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IQE Iqe Plc

28.00
0.60 (2.19%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iqe Plc LSE:IQE London Ordinary Share GB0009619924 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.60 2.19% 28.00 2,529,124 16:35:24
Bid Price Offer Price High Price Low Price Open Price
28.00 28.30 29.10 27.05 27.05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 167.49M -74.54M -0.0775 -3.65 272.11M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:59:36 O 45,195 28.00 GBX

Iqe (IQE) Latest News

Iqe (IQE) Discussions and Chat

Iqe Forums and Chat

Date Time Title Posts
26/4/202409:54New CEO, new hope, new start for IQE in 20224,417
12/4/202423:39IQE's time has come - 2017 and beyond!36,724
04/1/202311:05IQE - THE ONLY WAY IS UP!!.64
17/10/202207:50IQE - Time to get back in after results?27
31/5/202211:20IQE - TURNED A CORNER, SET TO RISE29,628

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Iqe (IQE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:59:5428.0045,19512,654.60O
16:35:5828.3569,35019,659.34O
16:23:3628.003,9791,114.12O
16:22:2228.3712,0593,421.14O
16:17:4328.212,095590.92O

Iqe (IQE) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Iqe Daily Update
Iqe Plc is listed in the Electronic Components, Nec sector of the London Stock Exchange with ticker IQE. The last closing price for Iqe was 27.40p.
Iqe currently has 961,504,577 shares in issue. The market capitalisation of Iqe is £272,105,795.
Iqe has a price to earnings ratio (PE ratio) of -3.65.
This morning IQE shares opened at 27.05p
Posted at 22/4/2024 17:44 by lord loads of lolly
crosswires - not sure it's down to irregular news flow.

More, that traditionally a lot of IQE's news has been bad. And the company's still not forecast to move into profit this FY.

I could never understand why the share price rose so much after 10th April results. And I said repeatedly at the time that I thought this was unsustainable. I maintain that view, though on a 2 year timescale I expect things (including the share price) to have significantly improved.
Posted at 11/4/2024 08:41 by crosswires
LTS, you’re factually correct but who cares if the share price carries on upward! The headline is fantastic although doesn’t match reality but there will be plenty of investors who just add the share into their portfolio as they see a low share price, and the words “recovery̶1;, “AI” and “Semi conductors” and there isn’t much else like it on the Uk markets.

You could argue that the downside was overdone and perhaps fair value is 30p, even if those folks over at Shadowfall are still banging their drum about IQE being a busted flush again.

Would be great to finally take out that pesky 26p and finish at or above 27p.

In an ideal world we will get a summer update to say we’re ahead of analysts expectations. That way 40p may beckon…
Posted at 03/4/2024 11:57 by bbonsall
Extract from Nov 2022 announcement

AWSC, a leader in the field of compound semiconductor wafer fabrication, has been a partner of IQE for over twenty years. This three-year supply agreement covers epitaxial wafers spanning a range of AWSC’s wireless products, including those which enable 4G and 5G mobile handsets and WiFi products. The agreement provides IQE with diversification opportunities into mass market power amplifier products. IQE and AWSC will also partner in the design and development of solutions for next-generation wireless applications.

Americo Lemos, Chief Executive Officer of IQE, commented:

“This strategic partnership agreement, our first with AWSC, represents IQE’s new approach to business. AWSC and IQE are building upon our longstanding relationship to accelerate innovation by bringing new solutions to serve the growing markets of smart connected devices and automotive. We are very excited about the great opportunities ahead of us in the market.”

Eric Huang, President of AWSC, commented:

“At AWSC, we continuously work on process improvement and new technology development to meet our customers’ requirements. Our partnership with IQE enables us to create leading-edge solutions and to transition them seamlessly to volume production. We are happy to extend and expand our relationship with IQE.”
Posted at 26/3/2024 08:56 by crosswires
Long tall Sally, the new Mrs Maisel 🤣

Good to have a laugh with the current state of IQE share price If anyone hasn’t watched Mrs Maisel on Amazon, tune in, it’s a great show!
Posted at 21/3/2024 00:16 by guildedge
This appears to be to shift production away from China. Not sure what IQE have business wise with Intel. One of IQE recent hires was from Intel.

IQE progress on GAN last year.

May 2023

Of course Intel is 300mm


No one has ever suggested Intel is one of IQE's customers. Silicon and GAN do go hand in hand these days. Doubt Intel will do this overnight. Factories still to be built. I think IQE would announce a major contract as I can't see Intel doing small orders.

As for the monies I doubt IQE would see a penny as it's for the new factories and Intel planning 100bn investment anyway. So small beers for Intel. If Intel wanted IQE tech they would of bought them out cheaply. 200m to Intel is nothing.

