Iqe Share Discussion Threads

[agaudry] 26/7/2017 12:45

Too right .... thanks to you for all your excellent info re.iqe and this sector of the market ....

[rutter] 26/7/2017 12:41

Thanks again sweenoid. Crikey, what a future

[sweenoid] 26/7/2017 12:36

Thanks Xylos for that and others for answering my question on the VCSEL TOF camera autofocus solution :-)

So the 'vertical' guys like Finisair ( vertical meaning they do the epitaxy, produce the wafer, then manufacture the chip) simply will NOT have the in-house capacity to ramp up to anywhere near adequate volumes, AND the outsource guys ( those that buy in the VCSEL wafers) like ST Micro and then produce the chips are likely going to be beholden to the best and biggest supplier AND the ONLY one who does 6 inch wafers. It's a total win-win for IQE.
The brokers have IQE ordering £15million worth of 'tools' to kit out the new factory in Newport-an order based on assured demand. IQE said this "In parallel, the Group has placed orders for new MOCVD equipment"
Now IQE as attendees at the AGM can tell you ( those that went on the tour that is ) buy their MOCVD reactors from AIXTRON - I actually asked CHRIS Meadows how much each reactor costs , but have forgotten the answer-i think it was circa £1.5-2 million. IQE actually 'tweak' the reactors after they are fully installed to their own secret specification that ensures the best quality and highest yield on wafers.

This would 'suggest' IQE are in the process of ordering something like 10 reactors!! , these things work 24hrs a day, that sounds mouth-watering in terms of volumes. I know the myopic will groan at the extra Capex especially as it's over and above the extra amount spent last year, but the capacity increase IS the big story here.IQE are reacting to assured business orders AND acting proactively to ensure they stay ahead of the game.
Exciting innit
S

[tomyumgoong] 26/7/2017 12:16

Sheep Herder,Just as an example......https://petapixel.com/2015/12/03/this-is-what-a-color-night-vision-camera-can-see-in-near-darkness/

[tomyumgoong] 26/7/2017 12:12

Sheep Herder,I'm talking visible light not IR which gives a sort of black and white image......I'm talking full colour images at night without any other illumination source!

[a0469514] 26/7/2017 12:05

Someone I know works for the biggest electrical component distributor in Europe and it appears STMicroelectronics have taken a ‘massive’; order (believed to be from Apple) and that all Microcontrollers will be on allocation from next April, and they are getting in touch and sending out emails to ‘all of their most loyal customers’ basically saying, you better stock up with these now as ‘someone’; is going to be taking all production really soon. (So basicaly, sorry loyal customers, someone else has made us an offer we can't refuse).

In addition, ST’s top man says Tesla had just placed an order for 400,000 chips, which means they will have to ramp up production from 5000 – to 50,000 wafers per month. And no-one else will get any as they (Tesla) are taking the lot. So that sounds like two mega orders in the pipeline for ST. The market is incredibly buoyant anyway. Distributors are making loads of money. Lots of stuff going on allocation everywhere, stock scarce, prices go up, the distributors make money.
All that evidence indicates, of course, that the state of the market will be incredibly good for IQE. They may or may not supply ST but whatever, it shows again that they are going to have a very good year as the leading outsource supplier.
Xylos

[sheep_herder] 26/7/2017 11:56

Tommy, we've had night vision tech for years and it's already in every tank, plane, etc. Even infantry and police forces have night vision goggles. They use IR in order to construct the image, not visible light.

I had assumed the Raytheon connection was for high power transistors for radar applications but I can't say I've looked. Wouldn't be surprised to see them working on multiple fronts including IR.

[ny boy] 26/7/2017 11:42

I always only buy what I can afford, pay and hold the stock and what I don't need to sell just to liquidate some cash, then you can enjoy long term gains.

[hammerd2] 26/7/2017 11:37

OMG, here are some brave/stupid people for you.



Rather than cut their losses, Ennismore have decided to "double down" and are down another 5/6p on a further 0.1%. And Marshall Wace have joined the fray and are down around 3p per share on 0.5% (averaged prices on the days they traded).

