Why The Silicon Carbide Business Could Be A Big Growth Driver For Cree [Forbes]
Cree, Inc. (CREE)
Last cree, inc. earnings: 4/29 04:01 pm
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Source: Forbes
Why The Silicon Carbide Business Could Be A Big Growth Driver For Cree A light-emitting diode (LED) light bulb sits at a Cree Inc. facility in Research Triangle Park in Durham, North Carolina. Photographer: Jim R. Bounds/Bloomberg BLOOMBERG NEWS Semiconductor producer Our interactive dashboard analysis on What Will Drive Cree’s Growth In The Coming Years Information Technology company data here Why SiC Products Are Gaining Traction Silicon carbide semiconductors are compound semiconductors that offer multiple advantages over traditional silicon-based semiconductors, including higher switching efficiency and the ability to handle higher voltages. They are particularly useful for electric vehicles, as they allow EV manufacturers to maximize the range of their batteries, reduce cooling requirements and minimize the footprint of the inverter and battery in the vehicle. Although SiC-based components are more expensive, the value proposition is strong for vendors. While the market for SiC p
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