In terms of announcements this month think TU is best we can expect.
Posted at 13/3/2024 13:26 by provonar
Further news from the Micledi/Global Foundries microLED supply chain:



So, the technology continues to mature - this next step is to develop the circuit needed to control the microLED emitters in the display to then produce a display module that can be commercialised. So, this is still a mid-term development, but it's encouraging to see statements that this is reckoned to be the most advanced project for scale commercialisation of microLED displays.

Considering the recent bad news from the AMS-Osram & Apple cooperation collapsing (it's bad from the perspective that everyone will take a second look at whether microLEDs are worth the investment and thus may have a cooling effect on the overall industry development timeline), it's good to see development marching forward in the separate supply chain that definitely includes IQE.

It's interesting what is said about 300mm GaN production. As far as I can see, IQE only covers 150mm & 200mm III-V (GaN) epitaxy production - but this is similar to most other III-V epitaxy fabs. There is a recent charge on IQE for the transfer and commitment to pay for two (of three) tools from Aixtron, see the 22.2.2024 entry:



These AIX G5+C MOCVD tools ( only have cradles for 150mm & 200mm wafers. Looking through the other Aixtron tools on offer, it looks like none of the commercial machines go higher than 200mm at present. Maybe some other tool supplier is already looking at 300mm tools for research applications.

So, difficult to know where Micledi's confidence in 300mm production is coming from - perhaps it's sales talk to reinforce the fact that their microLED production is ready for large volumes and therefore will be affordable for OEMs, but hopefully it indicates that this milestone is within reach in the mid-term (which would mean IQE would have to purchase 300mm tools at some point...). However, I expect, just like for VCSELs, the first commercial ramps will be on 150mm or 200mm wafers - so the recent purchase of tools by IQE will still be important plant for the near term.

Step-by-step progress, but it's difficult to see where any significant new orders will come in 2024. There's the sliver of a chance that Apple will switch microLED suppliers in favour of IQE's supply chain, but I expect Micledi/GF would already be in talks with other OEMs about the production for AR applications. However, the ASIC design that Micledi is doing could take anywhere from 1-4 years to complete development and qualification...
Posted at 02/3/2024 15:43 by guildedge
The key thing here is taking events relative to IQE current situation. From reading other posts Micro LED was not a major part of the 3x revenue. Maybe in future years as costs fall. When that does happen IQE will be in the market already. It's possible IQE's 2 small partners here may still use the tech. Have to see where the market goes.

IQE is currently 22p. Even a shift of 75-100m here will certainly double to triple the share price here. IQE was targeting 70p for director bonuses to kick in. Let's see what boost GAN can bring from the US this year. IQE is diversifying so hopefully some or all of the markets will come good.
Posted at 01/3/2024 15:59 by guildedge
The key thing for me is the funds have backed IQE for the last few months. Those that wanted out cleared at 15-20p. Citigroup took on 10% and had no trouble selling 6% of them. Funds rarely buy and sell 1-2 months later. Most of the big shareholders here have not been selling.

The only side step might be if it's Richard Griffith as he has a lot of loaned out shares. It will be months before we find out if AMS actually impacted IQE. If this was Apple dumping them for IQE production then that would be big news. You would hope IQE would announce a big deal if it had been done. Of course IQE are at start of the food chain. It would seem surprising for the CEO to be so positive for huge bad news to follow 1-2 months later. Especially if Lemos has influence. Of course Unless Apple beat IQE down on price. Lemos suggested 30% margins on new deals.

See what happens. Judging from last few days it's been a lot of guesswork on here.
Posted at 29/2/2024 18:03 by bbonsall
Are these the two partnerships IQE referred to? I leave this to the experts.

6 Oct 2022
IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, is pleased to announce it has entered into a partnership with MICLEDI Microdisplays (“MICLEDI̶1;) focused on the large-scale commercialisation of microLED technology.

10 May 2022
IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, is pleased to announce a strategic partnership with Porotech, a pioneer in microLED and GaN-based semiconductor technology. 
The focus of the partnership is to develop, scale and commercialise Porotech's unique wafer technology that achieves all three colours (RGB) on a single 200 or 300mm GaN-based wafer for ultra-high-density and efficient microLEDs, the applications for which include AR/MR/VR, wearable devices, smart displays and large-scale direct view displays.
Posted at 29/2/2024 11:32 by guildedge
The RNS and share price movement are not related.

What is possible is Citigroup have found another buyers for their shares. No fund is going to buy heavily here. Not without solid news. Or a discounted share price. Really not sure shorters are that active here now. Before Citigroup did big off market trades so that is possible.

IQE has stated the big bounces will come from the unlocking of GAN. I think this will be Q2-Q4.

I don't expect any TU in March or before the results. I think the big orders will take a bit longer.

A share which is on the rise is CMCX. Good chance it could keep on rising.
Iqe share price data is direct from the London Stock Exchange

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