.............station came on line last week. Geographically on the edge of the Sahara. This is in contrast to out CPV offering which is predicted to be 50% efficient within next 2 years. Further we are engaged in shifting perceptions about where CPV will be used to join the fight in global warming. Fields or towers of CPV cell batteries are not going to be the preferred vehicle for their deployment. Rather we are embarking on a whole new proposition ........ that is we will clad our buildings in cities and suburbs in CPV cells thus saving our land from such squandered and debauched use. The Germans and Chinese are pre-eminent in these products and are fully developed into this kind of deployment. So how do we adjust our offering to join the market which is emerging. Only with much expensive research and development and the long laborious process of forming new allies and collaborators.
MACOM seems to be doing very well, so it's comforting to know they see this part of the business as the one to put everything into. And what do they say about not buying the miner but the guy who makes the picks and shovels? If IQE becomes the unmentioned company with high barriers to entry that makes the picks and shovels for a major element of the new world technology then I for one am very happy. PLUS it seems they have more than one string to their bow. PLUS they're up over 40% in the year even after recent falls. Yes, happy with that....
MACOM are NOT competitors of IQE. IQE are contracted by MACOM to manufacture wafers, which form the basis of the semiconductor chips, which MACOM manufacture into products such as amplifiers,etc. IQE are part of the high volume supply chain refered to by MACOM, in the process of qualifying their products with their customers, thus their growth should translate directly to growth for IQE.
.............. the market is judging IQE as maybe facing stiffening competition ......... ie MACOM may be pinching our market ......... they may be seeing us as not very good at business so they possibly see us as a baby they can take sweeties off.
It seems to me this is the more likely situation rather than seeing MACOM's confidence and success as a good indicator for IQE For me it is more likely to be a threat from a more savvy and agile competitor who will easily shrink our business by can do business practice.
I can remember the days IQE had a vibe and really good growth ............. now we are leaden footed and growth cannot be described as spectacular ( contrast other Co-s who are experiencing spectacular growth .....MACOM ? )
I can also remember when littlewoods ran a very successful '' Pools '' business with their catalogue. When the lottery was being set up a Director on the board of Littlewoods advised Littlewoods that the Lottery didn't present a threat ........... well we all know whose side he was on and the rest is history ........... anyone play the '' Pools ''' or even heard of littlewoods ??
Obviously I am concerned about our '' Sales Dept '''
Obviously I think we are in for more of the same for years to come until it dawns on us we no longer have any kind of credibility and all our profits are going on trying to buy credibility.
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