IQE plc : IQE secures major order for advanced laser communications technology
December 04 2012 - 1:00AM
Cardiff, UK, 4 December
2012: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading
global supplier of advanced semiconductor wafer products and
services to the semiconductor industry, has received its first
single order valued at more than £1 million for advanced laser
wafers to enable a new generation of fibre-optic communications
devices.
This order is to be delivered during the first
half of 2013 with further significant follow-on orders expected,
driven by strong demand in China for datacentre applications and
infrastructure build out. The wafers will be produced at IQE's
Cardiff manufacturing facility utilising its state-of-the-art 100mm
InP platforms.
Optical interconnects are on the brink of rapid growth driven by
strongly increasing demand for "big data" applications across data
centres, fibre-to-the-home (FTTH), backbone interconnection of
4G/LTE base stations and active optical cable (AOC) interconnects
between computers and peripheral consumer electronic devices, to
replace current copper USB2 cables.
Dr Drew Nelson, President and CEO of IQE,
said:
"IQE has
established a clear leadership position in the design and supply of
advanced semiconductor wafers for a wide range of optoelectronic
applications. This latest order for a new range of low-cost,
high-performance optical fibre components marks a key milestone in
the adoption of optical interconnects for a range of high volume
applications."
CONTACTS:
IQE plc (+44 29 2083
9400)
Press/Investors: Chris Meadows
Technical: Dr Wynne Jones
Note to Editors
IQE is the leading global supplier of advanced
semiconductor wafers with products that cover a diverse range of
applications, supported by an innovative outsourced foundry
services portfolio that allows the Group to provide a 'one stop
shop' for the wafer needs of the world's leading semiconductor
manufacturers.
IQE uses advanced crystal growth technology
(epitaxy) to manufacture and supply bespoke semiconductor wafers
('epi-wafers') to the major chip manufacturing companies, who then
use these wafers to make the chips which form the key components of
virtually all high technology systems. IQE is unique in being able
to supply wafers using all of the leading crystal growth technology
platforms.
IQE's products are found in many
leading-edge consumer, communication, computing and industrial
applications, including a complete range of wafer products for the
wireless industry, such as mobile handsets and wireless
infrastructure, Wi-Fi, WiMAX, base stations, GPS, and satellite
communications; optical communications. The Group also manufactures
advanced optoelectronic and photonic components such as
semiconductor lasers, vertical cavity surface emitting lasers
(VCSELs) and optical sensors for a wide range of applications
including optical storage (CD, DVD, BluRay), thermal imaging,
leading-edge medical products, pico-projection, finger navigation
ultra-high brightness LEDs, and high efficiency concentrator
photovoltaic (CPV) solar cells.
The manufacturers of these chips are
increasingly seeking to outsource wafer production to specialist
foundries such as IQE in order to reduce overall wafer costs and
accelerate time to market.
IQE also provides bespoke R&D services
to deliver customised materials for specific applications and
offers specialist technical staff to manufacture to specification
either at its own facilities or on the customer's own sites. The
Group is also able to leverage its global purchasing volumes to
reduce the cost of raw materials. In this way, IQE's outsourced
services, provide compelling benefits in terms of flexibility and
predictability of cost, thereby significantly reducing operating
risk.
IQE operates nine facilities located in
Cardiff (two), Milton Keynes and Bath in the UK; in Bethlehem,
Pennsylvania, Somerset, New Jersey, Greensboro, North Carolina and
Spokane, Washington in the USA; and Singapore. The Group also has
11 sales offices located in major economic centres worldwide.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: IQE plc via Thomson Reuters ONE
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