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Share Price Information for IQE (IQE)

London Stock Exchange
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Share Price: 33.15
Bid: 32.75
Ask: 33.30
Change: -2.50 (-7.01%)
Spread: 0.55 (1.679%)
Open: 36.25
High: 36.25
Low: 32.65
Prev. Close: 35.65
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AIM WINNERS & LOSERS: IQE makes new epiwafers; Ilika sees sales delay

Wed, 11th May 2022 11:20

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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IQE PLC, up 10% at 31.57 pence, 12-month range 28.25p-55.00p. Notes first commercially available 200 millimetre VCSEL epiwafer, which is based on company's patented 200mm technology for wireless and photonics compound semiconductor applications. "IQE is leading the compound semiconductor industry in the development of 200mm epiwafers for wireless, sensing and display markets," it says. "IQE's 200mm epiwafers will enable a step-change in unit economics for compound semiconductors, leading to the expansion of the market for IQE. The increase in wafer size will expand to new foundry partnerships, including Silicon-based foundries." Chief Executive Americo Lemos says this is a "critical milestone".

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AIM - LOSERS

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Ilika PLC, down 21% at 75.00 pence, 12-month range 74.66p-220.48p. Trading in the financial year that ended April 30 was in line with management expectations but issues warning for 2023. Revenue in recent year estimated to be down to GBP500,000 from GBP2.3 million the year prior. Expects to report annual earnings before interest, taxes, depreciation, and amortization loss of GBP7.0 million versus earnings of GBP2.3 million in financial 2021. Looking ahead, notes its Stereax manufacturing site for miniature solid-state batteries is "taking longer than previously anticipated" to produce product batches that meet specification. Adds: "The shift in the weighting of customer demand towards medical device applications combined with the expectation of optimisation cycles continuing into H2 FY23, means the company now expects commercial sales to commence at the end of that period, later than originally anticipated."

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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IQE renegotiaties long-term supply contract with unnamed customer

(Sharecast News) - Semiconductor wafer products and services company IQE has successfully renegotiated its long-term supply contract with an unnamed "premier tier one" customer for the supply of wafer products used in wireless applications, it announced on Tuesday.

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20 Mar 2018 07:54

UPDATE 1-British chipmaker IQE profit rises, sees solid year ahead

March 20 (Reuters) - Chipmaker IQE Plc, whose technology is used in Apple Inc's iPhone, posted an 18 percent rise in full-year pretax profit on Tuesday on strong sales of wafer, a material, to

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20 Mar 2018 07:24

British chipmaker IQE posts 18 pct rise in 2017 pretax profit

March 20 (Reuters) - British chipmaker IQE Plc, whose technology is used in Apple Inc's iPhone, posted an 18 percent rise in full-year pretax profit on Tuesday on strong sales of wafer, a said

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UK Stocks-Factors to watch on March 20

March 20 (Reuters) - Britain's FTSE 100 index is seen opening 27 points higher on Tuesday, according to financial bookmakers. * BRITAIN-EU: and the on a

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16 Mar 2018 10:32

IQE Acquires cREO Technology From Translucent For USD5 Million (ALLISS)

LONDON (Alliance News) - Wafer products and services supplier IQE PLC said on Friday it has exercised its exclusive option to acquire the cREO technology and patent portfolio

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13 Mar 2018 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

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14 Dec 2016 08:27

IQE set to exceed full-year expectations

(ShareCast News) - Semiconductor wafer products manufacturer IQE posted an update on current trading and its outlook for the year ending 31 December on Wednesday. The AIM-traded firm said that, since the announcement of its interim results on 13 September, its trading has continued to be strong acro

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29 Nov 2016 09:29

IQE Signs Materials Collaboration Deal With Australia's BluGlass

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21 Nov 2016 09:39

Solid State Poaches James From IQE To Be New Finance Boss

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18 Nov 2016 18:17

Friday broker round-up

(ShareCast News) - Tesco: HSBC reiterates buy with a target price of 260p. Sage: Goldman Sachs reiterates buy with a 870p target. Aggreko: Barclays stays at overweight with a 1000p target. Prudential: Barclays reiterates overweight with a 1748p target. IQE: Canaccord keeps at buy with a 51p targe

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25 Oct 2016 13:51

DIRECTOR DEALINGS: IQE Chairman Sells 119,958 Shares

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IQE on track to achieve full-year expectations

(ShareCast News) - IQE expects to deliver a significant increase in revenues and profits for the first half of 2016 compared to the same period a year ago as it continues to diversify its revenues. In a trading update for the six months ended 30 June, the compound semiconductor specialist said sales

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20 Jul 2016 09:47

WINNERS & LOSERS SUMMARY: Man Group Down As CEO Departs For PIMCO

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