IQE's Infrared Division wins $1.1m Contract
IQE plc, the supplier of semiconductor wafer products and services, has agreed a long-term supply contract for its infrared materials with a leading global semiconductor manufacturer.
The order, worth approximately $1.1m over the next twelve months, represents the largest single purchase order for indium antimonide (InSb) products manufactured by IQE Infrared's UK substrate manufacturing business unit.
Drew Nelson, CEO of IQE plc, commented: "This is a significant new order for our world leading InSb products from a significant industry player with whom we have enjoyed a long relationship. The scale of the commitment is a result of IQE Infrared's industry reputation for offering a high quality, volume manufacturing capability for InSb materials."
He added: "Our investment in state-of-the-art crystal growth, wafer production and polishing capabilities enables us to fully meet the growing antimonide product demands of our customers, both in terms of volume and quality, across a full 2in -6in product range."
Further details of the specific customer, product and application cannot be disclosed at this time due to confidentiality designed to protect the customer's IP and retain its competitive advantage. However, InSb is the material of choice for a wide range of sensing devices employed in a growing number of consumer, defence, security, medical and industrial applications.
IQE Infrared's US (Galaxy) and UK (Wafer Technology) operations offering the World's largest antimonide wafer production capacity in the industry, using multiple production tools (crystal growth pullers) providing customers with a completely secure, dual sourced supply of InSb wafers.