Iqe Share Discussion Threads

[crosswires] 27/6/2022 07:13

Richard Griffiths at it again!

[indiestu] 26/6/2022 18:57

Tomduck. Please can we have an update on your cat. Thank you.

[crosswires] 25/6/2022 15:52

Absolutely Tomduck and Bing correct, and that (5G) will be where if not all the lion share of IQE VcSELs are.

[bing_b] 25/6/2022 15:32

sf5 - thank you for the link. Per the graph from your link. Whilst it is indeed true that the overall number of smartphone sales is expected to fall in 2022 it is worth noting that 5G phone sales are still forecast to increase fairly significantly.

[tomduck] 25/6/2022 15:30

There will be risks for most companies heading into the next couple of years, it’s those that can expand their reach who will buck the market. 8” “should” be a notable gain for IQE but the tap being turned back on for 5G roll out in China will be too. Added to the tailwind for $|£ rate and it “should” (that word again ;)) add up to an share price re rate over the next year or two.

[bbonsall] 25/6/2022 15:13

I think IQE will experience high demand for its wafers in many wide ranging markets. Military applications of LIDAR, not to mention automotive, will grow hugely. Medical and security applications will grow too. Mobile phones and VR/AR headsets will become an ever piddling part of IQE’s business. Some on here still think it is all we are involved with.

[sf5] 25/6/2022 12:21

Beware the risks of strong headwinds in the phone market from falling demand. After all, a new phone is hardly a must-have purchase for cash-strapped consumers

I suspect that in today's investment climate the health of IQE's bread and butter market may be a bigger influence than hype over jam-tomorrow niche products like AR/VR stuff. Delighted to be proven wrong!

[horneblower] 24/6/2022 23:18

I can see AR glasses becoming "must-haves" when the wearer gets a major advantage from wearing them.

The glasses would have both audio and visual imputs so, would hear and see all that the wearer hears and sees. It would then occasionally suggest real-time hints to the wearer, either "in-ear" or on-screen.

For example, if, in conversation, the wearer hears her friend say, "Hey, did you catch Bono on Desert Island Discs yesterday?", the glasses would pop up her friend's name, in case she'd forgotten it, along with an image of Bono, and the earphones would say, "Prog rated 6/10 by journos; his luxury item was a nailbrush and his first record was "Swedish Rhapsody"

When the glasses can proactively provide extra details to one's immediate intelligence in a natural and intuitive way, what's not to like?

Of course, it will turn us all into zombies in a far more affective way than our phones do currently. But that's progress.

[indiestu] 24/6/2022 22:18

Surely the twelve inch epitaxy will be the game changer. Economies of scale. What Nm platform is this on?

[crosswires] 24/6/2022 17:56

Most interesting bit of Kuo’s AR note…I love the sound of point 2 and 5 ;)

Apple will be a game-changer for headsets.
(1) Although Apple has repeatedly reiterated its focus on AR, I believe Apple AR/MR supporting video see-thru could also offer an excellent immersive experience. Therefore, the launch of Apple AR/MR will further boost the demand for immersive gaming/multimedia entertainment.
(2) Apple AR/MR would be the most complicated product Apple has ever designed, so many existing suppliers are also in the Apple AR/MR supply chain.
(3) Benefiting from Apple AR/MR’s innovative experience, Apple and Apple supply chain would be re-rated in the next 2–3 years, which favors the stock price.
(4) Apple is an industry leader with significant competitive advantages and doesn’t need to join the Metaverse Standards Forum now.
(5) After Apple launches AR/MR headset, I think Apple’s global rivals will compete to imitate it, leading the headset hardware industry to the next stage of rapid growth and benefiting the related services and content ecosystem.

[longtallsally] 24/6/2022 14:28

Volume on AR will come when it is glasses (and not the band which is mooted to be the first iteration) and when it is untethered from the phone, perhaps in 2025. However it has to start somewhere and Apple as usual have waited until they can see it’s able to be a game changer.

