IQE signs VCSEL deal with Asian consumer firm

Multi-year volume supply agreement for next-generation 3D sensing applications to begin immediately
IQE plc, the UK-based supplier of compound semiconductor wafers and material solutions, has signed a multi-year strategic agreement with a global consumer electronics leader based in Asia.
The agreement is focused on the high-volume production of VCSELs for advanced 3D sensing applications. The parties are also engaged in joint research and development for next-generation sensing technologies and use cases.
Americo Lemos, CEO of IQE, commented: “This agreement marks the start of a long-term strategic relationship between two industry leaders. At IQE we have demonstrated our ability to deliver unparalleled levels of innovation, scale and quality over the history of our VCSEL production.
"To secure this partnership with a consumer electronics company of this calibre reaffirms our position as the leading global vendor of VCSEL products to the semiconductor industry.”