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IQE wins 2017 AIM Award

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Best Technology award recognises leadership in the supply of compound semiconductor wafers

IQE, a manufacturer of advanced semiconductor wafers, has won the Best Technology title at the AIM Awards 2017.

The AIM Awards identify the quoted companies and entrepreneurs who have harnessed AIM (the London Stock Exchange's international market for smaller growing companies) to help them fulfil their ambition and growth potential in the last twelve months.

The award to IQE, sponsored by Allenby Capital, was presented during a gala ceremony at Old Billingsgate in London, in recognition of IQE's technology leadership in the supply of advanced compound semiconductor wafers for a wide range of products that enable technologies as diverse as mobile phones, high speed optical communications, ultra-efficient solar cells, low energy lighting, autonomous drive vehicles and power switching applications.

Working in collaboration with the Welsh and UK Governments, Cardiff University and other partners, IQE is driving forward its vision to establish the world's first Compound Semiconductor Cluster in Wales.

Drew Nelson, president and CEO of IQE Group, said: "It is a great honour to receive this prestigious award. Compound semiconductors are front and centre of the 21st century technologies and IQE has developed an unparalleled breath of materials IP, which is enabling us to differentiate ourselves in the marketplace.

"To help capitalise on the opportunities ahead, we have entered into two joint venture arrangements: in Singapore, jointly owned by IQE, WIN Semiconductor and Singapore's National Technology University and in the United Kingdom, jointly owned by IQE and Cardiff University. The UK Joint Venture was a catalyst to securing committed investments totalling £300m towards the continued development of a UK compound semiconductor cluster, and the Singapore JV has been selected as a partner in a major programme for CS on silicon technology."

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