Industry leader places record $1.0m InSb order with IQE’s Infrared Division
16 April 2014
Cardiff, UK, 16 April 2014 – IQE plc (AIM: IQE; “IQE”, “the Group”), the leading manufacturer of advanced semiconductor wafers to the global semiconductor industry, has received its first $1 million purchase order agreement for InSb substrates which are used in advanced mid-wave infrared imaging technology.
IQE Infrared’s US substrate division, Galaxy Compound Semiconductor Inc., has been contracted to deliver volume quantities of InSb substrates to an industry leader and long term customer of the Group. This represents the largest order to date for this new range of Infrared substrates.
InSb is the material of choice for mid-wavelength infrared (MWIR) imaging technology and cameras fabricated from InSb are used in a wide variety of advanced imaging applications (defence, security, medical and industrial). IQE infrared is uniquely positioned in this market and is the exclusive supplier of all InSb to industry, with IQE’s US (Galaxy) and UK (Wafer Technology) operations collectively meeting the requirements of its customers to provide a secure, dual source supply of InSb substrates.
Dr Drew Nelson, CEO of IQE plc, commented:
“We are very pleased to receive this order from a long term customer of our InSb substrate product range. The scale of this commitment reflects our success in being able to offer a volume manufacturing capability for InSb materials. The investments that we have made to enhance our crystal growth, wafering and substrate polishing capabilities at both Galaxy and Wafer Technology will enable us to fully meet the InSb product demands of our customers, both in terms of volume and quality, across a full 2”-6” product range.”
IQE plc +44 (0) 29 2083 9400 Drew Nelson Phil Rasmussen Chris Meadows Mark Furlong
Canaccord Genuity +44 (0) 20 7523 8000 Simon Bridges Cameron Duncan
Peel Hunt +44 (0) 207 418 8900 Richard Kauffer Daniel Harris
Instinctif Partners +44 (0) 20 7457 2020 Adrian Duffield Kay Larsen