Iqe Share Discussion Threads

[mad foetus] 02/11/2017 08:31

150 is proving a tough nut, but it will be broken and when it is, it will be broken decisively and I expect us to run up to 160 pretty quicklyAs a Gooner I also congratulate Spurs, while noting that it will take them many years before they develop the psychological weaknesses that will allow them to consistently lose 5-1 in the knock outs.

[dickiebird2] 02/11/2017 08:27

Now then King'y calm down !!!

[boleyn] 02/11/2017 07:55

Spurs 2 West Ham 3

anything Madrid can't do eh

[sweenoid] 01/11/2017 23:18

Just got back in - it's difficult for a 'Gooner' to say it but Spurs are a brilliant team, wow what a result

Great results fro Qorvo and some super IQE relevant comments in the summary...if you know what to look for
Oclaro were not so great, but you can't win them all

Worth reading the Lumentum CC transcript...it's oh so positive for our VCSEL business :-)
S

[htrocka2] 01/11/2017 21:38

Related item.......Samsung Elec... 1,205.00 +74.38%

[taffy100] 01/11/2017 20:14

Qorvo results.....more good news for IQE

[volsung] 01/11/2017 16:36

I have often fantasied about this with young ladies

[shabbadabbadoo2] 01/11/2017 16:33

A nice short squeeze would be amusing.

[wattene] 01/11/2017 16:21

Marshall Wace LLP shorter decreased their holding to 2.66% on 30/10/2017. This data current for the 1st Nov, source FCA. Slowly but surely they are unwinding, 42+m shares to go.

[picobird] 01/11/2017 13:55

Lumentum have a margin of 40% plus on 3D sensing which is way above their corporate average. They are still negotiating that margin for the latter part of 2018.
With that sort of return IQE will remain Lumentums supplier of choice.
The book to bill ratio of 1.5 sees no sign of reducing during 2018 so the demand is ongoing (Lumentum) & will no doubt increase if Android does adopt VCSELs for 3D sensing.

[owenga] 01/11/2017 13:28

IQE must be shipping VCSELS to Lumentum in advance of Lumentum shipping product to Apple. So lets say we are one month ahead in earning our revenues, we could be looking at more like 22m (assuming 10% to IQE) revenues this year from sales to Lumentum.

hopefully on top of that we are shipping VCSELS to other customers!

[mad foetus] 01/11/2017 13:21

Wh do we make of this old bit of commentary:
Particularly the following:

Three years ago, more than 80 per cent of IQE’s production was to support wireless technology in mobile handsets. But Chris Meadows, IQE’s head of marketing, says that has now dropped to around 70 per cent, because the fastest growing sector is photonics, the area of technology that is concerned with the properties and transmission of photons, such as fibre optics.

“Dogs can [detect] compounds down to parts per million, or parts per billion even,” Mr Meadows says. “Until now, we have not been able to use technology to do that, but optical sensing is getting to the precision where that can happen using lasers and detectors.”

He says the semiconductor industry is at an inflection point: “Mobiles have grown the industry, but compound semi­conductors are key to driverless cars and sensors in healthcare technology. Healthcare will be dependent on compound semiconductors.”

Mr Meadows says the cost of compound semiconductors account for $10 of the price of a mobile phone. The part played by IQE represents about 30 per cent of that.

Isn't $3 per phone quite a bit more than we had factored in?

[sweenoid] 01/11/2017 13:19

so we are really learning nothing new here other than the average monthly income from VCSELS for 3D sensing at the moment - which is entirely Apple-centric and in 2018 will become more broad-based as other applications come online is likely $4.5 million per month......ongoing.

Lumentum grudgingly accepted that they CANNOT supply enough demand - in other words they cant produce enough, the customer wants more than they can produce- this looks really good, as it suggests the monthly revenues for the VCSELS will ramp up to nearer $50million per month...or perhaps more.

Lumentum also clarified that the yield issues affecting AMS who make the full module are not due to them, in other words, any problems with YIELD for the final modules for the iPhone X is NOT down to them or indeed IQE :-)

The interesting thing is who is going to supply Lumentum with the Edge emitting lasers for their big new Chinese customer,IQE make a big noise about VCSELS but historically have been a big EE laser supplier too, of course Lumentum make them as well but can they produce enough as is their dilemma with VCSELS :-) Lumentum won't be drawn on whether this order is for 3D sensing, if it is, then its obviously for Android smartphones.

I have had enough of this CC - it said all I wanted it to :-)
yet again, the analyst community showed what a universally poor standard they are!
S

[owenga] 01/11/2017 12:54

so lets say $180m by end of year, so $18m for IQE.

[owenga] 01/11/2017 12:54

145m ball park sounds about right

[owenga] 01/11/2017 12:52

yup, can hardly ask a question without making mistakes...

[sweenoid] 01/11/2017 12:51

1st 2 analysts are complete muppets

[owenga] 01/11/2017 12:51

ok confirmed 3d was 40m for whole of first quarter, and October was in excess of the first quarter, so more than $40m, so we are looking at well over $120m for quarter ended 31 December.

We believe we make about 10% MF.

[mad foetus] 01/11/2017 12:45

All of them, religiously. I just can't remember everything!

[sweenoid] 01/11/2017 12:43

dont you read my posts ???

[mad foetus] 01/11/2017 12:42

How much of that do we get? Any ideas?

[sweenoid] 01/11/2017 12:40

correction $40million plus ;-) and ramp to continue month to month
$40million in the quarter to September 30

they also confirm they have $300million in orders for this CY
also very positive comments on their other business supplying the hyperscale companies :-)

[owenga] 01/11/2017 12:38

Lumentum $40m 3D revenues just for the month of October

[sweenoid] 01/11/2017 12:32

while we wait

this from Macom on area's of very hightinterest to IQE cos we supply the wafers :-)

MACOM to Showcase its Industry Leading GaN-on-Silicon Portfolio and High-Performance MMICs and Diodes at IEEE COMCAS 2017 in Tel Aviv, Israel

LOWELL, Mass.--(BUSINESS WIRE)-- MACOM Technology Solutions Inc. ("MACOM"), will showcase the industry's broadest and most advanced RF product and technology portfolio optimized for Industrial, Scientific, Medical, Point-to-Point Wireless and X-Band Radar at COMCAS, November 13th - 14th in Tel Aviv, Israel, at Booth #44/45.

Visit Booth #44/45 to meet with MACOM experts and learn more about:

High-Power GaN-on-Si
RF Small Signal Portfolio: Featuring high-performance MMICs and Basestation and Mobile Backhaul devices
High-Performance Diodes: Industry-leading diode design and application-specific solutions
Hi-Rel and Component Devices: The latest screened products for mission critical Aerospace applications
Members of MACOM's product management, engineering and applications teams will be available at Booth #44/45 to answer any questions.

Industry leading experts from MACOM will also be participating in various sessions throughout COMCAS:

See MACOM's Tim Boles speak on 'High Power mmW Switch Technologies' on Monday November 13th, 15:00 PM, Room A.
See MACOM's Frank Traut speak on ‘GaN-on-Si: Thermal Considerations' on Wednesday, November 15th, 09:00 AM, Hall J.