Under the agreement, Nippon Steel, and affiliates including Nippon Steel Materials, have been given the right to manufacture and sell silicon carbide materials.
Cree was also granted rights to Nippon Steel’s relevant SiC-related patents as per the agreement.
SiC is a semiconductor material used in the production of a broad range of lighting, power and communication components, including light-emitting diodes (LEDs), power switching devices and RF power transistors for wireless communications.
The applications of SiC devices include solar inverters, high-voltage power supplies and power conditioning in industrial power applications.
Cree is a provider of semiconductor solutions for wireless and power applications, lighting-class LEDs and LED lighting solutions.