[someuwin] 26/7/2017 11:25

Edison update out

IQE

Start of mass market VCSEL ramp-up

They haven't changed their numbers much at this stage but do say this...

"...We intend to present a detailed scenario analysis examining the potential impact of a range of different rates of volume ramp up on IQE’s earnings in our September note commenting on the interim results."

[richardc77] 26/7/2017 11:21

H2 yes I kind of agree, for me the fingerprint unlock is the best solution for pretty much every case scenario I can think of.

[richardc77] 26/7/2017 11:19

Hmm very honest and brave I think Tonsil. 3 of those 4 other companies are rather more mature with much larger market caps than IQE and I suspect have much less room for such spectacular gains. It would take something to seriously go wrong with the market or IQE's execution for me to sell any for some time to come; my only regret was not picking up 500k a year ago instead of 200k. On the other hand I'm a glass half full chap, so I am grateful that the introduction over on the IMG board and the fine research by several posters on this board persuaded me to invest further back then.

[hammerd2] 26/7/2017 11:15

It can see in the dark, but it can't see through a desk when a user is trying to unlock their phone without their boss seeing them though :-)

Can't imagine having to hold a phone up in front of my face to get it unlocked. But then again I couldn't imagine a lot of things before they were suddenly indispensible...

[agaudry] 26/7/2017 11:05

disarmingly upfront & honest of you tonsil .... it's easy to proclaim victories but to be open about a bit of a miscalculation is a powerful statement.

[tonsil] 26/7/2017 10:42

At the risk of incurring Sheepy's ire I thought I would recount this salutary tale.

At the 50p mark on the IQE share price graph i sold about £10k of my IQE holding with a view to investing into their customers as listed in the header. I am quite sure others will have been tempted to do the same. I duly 'invested' the proceeds in Oclaro Qorvo Macom Acacia and Skyworks. Applied Opto was looking peaky so i left that out.

The result? Don't laugh! I am down about £1100 on that lot. If i had left the money in IQE i would have been up £11,000.

You may be tempted but DON'T DO IT!!

[twatcher] 26/7/2017 10:29

It appears that if apple want to do facial recognition properly, they need VCSEL in the front mounted camera. If they want to do AR properly, they need VCSEL in the rear mounted camera.

I can't see apple removing fingerprint id from the phones, for several reasons.
1) Many 3rd parties have just gotten round to trusting it for authentication.
2) FP is more convenient that facial, you can unlock a phone on the desk without picking it up, or in dark place. Would facial require a front mounted flash (or a full brigthness screen) in the dark to be activated, if so it's hardly an elegant solution.
3) Facial isn't a mature technology in comparison to FP.

So if FP isn't being removed, I don't see it consistent for Apple to implement a 3rd way of authenticating yourself(fingerprint, pin code, and facial). However if we see the FP sensor move to the rear of the iphone, which one rumour suggests, it might indicate that Apple sees facial as the long term answer. Maybe they prefer facial over the technical issues of having to embed the FP sensor in the rumoured edge-2-edge screen, with an initial interim measure of moving the FP sensor to the rear for compatibility.


So I'd suggest that of the two cameras, it's far more likely that VCSEL will appear in the rear mounted camera, with a possibility it will appear in the front mounted camera too.

However Apple is Apple and anything is possible. At this stage these decisions have long been made, we just don't know what they are. What we do know is that where Apple goes, the rest tend to follow, so any implementation of VCSEL by apple would signal a wider implementation within the sector.

[nfs] 26/7/2017 10:16

2.50-3?Way too low

[someuwin] 26/7/2017 09:54

I think a buyout is almost inevitable.

The only question is when? and at what price?

...Ok two questions.

[rogerbridge] 26/7/2017 09:50

This is a great British company, I just hope that it does not get bought out, in here for the lng term.

[poombear] 26/7/2017 09:15

Iqe have been involved with ST Micro and AMS via their recent purchase of Princeton Optronics.

[big7ime] 26/7/2017 08:40

Any idea which of the above companies if not all do IQE supply?

[aimingupward2] 26/7/2017 08:37

- as chips?

[logica2me] 26/7/2017 08:34

128p will look cheap soon