Iqe Share Discussion Threads

[longtallsally] 28/7/2022 08:52

I hope they knew who they were dealing with ;)

I very much doubt that this will get settled quickly but it would be nice to think it would. These matters have a habit of dragging on.

[sweenoid] 28/7/2022 07:52

Update after my previous post detailing my communication with Pat Gelsinger Intel CEO, regarding IQE’s lawsuit against Tower who are of course in the process of being acquired by Intel

I have received a reply which is private from Intels Associate General Counsel, Antitrust and Commercial Litigation ‘lead’ which is entirely satisfactory.

I would hope that if indeed IQE and it’s significant evidence is factual which it will be that Intel will be all over Tower like a rash. Given the sensitivity about the allegation of stealing, correction misappropriation I am sure ALL parties will want this settled amicably out of court. Tower are in a very awkward and embarrassing situation here and I hope IQE are taking full advantage.

S

[crosswires] 27/7/2022 21:05

Whatever ;)

[deascii] 27/7/2022 19:04

Back below 40p on Friday after Apple announce their quarterly results tomorrow...

[boboty] 27/7/2022 19:03

It's a pretty big up day - we haven't been here since November last year. I'm hoping something is afoot - love to recover some of my losses. Taiwan is worrying - China is becoming more strident. If Iqe were to lose all it's Taiwan assets and cash flow - how significant would that be?

[longtallsally] 27/7/2022 15:52

No, i get the sense it’s an up day, some days are down days, of which IQE has had more over the past year than ups! I wouldn’t read anything in to it at the moment…

[janhar] 27/7/2022 14:32

Does any one else get the sense that someone is building a stake given the steady price rise over the last couple of months? I'm hoping for some corporate action to recoup my losses.

[geraldus] 27/7/2022 14:26

Home grown chips.We're digging for victory.

[nickwild] 27/7/2022 12:17

Wondering why price has jumped

[jimboyce] 27/7/2022 07:38

More interest in chipsBiden: US needs to lead in chip productionUnited States President Joe Biden stated on Monday that the country needs to start leading in chip production for its own "sake and economic growth.""For the sake of the economy and jobs we have to make these semiconductors here at home," underlined Biden, explaining that the country had to sacrifice $240 billion in "additional economic activity" in 2021 due to the shortage of chips.Biden noted that semiconductors are also important as they power "our weapon systems." The production of these chips helps support not only Ukraine in its fight against Russia, but will also support "the weapon systems in the future as we are going to be even more reliant on advanced chips."

[sweenoid] 26/7/2022 09:57

Given that our new CEO states unequivocally that the ‘Metaverse’ is the key driver for future revenue growth for IQE then its inextricable connection to AI ( artificial intelligence) is worth looking at, so this is interesting



Personally I am increasingly concerned about where all this is going and our dependence on it- seemingly whether we like it or not but hey ho, I ain’t got a say so at least I can gain by investing in companies that can provide the ‘foundations’ for these technologies?

Not being techy I found this article illuminating and interesting see what you think



S

[admak] 24/7/2022 20:49

Nothing but bluff. They need to attract investment in a competitive way rather than chasing govt funds as it seems, these tory govt known for lack of long term strategy cannot help such vision. Well Lemos can always keep trying. Shame Nelson with his profile cant attract funds too.

[sweenoid] 23/7/2022 10:51

Mmmmmmmm?

Grand plans indeed but is it a grand delusion as well? IQE’s core competency is CS epitaxy and we do it well! This ‘vision’ which includes the concept of ‘different ownership models’ is a tad confusing because it needs to be defined.

Some of us here have experience of an ‘enlightened’ CEO who had the worlds best graphics technology deluding himself that he could take on ARM in the CPU market, we know how that worked out!


I prefer Lemos to concentrate on our CORE skills , there is a huge market that can be tapped, so let’s not get distracted, I am for keeping and extending core competencies not learning new tricks.

EDITED
see link below which is interesting if you have been following this story, From an IQE investors perspective the main interest is the role that Drew Nelson our President and ex CEO AND major investor has there with his NWF 10 role. I have long thought that was confusing, this article adds no clarification to that but does allude to why the Newport Wafer Fab ran into financial difficulties, read into it what you will 😉, looks to me though by the ‘evidence’ here that Drew and his consortium ( who rescued the factory and preserved the jobs) were shafted, but of course there are 2sides to every story.

Row breaks out over China takeover of Newport Wafer Fab



S

[smorales] 23/7/2022 10:38

Interesting article. Americo certainly has big plans, let's hope he can bring some to fruition.

[gavbro0] 22/7/2022 13:42

Excellent article and has pretty much solidified my view on this.Thanks Zapa

[deascii] 22/7/2022 12:53

A short video from Dyson giving a tantalising glimpse of their secret robot prototypes. The keywords; sensors, cameras, mapping, learning, wearables… The future of Dyson… Interesting stuff… hxxps://youtu.be/2Bh61aY8ncg

[zapa] 22/7/2022 12:09

This country can't manage itself.

