October 23, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

IQE’s first-half 2021 GaAs revenue grows 30%, offsetting drops for GaN-on-SiC and Photonics

For first-half 2021, epiwafer and substrate maker IQE plc of Cardiff, UK has reported revenue of £79.5m, down 11.5% on first-half 2020’s record £89.9m. However, after adjusting for a significant foreign exchange (FX) headwind of £8.1m, revenue was £87.7m on a constant-currency basis (down only 2.5%), as trading remained robust across each of the firm’s primary business segments…