Cree, Inc. has announced that Wolfspeed is the new name for its new Power and RF division. Created with a mandate to separate power and wireless systems from the limitations of silicon, Wolfspeed begins its life with a focused team, profitable business and more than 28 years of wide bandgap semiconductor technology and experience.
The company will have a fully commercialized portfolio of field-tested SiC and GaN power, wireless technologies, products enabling higher power density, higher switching frequencies and reduced system size and weight. These advantages lead to smaller systems, lower system costs and improved performance, and ultimately will to lead to powerful applications in the transportation, industrial and electronics, energy, and communications markets. The company plans an IPO during fiscal year 2016.
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