22 October 2015

Cardiff, UK, 22 October 2015. IQE plc (“IQE” or the “Company”) has won the Advanced Manufacturer title at the Insider Media Made in Wales Awards 2015.

The award, sponsored by Hunter Selection, was presented during a gala ceremony at Cardiff City Hall in recognition of IQE’s close work with the Welsh Government and Cardiff University to achieve a number of key milestones in developing an advanced, high-tech manufacturing capability with the vision of establishing the world’s first Compound Semiconductor Cluster in Wales.

IQE’s Compound Semiconductors already penetrate many aspects of our lives by providing the enabling technology in smartphones, tablets and other communications applications. The advanced technologies developed and produced by IQE will play an increasingly important role in new and emerging applications from healthcare devices to electric vehicles and aerospace technologies.

Dr Drew Nelson, IQE’s CEO, said: "This Award is timely recognition of the excellence of our work. The company is uniquely positioned to lead the establishment of a technology cluster to help drive the high-tech manufacturing capabilities for the development and commercialisation of next generation semiconductors.

“In August 2015, IQE announced the formation of the Compound Semiconductor Centre (CSC), a joint venture between IQE and Cardiff University. A formal launch of the CSC is scheduled for next month at events in Westminster and Cardiff. By developing regional specialisation, we plan to build the world's first semiconductor cluster, creating high-quality businesses and jobs.”

In August 2015, IQE announced the formation of the Compound Semiconductor Centre, a joint venture between IQE and Cardiff University. The new centre or CSC provides an important milestone towards the creation of a regional specialisation in Compound Semiconductor technologies and will build on the work of Cardiff University’s Institute of Compound Semiconductors announced in May 2015 to provide a dedicated facility for research into new and novel deployment of Compound Semiconductors.

The company is currently leading of consortium of up to forty businesses and institutions across Europe in a Horizon 2020 application to fund the establishment of up to twenty pilot production lines for Compound Semiconductor based technologies.

The awards ceremony was organized by Insider Media Ltd, the UK’s leading business publisher.

Contacts:

IQE plc (+44 29 2083 9400)
Chris Meadows