IQE PLC Wireless Qualification Update
23 Luglio 2019 - 8:01AM
RNS Non-Regulatory
TIDMIQE
IQE PLC
23 July 2019
IQE plc
Wireless Qualification Update
Cardiff, UK. 23(rd) July 2019: IQE plc (AIM: IQE; "IQE"), the
leading global supplier of advanced wafer products to the
semiconductor industry, announces the successful qualification,
commencement of initial production and receipt of additional orders
of wireless products for Asian supply chains.
As previously communicated, because of the current trade
situation between the US and China, supply chains are being
redeveloped across the globe. This has had an impact on sales
volumes for IQE's products, as global customers adjust to these new
supply chain situations and IQE becomes qualified in these new
supply chains.
However, IQE remains well placed to support these changes
because of its diverse global footprint, with manufacturing plants
in the US, Europe and importantly in Asia (Taiwan and Singapore),
and its powerful portfolio of wireless products
IQE has now qualified with a major customer in Asia for new
Asia-centric supply chains for Heterojunction Bipolar Transistors
(HBTs). These are used as Power Amplifiers (PAs) in mobile
handsets, wifi hotspots and other wireless devices. Initial
production for this customer has now commenced and additional
qualification of significantly higher production capacity is
underway from the newly installed capacity at IQE's facility in
Hsinchu, Taiwan.
In addition, significant additional orders have been received by
IQE from a second Asian customer, specifically addressing increased
demand from Asian OEMs.
Finally, IQE's Singapore operation has also completed
qualification of a new Asian customer for Pseudomorphic High
Electron Mobility Transistors (pHEMTs). These are also used in
wireless devices and networks and IQE has already received initial
orders for production.
Dr Wayne Johnson, Executive VP, Global Business Development,
Wireless and Emerging Products commented:
"These new qualifications for Asian supply chains reflect the
strength of IQE's global manufacturing footprint, our leading
product portfolio and our ability to quickly respond to the rapidly
changing supply chain dynamics.
"We look forward to significantly increasing both the volume and
breadth of products we are able to provide to these new
Asia-centric supply chains, including products under currently
development such as filters and high-performance switches"
CONTACTS:
IQE plc
+44 (0) 29 2083 9400
Tim Pullen
Drew Nelson
Wayne Johnson
Peel Hunt LLP (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Edward Knight
Nick Prowting
Citigroup Global Markets Limited (Joint Broker)
+44 (0) 20 7986 4000
Christopher Wren
Peter Catterall
Headland Consultancy
+ 44 (0) 20 38054822
Andy Rivett-Carnac
Chloe Francklin
ABOUT IQE
http://iqep.com
IQE is the leading global supplier of advanced semiconductor
wafers that enable a diverse range of applications. IQE uses
advanced crystal growth technology (epitaxy) to manufacture and
supply bespoke semiconductor wafers 'epi-wafers' to the major chip
manufacturing companies, who then use these wafers to make the
chips.
IQE's products are found in many leading-edge consumer,
communication, computing and industrial applications, including a
complete range of wafer products for the wireless industry, such as
smartphones and wireless infrastructure, Wi-Fi, base stations, and
satellite communications; optical communications, optical storage,
printing, thermal imagers, leading-edge medical technologies,
automotive and aerospace technologies, a variety of advanced
silicon based systems and high efficiency concentrator photovoltaic
(CPV) solar cells.
IQE is headquartered in Cardiff UK and operates manufacturing
and R&D facilities worldwide.
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END
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