Iqe Share Discussion Threads

[rivaldo] 05/9/2018 14:56

Just announced by IQE partner MACOM - "Industry’s First Single-Chip Solution for 100G Bidirectional Optical Connectivity", with four VCSEL drivers:



"MACOM Announces Industry’s First Single-Chip Solution for 100G Bidirectional Optical Connectivity
Business Wire•September 5, 2018

New MALD-37845 integrates CDRs, TIAs and VCSEL drivers in a single, low cost chip
Full TX/RX solution is targeted for short reach 100G optical modules, AOCs and on-board optics
MALD-37845 will be showcased at CIOE in Booth #1A32, and ECOC in Booth #579
MALD-37845 is sampling to customers today

MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of high-performance RF, microwave, millimeterwave and photonic solutions, today announced the industry’s first integrated, single-chip transmit and receive solution for short reach 100G optical transceivers, active optical cables (AOCs) and onboard optical engines. The seamless integration of four-channel Transmit and Receive Clock Data Recovery (CDRs), four Transimpedance Amplifiers (TIAs) and four Vertical-Cavity Surface-Emitting Laser (VSCEL) drivers within the new MALD-37845 will afford customers unrivaled ease of use and reduced costs.
etc"

[sheep_herder] 05/9/2018 14:51

In answer to the number of VCSEL chip manufacturers, this Yole research note says they identified 50 worldwide.

[aoifesweb] 05/9/2018 14:41

just topped up before the announcement, I'm pretty sure we supply wafers to Finisar who are building the 3d sensor in the new iphones:

[grity] 05/9/2018 13:27

Good for the Goose great for the Gander!


• Needham raises its Lumentum (NASDAQ:LITE) price target by $10 to $90 (a 33% upside) and maintains a Strong Buy rating.
• Analyst Alex Henderson calls LITE the “strongest name” in optical that “trades at the lowest valuation.” 
• Lumentum shares are up 0.3% premarket to $68.10.       
• Previously: Optical stocks down with B. Riley cautious amid tariffs (

[richardc77] 05/9/2018 11:46

Effectively anyone who needs 6” VCSEL’ will be engaging with IQE. As mentioned prior the barrier to entry high and even Finisar with $400m from Apple seem to be struggling to get involved / get a quality product out of their doors

[regasclockwork] 05/9/2018 11:41

maxwellsdemon5 Sep '18 - 11:33 - 20491 of 20491
0 1 0
"We are already fully qualified and in mass production
with six of these companies and in final qualification stages with an
additional six more." -End-

Thanks for reminding us Maxwell. That's 12 of the 20 'in the bag' - Great stuff!!

A thumb-up from me.

[paradores] 05/9/2018 11:37

Agree S-H, the '80:20 Rule' will apply so 20% will command 80% of the market, and your point re how many others are geared-up to RELIABLY deliver (let alone deliver) high quality VCSELs at scale is extremely valid. Not much 'analysis' given to that in recent days...

I think we can expect some cREO news in the coming weeks. 'Hot' (pardon the pun) on-the-heals of DFB.

hxxps://www.laserfocusworld.com/articles/2018/07/iqe-nanoimprint-lithography-technology-tapped-for-dfb-laser-production.html

[maxwellsdemon] 05/9/2018 11:33

Here are a pair of extracts from IQE announcements regarding the 20+ chip manufacturers:

From the results 29/9/2018:

A healthy wireless business and VCSEL engagements with more than 20 chip
companies for sensing, mobile, industrial and data communications
demonstrates the breadth and depth of customer engagements across a range
of technologies and applications and sets the scene for increasing
revenue diversity and growth through H2 2018 and beyond.

