IQE is flying today2 May 2019 15:57
Up 15%+
Dr Drew Nelson, CEO and President of IQE commented:
“I am very pleased to announce IQE’s receipt of full product qualification status from our leading VCSEL customer, and the first order for mass production from our new Mega Epi foundry in Newport.
“IQE has invested heavily, along with help from the Cardiff City Region Deal (CCR), to build the worlds largest outsource epi facility, demonstrating our commitment to providing the capacity required for large scale deployment of VCSELs and other Compound Semiconductor (CS) products, as the CS industry moves through a real inflection point in volume manufacture.
“IQE is committed to leadership of this mass CS scaling, offering a unique range of wafer products and complementary technologies, enabling our customers to introduce disruptive products to the end marketplace. We have a powerful and extensive roadmap for VCSEL technology, which we believe will help the acceleration of the deployment of VCSELs across many end applications”