Iqe Share Discussion Threads

[crosswires] 10/5/2024 10:20

Americo has stood by his 3x commitment since Apple canned the iWatch Micro Led project and I think the lions share of this GaN revenue increase wasn’t likely to be coming from Micro LED. However IQE and their currently small partners could quite possibly hold the key to delivering the technology to make it cost effective later this decade.

[alotto] 10/5/2024 09:09

Earliest!? We will go broke by then

[longtallsally] 10/5/2024 08:57

Thanks Crosswires, interesting.

[crosswires] 10/5/2024 08:52

Interesting article re micro LED, which shows that mass production is likely pushed back to the end of the decade at the earliest due to the technological issues to make it cost effective. Not new news as such but this website has excellent articles all specific to the micro led market and is worth a read. No doubt the future is micro LED still, just about timing.

[longtallsally] 10/5/2024 08:34

Sometimes I wish emojis had never been created ✅🤓8521;

[lord loads of lolly] 10/5/2024 08:21

sweenoid - interesting info, thanks.

However, that green tick at the end suggests you’re not “just the messenger”.

Why add it if you’re genuinely trying to be neutral.

[sweenoid] 10/5/2024 08:06

Don’t shoot me I am just the messenger

IQE

Current trends in consumer device display technology are driving the need for extremely small, highly efficient microLEDs. As consumer demands for higher-quality, more durable, and energy-efficient screens grow, microLED technology promises revolutionary advancements for various applications—from smartphones to giant billboards.

🌟 Join IQE’s Mark Furlong at Display Week 2024, where he'll present "CMOS Compatible microLED Epitaxy for Display Applications" during Session 60: MicroLED Epitaxy. Catch us on Thursday, May 16, from 10:40 AM to 12:00 PM at the San Jose McEnery Convention Center, Room 220C.


Mark will share insights on:

⏺ Our breakthroughs using Ge for red microLED epitaxy and our collaboration with Umicore to develop the platform for these applications

⏺ The introduction of our next-generation 8” RGB reference epitaxy, reducing time to market for display level product qualification.

⏺ How our expanded microLED foundry services, including GaN technology, are set to meet escalating industry needs

The reference to UMICORE is interesting as I think it’s new but it’s definitely related to this


And
which references IQE

AND OF COURSE IQE’s announcement


Of course IQE’s strategic microleds partner Porotech are also at Display week next week ✅👏



S

[thereptile] 09/5/2024 14:06

And needing a wash. ☹️

[thereptile] 09/5/2024 14:05

Well I think all our sense of humour pants have been tested over the years and found to be wanting

[longtallsally] 09/5/2024 11:43

My sense of humour pants were at the wash, re reading, I can see the intention 😂

[thereptile] 09/5/2024 11:40

Yes I agree , I was joking

[lord loads of lolly] 09/5/2024 11:40

crosswires - agreed. No words (unless they're backed up by actual results) are ever going to shift IQE's share price sustainably.

But I AM expecting results to improve over the next few years.

[crosswires] 09/5/2024 11:08

I believe Sally is correct. Market has been burned too many times to believe anything they say and all of those occasions are ensconced in near term memory!

It doesn’t matter to me as an IQE investor if I have to wait for the proof, just so long as it comes along at some point…

[longtallsally] 09/5/2024 11:05

That won’t happen this time, “3x revenue and 30% margins” is in theory even better than “inflection point” but hasn’t shifted the share price since announced back in Nov ‘22. This time (and the market conditions are different to 2017) will take proof to shift the share price significantly.

[thereptile] 09/5/2024 09:27

Not so sure Sally

The phrase ‘inflection point’ took it from 40p to 180p

[longtallsally] 09/5/2024 08:05

The only thing we can be certain of is that rhetoric will not shift the IQE share price.

[sweenoid] 09/5/2024 07:53

Some more ‘rhetoric’ from IQE, they are certainly talking the talk but can they ‘walk the walk’ , we shall see.

Ask anyone who’s purchased a hashtag#GaN charger, and they’ll tell you it’s one of the best investments out there! Super-fast charging. More energy efficient. What’s there not to love? But don’t take our word for it, just ask Anthony Spadafora at Tom's Guide.

