Wolfspeed’s Expanded Portfolio Delivers Superior Solutions for Telecom and Radar Markets

Wolfspeed, A Cree Company (Nasdaq: CREE), today announced new LDMOS and GaN HEMT product offerings that enable smaller systems with greater reliability and efficiency. Wolfspeed’s recent acquisition of the Infineon RF power business expanded its product portfolio, accelerating the company’s progress in developing innovations for telecommunications and aerospace/defense applications.

"The acquisition of Infineon’s RF power business has enabled Cree’s Wolfspeed business to transition to the next level of the RF power semiconductor business,” said Lance Wilson, research director at ABI Research. "Historically, Wolfspeed has been a principal player in GaN technology but the addition of Infineon’s LDMOS portfolio has put them into the top echelon of high-power RF.”

The acquisition brings LDMOS technology and expertise to Wolfspeed, enabling the company to provide the optimal RF power solution to meet customers’ needs, regardless of the type of technology used.

The expansion includes Wolfspeed’s new 28V 2620-2690 MHz Asymmetric Doherty Transistor, which is an LDMOS Doherty transistor that utilizes LD12 technology. This and other LD12 components use a plastic overmold package that delivers the same performance as open cavity packages, offering significant increases in efficiency at a lower cost. Wolfspeed has industry-leading performance in such plastic packages, which can bring significant cost savings to telecom applications.

"Wolfspeed is committed to supporting the growth of our LDMOS portfolio, as shown by the release of our new 28V Asymmetric Doherty Transistor,” said Gerhard Wolf, Wolfspeed’s vice president and general manager of RF. "The expansion of our LDMOS portfolio delivers on the promise of continued innovation for cellular applications, like improved 4G networks and the shift to 5G networks.”

In the radar market, Wolfspeed is providing aerospace and defense operators better target discrimination and a longer detection range with the launch of the highest output power GaN products on the market, including a 1200W packaged GaN HEMT.

The 1200W GaN HEMT sets a new industry benchmark for performance by delivering the highest output power for a GaN L-Band radar product on the market today. The device’s high-output power enables fewer devices to be used, resulting in simplified system architectures, lower materials costs, reduced energy consumption and increased system reaction time that is critical in defense and aerospace settings.

The new LDMOS and GaN HEMT technologies will be on display at the Wolfspeed booth #931 during IMS 2018 in Philadelphia from June 12-15. Visit: https://www.wolfspeed.com/rf to learn more about how Wolfspeed is enabling the next generation of electronics systems for telecommunications and radar, or to request engineering samples.

About Cree

Cree is an innovator of Wolfspeed™ power and radio frequency (RF) semiconductors, lighting class LEDs and lighting products. Cree’s Wolfspeed product families include SiC materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging, inverters, power supplies, telecom and military and aerospace. Cree’s LED product families include blue and green LED chips, high-brightness LEDs and lighting-class power LEDs targeted for indoor and outdoor lighting, video displays, transportation and electronic signs and signals. Cree’s LED lighting systems and lamps serve indoor and outdoor applications.

Please refer to www.cree.com or www.wolfspeed.com for additional product and Company information.

Forward Looking Statements

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including customer acceptance of our new products; the rapid development of new technology and competing products that may impair demand or render Cree’s products obsolete; and other factors discussed in Cree’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 25, 2017, and subsequent filings.

Cree® is a registered trademark, and Wolfspeed™ is a trademark of Cree, Inc.

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