Wolfspeed Inc. (Cree Inc.)

Company Snapshot

Founded: 1987
Entity Type: Public
Employees: 3,434
Region: Europe
Revenue: $757.6 Millions
Revenue Year: 2024
Headquarter: North Carolina, U.S.
Key Geographics: Europe, Asia-Pacific (excl China and Hong Kong), Hong Kong, U.S., China, Other
Corporate Address: 4600 Silicon Drive Durham, North Carolina, 27703 U.S. Tel. +1-919-313-5300 www.wolfspeed.com

Company Overview

Wolfspeed Inc. specializes in the production of wide bandgap semiconductors, with a focus on SiC and GaN materials and devices for power and radio-frequency (RF) applications. Pertains to semiconductor devices for high-temperature applications, the company offers SiC power modules, discrete SiC MOSFETs, bare die SiC MOSFETs and bare die SiC Schottky diodes that operate under the high-temperature environment of up-to 175°C.

The company caters to industries including transportation, power supplies, inverters and wireless systems. Its revenue primarily comes from Europe, with additional contributions from the United States, China, Hong Kong, Asia Pacific and other regions.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Company's Business Segments

  • Power Products : Silicon Carbide Schottky Diodes, Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Power Modules
  • Materials Products : Silicon Carbide Bare Wafers, Epitaxial Wafers, GaN Epitaxial Layers

Applications/End User Industries

  • Automotive
  • E-Mobility
  • Industrial
  • Industrial Motor Drives
  • Renewable Energy
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