IQE Share News (IQE)

IN BRIEF: IQE makes commitment to net-zero carbon neutrality by 2050

IQE PLC - Cardiff, Wales-based semiconductor wafer products - Makes formal commitment to net-zero carbon neutrality across its operations by 2050. Plans to reduce its greenhouse gas emissions in line with the Science Based Targets initiative net-zero standard, as part of this. The initiative promotes the best practices in emissions reductions and net-zero targets in line with climate science.

IN BRIEF: IQE shares up with first commercially available VCSEL wafer

IQE PLC - Cardiff, Wales-based semiconductor wafer products - Notes it developed the first commercially available 200-millimetre vertical cavity surface-emitting laser epi wafer. Says it will enable a step-change in unit economics for compound semiconductors, leading to an expansion of the market for IQE. Adds that it is based on the company's patented 200mm technology for wireless and photonics compound semiconductor applications.

AIM WINNERS & LOSERS: IQE makes new epiwafers; Ilika sees sales delay

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

IN BRIEF: IQE enters strategic technology partnership with Porotech

IQE PLC - Cardiff, Wales-based semiconductor wafer products - Enters strategic partnership with Porotech, which specialises in microLED and semiconductor technology. Porotech is the trading name for Cambridge, England-based Poro Technologies Ltd. "The focus of the partnership is to develop, scale and commercialise Porotech's unique wafer technology," IQE explains. The firms aim for ultra-high-density microLEDs which can be used in "wearable devices, smart displays and large-scale direct view displays," IQE adds. "We believe the microLED market presents a significant opportunity for our business," says IQE Chief Executive Officer Americo Lemos.

Canaccord Genuity lowers IQE to 'hold'

(Sharecast News) - Analysts at Canaccord Genuity downgraded semiconductor IQE from 'speculative buy' to 'hold' on Wednesday, stating the firm was stuck between "a wafer and a chip place".

TRADING UPDATES: Solid 2021 for Ten Entertainment, Central Asia Metals

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IQE swings to adjusted loss as new CEO conducts full review

(Sharecast News) - Semiconductor wafer supplier IQE reported a 13% fall in revenue in its full-year results on Tuesday to £154.1m, or 7% at constant currency.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: IQE CEO Americo Lemos buys GBP150,000 in shares

IQE PLC - Cardiff, Wales-based semiconductor wafer products - Chief Executive Officer Americo Lemos buys 386,748 shares at average 38.44 pence, worth GBP148,666, on Friday last week.

IN BRIEF: IQE non-exec director Nelson buys GBP1.5 million in shares

IQE PLC - Cardiff, Wales-based semiconductor wafer products - President & Non-Executive Director Drew Nelson buys 4.1 million shares at an average price of 36.36 pence each, worth GBP1.5 million, on Tuesday.

IQE FY revenues and capex seen in line with previous guidance

(Sharecast News) - Compound semiconductor wafer products supplier IQE said on Tuesday that full-year revenues and capex were both expected to be in line with previous guidance.

IQE forms ESG board committee

(Sharecast News) - Semiconductor wafer and materials supplier IQE announced the formation of an environmental, social and governance (ESG) board committee on Monday.

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

Deutsche Bank lowers target price on IQE

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on semiconductor manufacturer IQE from 60.0p to 50.0p on Friday following the group's "disappointing" fourth-quarter trading update.

LONDON BROKER RATINGS: RBC cuts SSE; UBS raises easyJet to buy

LONDON BROKER RATINGS: RBC cuts SSE; UBS raises easyJet to buy