Cree (NASDAQ: CREE) and Avnet (NYSE: AVT) announced a strategic agreement to expand Cree's innovative LED portfolio (including high-power LEDs, COBs, high-brightness HB LEDs and LED modules) in the Americas Distribution. This agreement demonstrates the shared vision of Career and Avnet to provide lighting customers with better LED solutions and services in the industry to continuously drive LED adoption.
Dave Emerson, Vice President and General Manager of LED Business Unit, said: "Affili has joined Cree's industry-leading distribution network, reflecting Cree's continued investment in LED business and providing lighting customers with a richer portfolio of high-performance LED products. To achieve higher system value. With Cree's LED technology and Avnet's lighting team focused on LED lighting, Illumineers and industry-leading lighting laboratory LightLab, will help accelerate next-generation LED solutions (combined with lighting and internet of things) Adoption of IoT)."
Cree has a rich portfolio of lighting-grade LEDs optimized for lighting applications, setting the industry benchmark for performance, light quality and reliability. With more than 4,000 patents, Cree continues to promote high-power LED innovation and redefine lighting, significantly improving the integration of lighting systems including road lighting, outdoor area lighting, stadium lighting, high ceiling lighting, commercial lighting and other applications. value.
Alex Iuorio, Senior Vice President of Suppliers Development, Avnet Americas Electronics Market, said: "Avery and Cree have a common goal. We must not only promote the transformation of traditional light bulbs and fluorescent lamps into LED lighting, but also help our customers bring real lighting. Smart. With the support of Avnet Illumineers and LightLab, and the product portfolio of Cree LED devices and modules, we will be able to bring more value to designers who are looking at IoT for IoT, making their products simple and easy. The solution reduces development time and costs and enables products to be launched faster."
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