Iqe Share Discussion Threads

[solderflux] 20/7/2018 15:41

I would hold back the TU for few days citing unusual spell of hot weather. At present it looks like going in a bin.

[mad foetus] 20/7/2018 15:32

LITE is down sharply. Trump effect I think but he seems like Canute trying to hold back globalisation and the digital tide

[paradores] 20/7/2018 14:58

Inch practice ;o) look for a blue close. Stranger things have happened and quite a few got bumped out between 1400-1450, just what those hungry shorts are looking for and can't get enough of.

[paradores] 20/7/2018 14:42

Exactly! Laughable...and an interesting window on the tactics employed, MMs appear to have marched down to clear a 88k sell at £1.06.

[american idiot] 20/7/2018 14:39

What are the odds on any kind of Trump tariffs directly affecting IQE ?

[adejuk] 20/7/2018 14:35

trump fired the gun

[adejuk] 20/7/2018 14:26

4% in an hour

[mhassanriaz] 20/7/2018 14:06

Trump is after chinese again and this will affect Techs badly.

[mhassanriaz] 20/7/2018 13:44

Skyworks: "We also secured strategic flagship wins at Huawei, Samsung, Oppo, Vivo, LG and Nokia"

Does this mean that we are providing for Huawei and Oppo as well????

"Huawei Technologies, the Chinese smartphone maker, is closing in on Apple Inc. announcing that it shipped 100 million phones as of Tuesday and that it is on track for total shipments of 200 million units this year.

If that goal is met, it would put it within reach of Apple, which is in second place in terms of smartphone shipments behind Samsung Electronics.

"Companies like Oppo and Vivo, which are devoting serious engineering resources to find creative solutions to avoid 2018’s most conspicuous design trend, are hoping that the answer is “a lot.” The Oppo Find X and Vivo Nex both use complex moving parts to hide and reveal components like selfie cameras and face scanners that would otherwise have to be housed in a notch in an “all-screen221; phone."

[belt n braces] 20/7/2018 13:33

I wonder what is going to be the most price sensitive information: The anticipated TU or the write up (Kinnock style) following sweenoid's factory tour?

[rivaldo] 20/7/2018 12:18

Here's the transcript of Skyworks' conference call:



This is the summary at the start:

"The Skyworks team produced solid results once again in Q3. We generated a revenue of $894 million above consensus estimates. We expanded gross margin to 50.9%, up 20 basis points both sequentially and year-over-year. We delivered record Q3 earnings per share of $1.64, $0.05 better than our guidance. And finally, we continue to deploy our cash to create shareholder value, returning nearly $300 million during the quarter through share repurchases and dividends.

From a market perspective, we are entering the seasonally strong second half while on track for another year of record financial performance. Based on our Q4 outlook, we will end the fiscal year with mid-single-digit revenue growth, greater than a 10% EPS increase and record cash returns. This despite a choppy market backdrop and a government imposed trade ban on a sizable Chinese customer.

Our confidence is underpinned by our product expansion and reach, expanding premier mobile and broad market accounts. For example, during the quarter, we commenced production of access solution for Cisco, capture content and Linksys new dual-band mesh networks ramped connectivity engines for Amazon’s 4K Fire TV, a leading voice enabled streaming media platform. Partnered with Sierra Wireless on LTE CAT-12 data cards for M2M applications, deployed networking solutions supporting AT&T DirecTV gateway, extended our footprint across Nest home automation platforms. Enabled LTE telematics at TM and BMW and we introduced high precision GPS functionality, improving ride sharing, mobile payment and fleet management services. We also secured strategic flagship wins at Huawei, Samsung, Oppo, Vivo, LG and Nokia. And then our infrastructure markets, we powered massive MIMO solutions for a leading European base stations supplier.

In summary, we continue to expand the aperture of a design win pipeline spanning mobile, IoT, in a broadening set of diverse end markets. With IoT, the rapid proliferation of volumes represents a significant growth opportunity for Skyworks. Ericsson, for example, estimates that there will be 29 billion connected IoT devices by 2022. And at the same time 5G is upon us to dramatically higher speeds and lower latency enabled by 5G will catalyze a wide range of uses cases from the connected battery to the autonomous car to artificial intelligence. In order to make the leap to 5G system architectures require significantly more powerful connectivity engines to ensure performance hurdles are overcome.

Skyworks is leveraging our deep systems knowledge, strategic partnerships and formidable investments to accelerate the deployment of 5G with our Sky5 platform providing end-to-end performance across this critically important new spectrum. To that end, we reached key milestones this past quarter, including the launch of our Sky5 antenna tuning portfolio. Our newest 5G solutions deliver enhanced bandwidth coverage from 60 megahertz to 6 gigahertz. This is an enormous and incremental source of content growth for Skyworks as the number of antennas increased substantially across 5G engines.

In addition, last quarter we successfully demonstrated our proprietary fully integrated Sky5 sub-6 gigahertz engines supporting new 5G and our radios across frequency bands and n77, n78 and n79. Quite simply Sky5 is enabling new 5G networks and facilitating ubiquities wireless connectivity for both people and things."

[dr_smith] 20/7/2018 11:51

Thank-you gnmartin.
Maintaining optimism...maybe that is a cautious client side requirement, perhaps settings can be copied across and the client side acceptance is much quicker without iterative mods and refinements.
Dave (not a Doc..middle name Russell :-) )

[gnnmartin] 20/7/2018 11:36

Dr. Smith: in answer to my question at the last AGM, I was told that when a customer accepts that an IQE wafer meets their specification, the qualification applies to a specific machine.

[dr_smith] 20/7/2018 10:51

Ipavlou. On testing, my armchair understanding is that it is to:
1) Set up and calibrate that machine
2) Client acceptance/confirmation it is what they want.

Given that previous machines were older, they couldn't just copy set-up across machines, but if we have a set of 10 machines, all same spec, then, possibly, having tested/calibrated for one client, the same set-up can be copied across as a file to the other machines, atleast for client aspect if not calibration - if for same client of course.

3D printers do just that, different equipment here, but same concept could well still aply.

I am blindly assuming majority of set-up is controlled by data parameters, no spanners involved.

Also.. if 1 m/c is set up for 1 client, then I would assume those settings can be saved, so that that same m/c can run a batch for a different client, without having to re-qualify with client when reverting to the former set-up.

That's my optimistic hope until someone brings me down to earth with reality. ;-)

[davemac3] 20/7/2018 10:21

Update next week then?

[nickwild] 20/7/2018 10:19

I hope Sweenoid posts a review of his IQE visit this afternoon before he gets Hammered.

[paradores] 20/7/2018 08:52

More a stock-pickers market IMO though with IQE very much on that select list given the unstoppable momentum of 5G, IOT driverless cars and augmented tech and their tech lead and competitiveness across so many areas.

o/t I also see exciting upside for a number of emerging and undervalued full-cycle/emerging E&P plays - there are fundamental, structural supply and supply chain problems facing the industry compounded by recent years under investment in exploration and SC infrastructure that will see Brent steady at $70-85 for the foreseeable. Given the lack of supply wiggle room a supply crunch is a real risk. Clearly not good for anyone!!

As for the opportunities:
1. Following a series of mgt failures and bad luck I would put TLW top of the target M&A list.
2. ECHO top of the stellar list and
3. AMER top of the unloved/undervalued list.

GLA - not long now for IQE. THE FUTURE'S BRIGHT.

[picobird] 20/7/2018 08:46

TVM for the link on YouTube. Cellular internet is cheap here after 4 months of faffing around re getting the hang of the different plans. For 20p I can access YouTube for a couple of days with a slow download speed. Still a meany at heart :))