Good trading performances in the second half of 2014 have placed semiconductor materials manufacturer IQE on track to meet market expectations for the full year. The group said it expects revenue for the year ended 31 December to be around £112m, with second half revenue amounting to £60m. Earnings
Read more** IQE rises as much as 6.9 pct after co issues FY 2014 results outlook ** Says it expects FY revenue to be about 112 mln pounds, a fall from 126.8 mln pounds in 2013 ** Sees FY EBITDA 8 pct higher at 27 mln pounds and a 20 pct rise in adjusted, fully diluted EPS to 2.4 pence **
Read moreIQE, a supplier of advanced semiconductor wafers, on Monday renewed a long-term supply contract worth $50m with an unnamed customer. The new contract is to supply wafer products used in wireless applications and guarantees 75% of its customer's demand. It will cover the supply of epiwafer products
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