IQE Regulatory News (IQE)

IQE plc

Reach

Cardiff, UK

2 November 2020

IQE announces the successful development of IQGeVCSEL 150™ technology

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading manufacturer of advanced semiconductor wafer products for the global semiconductor industry, is pleased to announce the successful development of its IQGeVCSEL 150™ technology for 6" Vertical Cavity Surface Emitting Lasers (VCSELs) on Germanium (Ge), a critical step in the pathway to 200 mm and 300 mm VCSEL technology.

VCSELs are a key component in telecom and 3D sensing systems. Applications include high speed datacentre infrastructure; facial recognition, proximity sensing and LiDAR time-of-flight sensors on mobile handsets; in-cabin and environmental sensing for autonomous drive vehicles; and 3D image recognition. As demand for VCSELs grows and technical requirements become more stringent, there is the need to scale to larger wafer diameters and demonstrate a path for integration with leading edge CMOS technology. IQGeVCSEL 150™ is a key development milestone in addressing this. Germanium substrates are readily available in diameters up to 200 mm and provide a clear route for VCSEL growth on Si substrates (through the use of IQE's world-leading Ge on silicon templates) up to 300 mm.

Using this unique, patent pending technology, IQE has demonstrated device performance parity between identical VCSEL structures grown on Ge and conventional Gallium Arsenide (GaAs). While the conventional growth of VCSELs on 200 mm GaAs substrates is currently virtually impossible, the use of Ge removes this limitation. This is because Ge substrates allow for optimal strain management, resulting in a VCSEL wafer that is ~10x flatter compared to VCSEL on GaAs. This not only simplifies the subsequent wafer fabrication process but results in a wafer that is up to ~3x more uniform. The improved wafer flatness provides additional design flexibility for thicker device architectures required to access longer wavelength VCSELs. Finally, the Ge substrates are available with zero defect density, resulting in higher quality VCSEL epi material compared with GaAs.

Dr Rodney Pelzel, Chief Technology Officer of IQE, commented:

"I am delighted to announce the successful development of IQGeVCSEL 150™ technology. Demonstrating device parity with GaAs but with a more uniform VCSEL wafer and improved flatness is a highly significant milestone, and we have begun sampling with partners and customers. In addition, this provides clear line of sight to growth on larger diameter wafers as well as VCSEL growth on silicon at 200 mm and 300 mm wafer sizes."

Contacts:

IQE plc

+44 (0) 29 2083 9400

Drew Nelson

Tim Pullen

Amy Barlow

Headland Consultancy (Financial PR)+ 44 (0) 20 38054822

Andy Rivett-Carnac: +44 (0) 7968 997 365

Chloe Francklin: +44 (0)78 3497 4624

ABOUT IQE

http://iqep.com

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

· handset devices

· global telecoms infrastructure

· connected devices

· 3D sensing

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with c. 650 employees across nine manufacturing locations in the UK, US, Taiwan and Singapore, and is listed on the AIM Stock Exchange in London.