[jimboyce] 21/7/2022 20:35

Intel grabbing big slice of the actionIn recent decades, investors have operated on the basis that the global balance of power is shaped by the source - or "prize", as the writer Daniel Yergin puts it - of oil.Now, however, a new tagline is percolating: computer chips are the 21st century strategic version of the fossil fuel. Or that, at least, is the message being promoted by Pat Gelsinger, chief executive officer of Intel, America's biggest chipmaker."[The location of] oil has defined geopolitics in the past five decades. But fabs [ie fabrication factories for chips] will shape the next five - this is the new geopolitics," he recently told a conference in Aspen, lamenting that while America initially created the semiconductor industry, 80 per cent of production currently sits in Asia. Or as Rob Portman, a Republican senator from Ohio echoed at the same event: "Thirty years ago 37 per cent of semiconductors in the world were made in the US?.?.?.?today it's 12 per cent and is going the wrong way."Is this just special pleading? Certainly in part. Intel has lost ground to its Asian rivals in recent years and has been furiously lobbying Congress to provide $52bn of funding to back a bill passed last year to boost American-made chip production.And this week the lobbying paid off: a key Senate committee finally agreed to fund the $52bn plan. This will be signed by President Joe Biden "before the August recess", Mark Warner, the Democrat senator who chairs the Senate intelligence committee, tells me.This is still only a "skinny chips" bill, as Warner says; in other words, it omits parts of the original legislation. But skinny or not, dollars will flow. Intel, for example, is about to build two $10bn fabs in Senator Portman's district of Ohio, and expects to receive a $3bn subsidy for each. Hence why Gelsinger - and Portman - are promoting the chips-are-the-new-oil mantra.But leaving aside the issues of obvious self-interest, the reality is that this new credo is grounded in fact. That is partly because chips are playing an increasingly crucial role in military hardware. One issue that has hobbled Russia's ability to replenish its battlefield equipment in recent months, say, is that it has been cut off from chip supply chains by western sanctions. Moreover chips - like oil - are increasingly shaping inflation trends: in recent decades, western disinflation was supported by declines in the cost of Asian-produced chips and cheap manufacturing. But now that dynamic has gone into reverse due to supply chain disruptions.Then there is growth. Since almost every modern industrial sector needs a reliable supply of chips, the 2021 supply chain disruptions alone are calculated to have reduced American gross domestic product by $240bn that year, Portman says. And John Cornyn, a Republican senator from Texas, reckons that if America ever lost access to supplies of advanced semiconductor chips in the future "GDP could shrink by 3.2 per cent and we could lose 2.4mn jobs" in a single year. "Over three years, more than $2tn US GDP could be lost, with over 5mn people losing their jobs," he adds.Hence the growing alarm in Congress - and America's C-suite - about the fact that almost all advanced chip production is currently located in Taiwan, which is being threatened by a newly assertive China. Or as Warner says: "The vulnerability of Taiwan has been driven home by the invasion of Ukraine."This also explains Warner's frustration that Europe is already racing ahead to subsidise chip production, essentially copying the bill that the US adopted (but did not fund) last year. Intel, for example, has already received commitments of €6.8bn in subsidies from Germany. "When Brussels and Germany and France move faster than Americans we know we have got problems," Warner says. Or as Gelsinger adds: "This complex 27-member socialist union?.?.?.?is now ahead of the US by a solid six months."So will the (belated) funding of the Chips Act become the computing equivalent of America's shale industry - namely a trigger for more self-sufficiency? Not quickly or easily. It takes at least two years to start a fab. And America lacks the talent base and infrastructure that has enabled Taiwan to dominate. As a result, Morris Chang, founder of Taiwan's dominant TSMC group, says that production in its US TSMC factories costs 50 per cent more than in Taiwan.Moreover, while $52bn sounds a big number, China is estimated to be giving three times that - or more - in support to its own sector. And the Chips Act caps subsidies at $3bn per plant (which typically cost around $10bn), but other countries provide up to 50 per cent in help, Gelsinger says. This leaves Warner fretting about a looming "race to the bottom on chip subsidies" between Europe and America - or Asia.Yet, even if it will be tough to shift the supply chain pattern, nobody should doubt that the pendulum is swinging. Gelsinger is now promoting a target whereby America produces around 30 per cent of all chips in the future and Europe some 20 per cent (compared, he says, with the current 12 and 8 per cent levels, respectively). Under this vision, which is backed by key senators, Asia would account for just 50 per cent of all chip production.This bold reform may not be achievable; or not anytime soon. But the message for investors is clear: the geopolitical chip wars could soon turn even more interesting. And they should count themselves lucky that western companies do not depend on Russia for chips.

[freedomexpress747] 21/7/2022 13:50

Looking at Yahoo finance. Intel very poor for ESG scoring. Highest is for corporate governance... how can this be when they are stealing IP? All ESG related funds should dump Intel if they haven't already.

[sadolgit] 21/7/2022 12:58

Thanks Sweenoid .... excellent idea well executed.

[sweenoid] 21/7/2022 11:22

Self explanatory why it’s good news for IQE ‘down the road’ 😉



By the way, I have sent an email to the Intel CEO Pat Gelsinger asking his thoughts about their new acquisition allegedly misappropriating IP ( shouldn’t I just say stealing) from IQE

Gelsinger states

“Values are most enduring thing leaders create.”

So let’s take him up on that! I have provided a summary of the pertinent information and a link to IQE’s lawsuit and asked him , if IQE’s accusations are correct how it fits in with his personal mission statement.

S

[guildedge] 20/7/2022 22:55

Short update.

Wellington Management Company LLP now up to 0.52 from 0.42%. Another firm hovering just below 0.5% hidden away.

Overall visible shorts 1.34%.