[deascii] 24/6/2022 13:47

Just to follow up on Sweenoid's post... Comments from leading Apple analyst Ming-Chi Kuo. Apple will be a game-changer for headsets.
(1) Although Apple has repeatedly reiterated its focus on AR, I believe Apple AR/MR supporting video see-thru could also offer an excellent immersive experience. Therefore, the launch of Apple AR/MR will further boost the demand for immersive gaming/multimedia entertainment.
(2) Apple AR/MR would be the most complicated product Apple has ever designed, so many existing suppliers are also in the Apple AR/MR supply chain.
(3) Benefiting from Apple AR/MR’s innovative experience, Apple and Apple supply chain would be re-rated in the next 2–3 years, which favors the stock price.
(4) Apple is an industry leader with significant competitive advantages and doesn’t need to join the Metaverse Standards Forum now.
(5) After Apple launches AR/MR headset, I think Apple’s global rivals will compete to imitate it, leading the headset hardware industry to the next stage of rapid growth and benefiting the related services and content ecosystem.

SOURCE: hxxps://medium.com/@mingchikuo/new-growth-focus-of-vr-headset-industry-in-post-meta-era-metas-competitors-chinese-market-and-491c7537e20b

[sweenoid] 24/6/2022 12:20

This looks interesting in terms of product and timeline



Those words keep repeating AR+VR augmented and virtual reality - the Metaverse and now increasingly MR - modified reality.

ALL IQE targets and now with a pivotal role in micro LED display via its partner Porotech ( primary target there is AR/VR glasses and headsets and already partnered with the top display companies)this could be promising indeed… or maybe not 😉

This is good news too



Apple iPhone also had a significant % gain in sales in China in My after the slowdown in April due to lockdowns.

S

[guildedge] 23/6/2022 17:11

What was Paul Scott's verdict on Stockopedia yesterday?

[sf5] 23/6/2022 16:50

Brief comment by GF CEO
Question is, will this $trn investment be profitable? IQE certainly has form in capital investment delivering little shareholder value.

[lord loads of lolly] 23/6/2022 09:12

I imagine most people look at the headline numbers cos they directly affect what the company made (or lost). As opposed to constant currency, which reflects company progress (or decline) once factors outside its direct control are excluded. IQE won't be immune to inflationary pressures. But if it's truly market-leading, it should simply increase its prices accordingly. If it fears this would reduce sales volumes, it really isn't market-leading.

[sweenoid] 23/6/2022 07:50

The next trading update?
Next Thursday marks the end of IQE‘s financial year. The AGM is held tHE days before. It seems to me that the day of the AGM is an ideal time for the next trading update. It makes absolute sense when the meeting is being held in London with the London analysts present ( didn’t happen when held in Wales, so I think that’s a clue?),that IQE should update it investors about progress during H1,all the information necessary for the update will be available to the CFO at the time.

IQE as has already prepared the market and its investors for a rather drab H1 results, the key aspect of the trading update will be looking into the second half and the what the new CEO says about trading in the second half is pivotal to how the share price will react in the next few months, the tone is crucial.

The currency situation is very interesting, at present the pound has significantly lost strength against the dollar which is good for results which are announced in £, Obviously IQE also announce their results in terms of constant currency basis which is absolutely fair because most of our earnings are in dollars. However the headline grabbing numbers are announced in pounds so therefore the deterioration of the pound against the dollar is good for the headline numbers, which many don’t see beyond! 😉, the depreciation in the last 2 months visa v last year May make H1 results ( in Stirling) rosier than they would have been.It is unlikely that the pound will gain any strength against the dollar in the short-term in fact US interest rates are likely to continue to increase putting more pressure on Stirling. For the second half the pound may very well maintain a depreciation against the dollar of about 15% increasing sterling income by the same figure in the all important H2.

IQE is not immune to the inflationary costs and I’m sure this will be mentioned and may be a bit of a damper for results but it has to be discussed, however the reception to any trade statement will be totally dependent upon the tone of the message delivered by the CEO. The opportunity v risk situation is paramount, my own opinion is the the global demand for compound semiconductor material in a digital world will actually gain traction and momentum and do this despite the geopolitical issues we face, Ihave sent in a list of questions relevant to shareholders which I hope they are answered.

Good to see Lumentum highlighting yesterday’s announcement in all its news and social media channels 🙂

Bring it on!

S

[dickiebird2] 22/6/2022 16:28

A lot of late buying !!!

[indiestu] 22/6/2022 15:47

The Yanks don't take prisoners in business.

[lord loads of lolly] 22/6/2022 15:18

longtallsally - yup, he's certainly making a mint out of wafffers.

[longtallsally] 22/6/2022 15:17

I can’t see him leaving, he’d have to be carried kicking and screaming on his package.

[indiestu] 22/6/2022 14:58

Pullen is out the door. Not a believer. Good riddance to him.