RCS - IQE PLC - CSC announces joint programme with partner ICS Ltd <Origin Href="QuoteRef">IQE.L</Origin>

IqeAnnouncement

22/02/2018 07:05

RNS Number : 5897F
IQE PLC
22 February 2018
CSC industry partner ICS Ltd, announcesjointdevelopment and launch ofnew high speed (10-25G) detectors for superfast broadband fibre optic applications
Thursday 22nd February 2018:The Compound Semiconductor Centre (CSC), a joint venture between IQE plc and Cardiff University, hasannounced itskeyrolein the launch of a new product line of high speed InGaAs-InAlAs PIN and APD detectorswith one of its industry partners.
The fullannouncement by Integrated Compound Semiconductors Ltd (ICS)and CSCis availableon the CSC website at: http://www.compoundsemiconductorcentre.com/
As part of its commercialisation strategy, ICS is planning to use IQE as its key wafer supplier, providing its own customers with a clear route to high volume product ramp. This provides the first example of the effectiveness of the CSC JV business model, and further announcements are expected in due course from some of CSC's other industry, academic and development partners. CSC is currently engaged with over a dozen high profile partners and together they have already won projects to the total value of over 5 million over the last 18 months. CSC is playing a key role in attracting customers to carry out development work within the Compound Semiconductor Cluster , CS Connected, which will be profiled at the upcoming 'Festival of Innovation Week' in London on Wednesday 7thMarch.
https://www.eventbrite.co.uk/e/cs-connected-building-the-worlds-first-compound-semiconductor-cluster-tickets-42537923073
CONTACTS:
IQE Press/Investors: Chris Meadows (44) 2920-839-400
ABOUT IQE:
http://iqep.com
IQE is the leading global supplier of advanced semiconductor wafers with products that cover a diverse range of applications, supported by an innovative outsourced foundry services portfolio that allows the Group to provide a 'one stop shop' for the wafer needs of the world's leading semiconductor manufacturers.
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 which form the key components of virtually all high technology systems. IQE is unique in being able to supply wafers using all of the leading crystal growth technology platforms.
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, GPS, and satellite communications; optical communications, optical storage, printing, thermal imagers, leading-edge medical products, barcode, ultra high brightness LEDs, a variety of advanced silicon based systems and high efficiency concentrator photovoltaic (CPV) solar cells.

This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAKMGZZGZVGRZG