IQE
plc
Cardiff, UK
10 April 2024
IQE announces expanded
customer partnership with AWSC and Lansus to
serve
Android
ecosystem
IQE plc (AIM: IQE, "IQE" or
the "Group"), the leading global supplier
of compound semiconductor wafer products and advanced material
solutions, is pleased to announce an
expansion of its partnership with Advanced Wireless Semiconductor
Company ("AWSC") with a multi-year supply agreement.
As part of its strategic
partnership, IQE will supply AWSC with Gallium Arsenide ("GaAs")
wafers for the manufacture of smartphone power amplifier devices to
be supplied to its key customer Lansus, the Chinese RF technology
supplier. This will supply Tier One China-based OEMs in the Android
ecosystem, in a market which is expected to return to growth
following a period of inventory build-up.
AWSC, a leader in the field of
compound semiconductor wafer fabrication, has been a partner of IQE
for over twenty years. The expansion of this previously announced
agreement demonstrates the strength of our partnership and reflects
IQE's expertise in GaAs wafers for power amplifier products. This
supports the Group's expectations for the coming year, whilst
delivering on its strategy to defend its position in wireless
markets.
Americo Lemos, CEO of IQE, commented:
"IQE is expanding its Wireless addressable market into the
Android ecosystem. We are delighted with our successful partnership
with AWSC and look forward to continuing as a trusted partner and
growing our business together."
Eric Huang, President of AWSC, commented:
''We are pleased to be building upon our relationship with
IQE, a longstanding and valued partner. The quality of IQE's
products and expertise of its teams make it the ideal choice as we
focus on delivering products of the highest standards to our
customers on time.''
Contacts:
IQE
plc
+44 (0) 29 2083 9400
Americo Lemos
Jutta Meier
Amy Barlow
Peel
Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Paul Gillam
Kate Bannatyne
Adam Telling
Deutsche Numis (Joint Broker)
+44 (0) 20 7260 1000
Simon Willis
Hugo Rubinstein
Iqra Amin
Headland Consultancy (Financial PR)
+ 44 (0) 20
38054822
Andy Rivett-Carnac: +44 (0) 7968 997
365
Chloe Francklin: +44 (0)78 3497
4624
ABOUT IQE
http://iqep.com
IQE is the leading global supplier
of advanced compound semiconductor wafers and materials solutions
that enable a diverse range of applications across:
·
Smart Connected Devices
·
Communications Infrastructure
·
Automotive and Industrial
·
Aerospace and Security
As a scaled global epitaxy wafer
manufacturer, IQE is uniquely positioned in this market which has
high barriers to entry. IQE supplies the global market and is
enabling customers to innovate at chip and OEM level. By leveraging
the Group's intellectual property portfolio including know-how and
patents, it produces epitaxy wafers of superior quality, yield and
unit economics.
IQE is headquartered in Cardiff UK, with employees across eight
manufacturing locations in the UK, US and Taiwan, and is listed on
the AIM Stock Exchange in London.
ABOUT AWSC
https://www.awsc.com.tw
Advanced Wireless Semiconductor
Company (AWSC) was founded in December of 1998. AWSC is established
as a pure play Compound Semiconductor Foundry Service Company in
Taiwan. AWSC is dedicated to providing the best quality and the
most cost-effective foundry services to customers. AWSC offers GaAs
HBT, pHEMT and BiHEMT technologies for wireless 4G, 5G, and
satellite applications as well as optoelectronic device (VCSEL)
fabrication services for AR/VR, LiDAR, 3D sensing, automotive, and
optical communication applications.
AWSC is an ISO-9001, ISO-14001,
IATF16949 and Green Partner certified Semiconductor Manufacturing
Company.
ABOUT
LANSUS
https://www.lansus.com/article/en
As a senior brand rooted in the field
of RF technology, Lansus is committed to build a new world of
communications without any visible break. With advanced RF
solutions and professional technical support team, Lansus is well
poised to be an ideal long-term partner for corporations in the
fields of telecommunication, mobile module, manufacturing,
etc.