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Fri, 10th Nov 2023 08:55
IQE PLC - Cardiff, Wales-based supplier of compound semiconductor wafer products - Chief Executive Officer Americo Lemos buys 1.4 million shares at 17.15 pence, worth GBP234,443, on Thursday. Lemos now has 9.8 million shares, a 1.0% stake.
Current stock price: 17.86p, down 1.0% in London on Friday
12-month change: down 63%
By Tom Waite, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
(ShareCast News) - Semiconductor wafer maker IQE said 2% revenue growth in the first half of the year was driven by strong revenue growth in its wireless market. Revenues rose 2% to £53.2m and adjusted operating profit increased 5% to £6.7m, while the AIM-listed group managed to reduce its borrowing
Read moreShares in semiconductor supplier IQE were up following news the company would form a joint venture with Cardiff University. At 1011 BST on Thursday shares in IQE had lifted by 2.33% to 22p. Under the arrangement, IQE would contribute equipment with a market value of £12m, to be matched by a £12m ca
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