to provide our LED customers a complete range of high-power and mid-power LED products to serve a broad range of markets and applications,” said Chuck Swoboda, Cree president and CEO.

“The addition of the mid-power LED products in this new joint venture to Cree’s industry-leading high-power products gives us an unparalleled LED portfolio,” stated Dave Emerson, Cree LEDs senior vice president and general manager. “With our LED systems expertise, customers are able to work with our existing channels to find the best LEDs for their applications.”

Located in Hong Kong, Cree Venture LED Company, Ltd. will be led by TK Ong, General Manager, who brings to the joint venture extensive experience in the LED market, and will be governed by a board of directors with members from both companies. Cree will own 51 percent of the joint venture, and San’an will own 49 percent of the joint venture.

Cree and San’an will be working in the coming months to incorporate, fund and commence operations of the joint venture, and are targeting initial product sales by the joint venture in the third calendar quarter of 2017. Cree will receive royalties from the joint venture on its patent portfolio.

Visit www.cree.com for more information.

About Cree:
Cree is a leading innovator of lighting-class LEDs, lighting products and wide bandgap semiconductor products for power and radio frequency (RF) applications. Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, SiC materials, power devices and RF devices. Cree’s products are driving improvements in applications such as commercial and consumer general illumination, video screens, electronic signs and signals, motor drives, power supplies, EV charging, solar, traction, transportation, radar, communications, telecom, data link and broadband amplifiers.

FEATURED

Nichia Showcases LEDs with 'Light so Good'

Nichia Showcases LEDs with 'Light so Good' At Light + Building 2020 held in Frankfurt, Nichia – the leader in high-performance LED solutions – reveals it will present at least three complementary technologies to improve the delivery of light quality under an over-arching banner of 'Light so Good'. Read more »

EDITORIAL

Researchers from Hokkaido University Let Europium Shine Brighter

Researchers from Hokkaido University Let Europium Shine Brighter A stacked nanocarbon antenna makes a rare earth element shine 5 times more brightly than previous designs, with applications in molecular light-emitting devices. - The europium Eu(III) complex with nanocarbon antenna emitting fine red light. Read more »

EDITORIAL

Zhaga Summit – September 23rd in Bregenz

Zhaga Summit – September 23rd in Bregenz Luger Research and Zhaga are proud to announce that the 2020 LpS/TiL conference will host a Zhaga Summit. This one-day event will provide application-driven introductions to the latest Zhaga standards, review their market reception, and solicit inputs from the specifier community through workshops. Read more »

EDITORIAL

Research Confirms that Light Pollution Can Suppress Melatonin Production in Humans and Animals

Research Confirms that Light Pollution Can Suppress Melatonin Production in Humans and Animals Melatonin sets the internal clock. Researchers from IGB in an international team have analyzed data on the impact of light pollution on melatonin formation in humans and vertebrates. They found that even the low light intensities of urban skyglow can suppress melatonin production. Melatonin ... Read more »

EDITORIAL

CIE Announces Availability of New Documentation: Test Method for OLED Luminaires and OLED Light Sources

CIE Announces Availability of New Documentation: Test Method for OLED Luminaires and OLED Light Sources The new CIE International Standard S 025-SP1/E:2019 is a supplement to CIE S 025:2015 Test Method for LED Lamps, LED Luminaires and LED Modules specifies the requirements for measurement of electrical, photometric, and colorimetric quantities of OLED luminaires and OLED light sources. These sources ... Read more »

EDITORIAL

Care, Caution & Awareness Are Needed When Using LED Lights

Care, Caution & Awareness Are Needed When Using LED Lights Kyra Xavia is a researcher, educator and investigative journalist based in New Zealand. Her roles as general secretary of the Light and Lighting Research Consortium (LLRC), delegate for the International Dark Sky Association (IDA), New Zealand Ambassador for Women in Lighting 2019, and co-leader of ... Read more »