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Cree, Inc. engages in the development, manufacture, and marketing of semiconductor materials and devices based on silicon carbide, gallium nitride, silicon, and related compounds. The company's products include blue, green, and ultraviolet (UV) light emitting diodes (LEDs); near UV lasers; radio frequency and microwave devices; and power switching devices. Its product applications include solid state illumination, optical storage, wireless infrastructure, and power switching. Cree, Inc. also produces laterally diffused metal oxide semiconductor devices made from silicon substrates. The company markets its blue, green, and near UV LED chip products principally to customers who incorporate them into packaged lamps for resale to original equipment manufacturers. It also sells silicon carbide and gallium nitride materials products primarily to corporate, government, and university research laboratories. The company markets its products in North America, Europe, and Asia. Cree, Inc. was established in 1987 and is based in Durham, North Carolina.