Cree has manufacturing facilities in the US and china. But I'm not sure if they will continue to be at the cutting edge. Last year they were sold to an investment company.
Not sure how you could even say that. They have done nothing but put out new products and push the envelope in both high power and now midpower.
CREE 2.0 is what they call themselves and are doing better at making new products and market share than Cree1.0 did in the last 5 years. All while wolfspeed is prioritizing and strong holding them on certain die up till this year. Hence the moves to new fabs and new many products. No US die growing anymore. But have still managed to get better die and end prodcust out with out the overhyped SC5 tech. Saphire rules the LED world in every brand now.
The SGH CEO used to be the CEO of Lumileds and loves LEDs.
Speaking of Lumileds...chapter 11 on their way out.
Wouldn't surprise me one bit if Cree buys them and their IP outright.
Anyways...back the original point..CREE aint going anywhere...history, current market shares and current players all showing that.