As previously announced, we will also be paying a special cash dividend of c.Â£350 million (10.7 pence per share) on 12 July 2019 (July 2018: 10.4 pence per share), subject to shareholder approval today.
interesting post and links Sweenoid26 Feb 2019 09:12
From sweenoid 26 Feb '19 - 07:19 - 24725 of 24736 on ADVFM 0 29 0 Health warning Certain posters seem to suggest that reading my posts influences persuadable, stupid, ignorant people into buying shares , what an insult to the vast majority of you! so if you are daft, a muppet, incapable of rational thought or your own decision making, please stop reading now, ( to my knowledge, I have yet to push anyone else’s BUY button),the Daily Mail is a suitable alternative. However if you have more than half a brain and are capable of making your own mind up, you might want to carry on reading! ;-), be warned, but not surprised, it’s a positive posting.
A very nice announcement from AMS at MWC in Barcelona , remember Lumentum are the key VCSEL module supplier to AMS and IQE supplies Lumentum with VCSEL wafers. The KEY importance here is that the AMS Merano photodiode opens up the world of 3D sensing to MID RANGE smartphones, at present Face ID is restricted to high end models. This will significantly increase the TAM ( total available market) for IQE VCSELS :-). New technology always starts in high-end models, before becoming ubiquitous- think air- con in cars! That’s the way 3D sensing will go in all sorts of applications....from rare to common place.
By the way, don’t forget for a moment, that whilst 3D sensing in smartphones is at present the biggest use of VCSELS, automotive and industrial applications are equally large if not larger markets. :-)
I have being ‘banging’ on about GAN on Silicon for years , yesterday’s joint announcement confirms that component of IQE’s portfolio is/ will be delivering significant revenues for this year but more significantly a huge $$ revenue flow in the future :-)
Another pet subject of mine is the use of VCSELS for HAMR- heat assisted magnetic recording. IQE will be supplying Seagate with VCSELS for the laser diodes mentioned and demonstrated in this great BLOG, it’s worth reading as it explains simply how this technology works. Data storage and how to ‘handle it’ is a major issue in a world where everything in our everyday lives is recorded and stored in the cloud. The ability to deliver 20 terabyte and ABOVE HDD’s will drive Seagate’s, and hence our revenues. The ‘plug and play’ facility is critical- simply put it means that these HAMR drives can be used exactly the same way as conventional drives, meaning customers have to make no costly infrastructure changes to utilise radically new technology.