Fast Company Magazine(Which is the most powerful magazine as Fortune Magazine in U.S.A has selected Cree to be among the world's most innovative companies in 2015. In addition to that recognition, Fast Company also ranked Cree number one in its annual Top 10 Most Innovative Companies in Energy list.

 

Among the company's notable achievements, Cree delivered the first sub $10 LED-based bulb and went on to rapidly develop an entire line of consumer LED bulbs. To achieve these advances, Cree leveraged the experience gained from introducing products that approach price parity with traditional lighting without compromising performance or appearance. The company also leveraged the founder's many years of expertise from the semiconductor industry. As a result, sales of Cree® LED Bulbs have grown to be among the top-selling lighting products in the U.S. within two years of their initial launch.