Introduction: Cree Corporation is a leading innovator and semiconductor manufacturer in the market, enhancing the value of solid-state lighting, power, and communication products by significantly improving their energy efficiency. The key market advantage of Cree comes from its unique material expertise in the field of silicon carbide (SiC) with gallium nitride (GaN), which is used to manufacture chips and complete sets of devices. These chips and complete sets of devices can handle higher power in a small space, and compared with other existing technologies, their materials and products generate lower heat. Cree Returns Energy Solutions (ROE) ™) Used for multiple purposes, including exciting optional solutions such as using brighter and more adjustable light-emitting diodes for general lighting, backlighting for brighter display effects, optimal power management for high current switching power supplies and variable speed motors, and more efficient wireless infrastructure for data and voice communication. Cree's customer base ranges from manufacturers of new lighting fixtures to federal agencies related to national defense. Cree's product line includes blue and green LED chips, lighting LEDs, backlight LEDs, power switch devices, and broadcast/wireless devices.