From the trading update 24/7/2018:

"Our highly successful H2 2017 ramp of 6 inch VCSEL production for a
major customer has established IQE as the go-to materials solution
provider for this technology. It is widely recognised that with more
than 25 years' experience of working with VCSELs and a clear, visible,
commitment to world leading manufacturing capacity on two continents, we
are and will remain the premier preferred manufacturer of these
materials. H1 2018 has seen a very significant increase in the number
and extent of our engagements with VCSEL chip customers. We are now
engaged with over 20 VCSEL chip manufacturers in Asia, North America and
Europe on qualifications for mobile, sensing, automotive and datacom
applications. We are already fully qualified and in mass production
with six of these companies and in final qualification stages with an
additional six more.

[joeall] 05/9/2018 11:07

It's "20 major" companies so my question would be how many majors there are?

[sheep_herder] 05/9/2018 10:31

hornblower, that's not very logical thinking. There aren't that many chip companies in the world that would be producing high end VCSEL products. And you don't know what percentage of the market these companies control so those 20 could be 80% of the market in which case it's fine.

[horneblower] 05/9/2018 09:26

I assume that there are hundreds if not thousands of potential customers out there although many will be tiny.
If they have 20 out of 25 I would be worried for future growth. 20 out of 200 is far preferable.

[mhassanriaz] 05/9/2018 00:09

ennyweeny- Good questions raised there. How about applying pareto's Law and skim the top 20 out of the 200 or even 100. They have not signed anything as of now in my understanding It said they are in talks to 20 OEM. I wish something was signed or some MOA is in place or probably they have and NDAs clause is applied. Even if its not top 20 in the industry even getting the small to medium chip makers you are still getting expouser and considerable control in the market.moreover, your topline on P&L is getting larger.

[diplomat65] 04/9/2018 23:18

J P Morgan Chase reiterates US$80 price target today for Lumentum (LITE) closing price today of US$67.90. Of 22 US analysts 19 rate the share either a BUY or a STRONG BUY -https://www.americanbankingnews.com/2018/09/04/jpmorgan-chase-co-reiterates-80-00-price-target-for-lumentum-lite.html

[diplomat65] 04/9/2018 22:30

Some interesting projected numbers here with EPS 4.55 by end 2019hTTps://m.investing.com/analysis/iqe-multiple-vcsel-programmes-entering-production-200342047

[eenyweeny] 04/9/2018 22:27

Hi folks, it has been a few months since I last posted anything so here goes with a question,

IQE management have boasted that they have signed up 20 major customers.
My question; how many potential customers are there out there?
If the total is say 25 potential customers then 20 actual customers is excellent news. However if there is 200 potential customers then 20 contracts is pathetic.
Yes, I could try and search the internet and source my own answers but I want to ascertain if anybody on here already knows the answer, as in, is it already easily identifiable common knowledge or more secretive.

Thanks in advance for any new debate.

[mhassanriaz] 04/9/2018 22:09

Can anyone tell me that we supply WIN semiconductor ??If we do then there is something positive.

[richardc77] 04/9/2018 19:13

If crunk is a private equity fund manager, then i’m either a dutch man or the quality of fund managers is worryingly low 😂 (only joking crunk ;))

[loobrush] 04/9/2018 18:31

TIME TO BUY

[paradores] 04/9/2018 17:31

DITTO - mhassan.

2H nailed-on with risk to upside. Confident Interim statement will have put the willies up shorts.

But, IQE can't afford to miss their client/supply chain obligations - they need to carefully 'feather' the production choke etc Therefore delivery remains a risk, albeit a manageable one.

[mhassanriaz] 04/9/2018 17:20

With the current Guidance I am positive we are suppling Apple through the supply Chain for their new upcoming models. If we are supplying lumentum then go and check their c.20% share price rise in the 5 weeks. I am waiting for Bigger customers on board.

[paradores] 04/9/2018 16:59

VMT - SPMC

"The future looks bright with or without Apple"

Short that!!

[bocase] 04/9/2018 16:39

SPMC:

Great write up, spmc, and nice to see substantial buying into the close for a change.

[spmc] 04/9/2018 16:19

Worth a read:



IQE in all 3 new iPhones!