Even though fellow LED industry player Rubicon (RBCN -6.8%) is tanking due to its Q1/Q2 warning,...

|About: Rubicon Technology, Inc. (RBCN)|By:, SA News Editor

Even though fellow LED industry player Rubicon (RBCN -6.8%) is tanking due to its Q1/Q2 warning, Cree (CREE +2.5%) is rallying following its introduction of LED downlight products. Cree boasts its SR Series downlight uses 85% less energy than incandescent alternatives, and that its KR Series is price-competitive with fluorescent solutions.