IQE – executive interview

IQE is the leading supplier of epitaxial compound semiconductor wafers globally. The principal applications include radio frequency semiconductors, devices for optical networks, vertical cavity surface emitting lasers and infrared semiconductors.

In this interview, IQE’s CFO, Tim Pullen, begins with an overview of the group’s H121 results. He continues with a detailed discussion of trends in the 5G infrastructure market and the implications for IQE and why photonics revenues declined year-on-year and what that means for the group. He explains what management is doing to address currency headwinds and why it is investing in additional capacity in its facility in Taiwan. He concludes with comments on management’s outlook for FY21 and beyond.