IQE PLC IQE wins Raytheon Premier Supplier Award

TIDMIQE

IQE PLC

14 November 2019

IQE wins 2019 Raytheon Premier Supplier Excellence Award

Cardiff, 14 November 2019: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading manufacturer of advanced semiconductor wafer products for the global semiconductor industry, is pleased to announce that it has been awarded a 2019 Raytheon Supplier Excellence Award.

As part of the Raytheon Supplier Excellence Program, suppliers are awarded for their outstanding performance, contributions, and support to programs across one or more Raytheon businesses. This year, Raytheon has recognized IQE with a Premier Supplier Excellence Award for their outstanding achievement. Premier awards are awarded to suppliers whom have demonstrated premier achievement for Raytheon in business management, technology, partnership, or affordability. Only the highest achieving suppliers are awarded this honor.

Dr. Wayne Johnson, EVP of Wireless & Emerging Products, commented:

"It is a great honor to receive the 2019 Premier Supplier Excellence Award from Raytheon, a highly-respected global technology leader. This award recognizes the strong partnership that IQE has demonstrated to Raytheon and it is a testament to the dedication of the innovative and talented IQE team."

CONTACTS:

IQE plc

[phone]

Drew Nelson

Tim Pullen

Wayne Johnson

Peel Hunt LLP (Nomad and Joint Broker)

[phone]

Edward Knight

Nick Prowting

Christopher Golden

Citigroup Global Markets Limited (Joint Broker)

[phone]

Christopher Wren

Peter Catterall

Headland Consultancy

+ 44 (0) 20 38054822

Andy Rivett-Carnac: [phone]

Tom James M: [phone]

ABOUT IQE

http://iqep.com

IQE is the leading global supplier of advanced semiconductor wafers that enable a diverse range of applications. IQE uses advanced crystal growth technology (epitaxy) to manufacture and supply bespoke semiconductor wafers 'epi-wafers' to the major chip manufacturing companies, who then use these wafers to make the chips.

IQE's products are found in many leading-edge consumer, communication, computing and industrial applications, including a complete range of wafer products for the wireless industry, such as smartphones and wireless infrastructure, Wi-Fi, base stations, and satellite communications; optical communications, optical storage, printing, thermal imagers, leading-edge medical technologies, automotive and aerospace technologies, a variety of advanced silicon based systems and high efficiency concentrator photovoltaic (CPV) solar cells.

IQE is headquartered in Cardiff UK and operates manufacturing and R&D facilities worldwide.

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November 14, 2019 02:01 ET (07:01 GMT)