IQE Plc is a holding company, which engages in the research, development and provision of engineering consultancy services to the compound semiconductor industry. It operates through the following segments: Wireless, Photonics, Infra Red, and CMOS++. The Wireless segment includes mobile smartphones, base station, mobile networks, Wi-Fi, smart metering, satellite navigation, and a plethora of other connected devices. The Photonics segment refers to devices that emit or detect light, such as advanced laser and sensors. The Infra Red segment supplies indium antimonide, and gallium antimonide wafers for advanced infrared technology, primarily see in the dark defence applications. The CMOS++ segment combines the advanced properties of compound semiconductors with silicon. The company was founded in 1988 and is headquartered in Cardiff, the United Kingdom.
IQE plc LON:IQE
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About IQE plc
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IQE plc (LON: IQE) said on Friday that it expects its revenue to increase by a minimum of 27% in the first half (H1). The company expressed confidence in the performance of its light sensors and wireless equipment businesses as it forecast a return to profitability by the end of H1. Shares of the company were reported 8.6% up in premarket trading on Friday. At 50 pence per share, the British technology firm is roughly 2% down year to date...