So what’s next for this material? From smart mobile devices to hashtag#AI and even the power grid, hashtag#GaN is poised to revolutionize a wide range sectors and technologies. And IQE, our extensive history with hashtag#GaN, is well-positioned to play a significant role in these advancements.



By the way if anyone else is wondering what’s happening in our patent litigation against Tower then join the queue! 🤨. I have asked Americo and Amy at IQE and the answer is “can’t comment due to legal NDA’s and sub judicy”

S

[lord loads of lolly] 08/5/2024 14:21

I don’t think it’s in doubt that IQE’s revenues (& EBITDA) will pick up in 2024.

However, IMHO, Sweenoid’s reaching his usual over-optimistic, join-the-dots conclusions.

In April 2024’s FY results, IQE said:

“Trading during Q1 has been in line with the Board's expectations and the order book for the remainder of H1 is strengthening. We expect to see this improvement continue through 2024, despite persisting uncertainties in the global economy.

Revenue and adjusted EBITDA are expected to be within the range of analyst forecasts for FY 2024*

* The analyst range of expectations for FY 2024 revenue are from £133.7m to £153.7m and for adjusted EBITDA from £11.1m to £16.6m.”

That’s a million miles away from AWSC’s 276% YTD revenue increase.

And unless IQE substantially beats its own very recent guidance, we’re set for yet another loss-making year post- interest, tax, depreciation & other perennial “one-off”; adjustments.

So, sure, things look like they’re moving in the right direction. Just not enough yet to radically move the dial.

Whenever Sweenoid’s green ticks re-surface, you instantly know there’s a fair way to go still.

[longtallsally] 08/5/2024 08:11

So what we’re now saying is that IQE has no excuses but to deliver revenues that outstrip the mediocre analyst projections. I eagerly await any possible July TU and Sept earnings for proof of concept!

😉✅

[sweenoid] 08/5/2024 07:51

Re hutchmeister post
Here are the figures he talks about for AWSC 👏

MONTH 2024 2023 YOY CHANGE
(MONTH TO MONTH) YOY CHANGE
(ACCUMULATED)
January 419,884 118,671 253.82% 253.82%
February 425,316 104,951 305.25% 277.96%
March 441,020 118,053 273.58% 276.44%
April 446,544 118,760 276.01% 276.33%

So AWSC INCREASED their year on year revenue by 276%! In April.
Their revenues in total so far in 2024 are all massively up representing the strength of their Chinese OEM smartphone market. This seems to TIE IN with the Digitimes report saying AWSC are supplying Qualcomm 🙂

So it’s worth reading Qualcomm earnings call transcript from a week ago references to their ANDROID sales ✅✅✅; and sales to CHINESE OEM Smartphone suppliers



Some highlights

Revenues from our chipset business of $8 billion reflect strong premium tier demand for Android smartphones and continued momentum in automotive.
In premium and high-tier smartphones, our Snapdragon mobile platforms continue to set the bar for performance and on-device gen AI capabilities. Recently launched flagship Android devices powered by Snapdragon 8 Gen 3 are seeing strong demand globally, especially in China. Etc etc

Looks like AWSC are going to be massive for IQE
S

[jimboyce] 08/5/2024 07:21

Americo Lemos, CEO of IQE, commented:

“IQE is expanding its Wireless addressable market into the Android ecosystem. We are delighted with our successful partnership with AWSC and look forward to continuing as a trusted partner and growing our business together.”

Eric Huang, President of AWSC, commented:

‘’We are pleased to be building upon our relationship with IQE, a longstanding and valued partner. The quality of IQE’s products and expertise of its teams make it the ideal choice as we focus on delivering products of the highest standards to our customers on time.’’

[hutchmeister] 08/5/2024 06:00

https://www.awsc.com.tw/e_awsc/investor/e_financial.htmApril figures updated, the trajectory continues.

[crosswires] 07/5/2024 18:49

Plenty of Compound Semis going to be needed for this tech

[myshareinfo] 07/5/2024 18:00

FYI

hxxps://www.digitimes.com/news/a20240506PD221/awsc-gaas-china-flagship-smartphone-apple-qualcomm.html