Cree have released revenue figures for their fiscal Q1 2009, ended September 28 2008. The US $140m revenue was driven almost entirely by LEDs, says Cree Chairman and CEO Chuck Swoboda, “including another strong double-digit increase in XLamp sales. LED lighting sales grew by double digits.” The Cree press conference revealed that LED revenues increased 32% over the same period last year, and 6% sequentially to $123m.