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Avago Says IQE is an Outstanding RF Supplier

IQE Inc. based in Bethlehem, USA, has been awarded the “Outstanding Supplier Award” by the major RF product manufacturer Avago.

IQE, a global supplier of advanced semiconductor epitaxial wafer products and wafer services has announced that IQE's Bethlehem, PA operation, IQE Inc, has been recognized as an outstanding supplier to leading wireless chip manufacturer, Avago Technologies.

Avago Technologies is a leading RF product manufacturer with a history of innovation dating back 40 years. The “Outstanding Supplier Award” is based on a number of quality related criteria for products and services.

IQE supplies Avago with specialized radio-frequency (RF) materials used in the manufacture of high-end components for handsets and other wireless applications.

Drew Nelson, IQE Group CEO and President commented, "We are delighted that IQE Inc has been honored with this award from one of the leading chip manufacturers in the wireless industry. The award demonstrates IQE's commitment to supplying its customers with the best quality of products and services."

IQE offers the industry's broadest product portfolio, which includes gallium arsenide (GaAs) based epitaxial wafers for RF wireless applications, including PHEMTs, HBTs and BiHEMTs, in addition to high-performance GaN based devices.

As a global supplier of advanced semiconductor wafers with products that cover a diverse range of applications, IQE is supported by an innovative outsourced foundry services portfolio that allows the Group to provide a 'one stop shop' for the wafer needs of the world's leading semiconductor manufacturers.

IQE uses advanced MOCVD and MBE crystal growth technology (epitaxy) to manufacture and supply bespoke semiconductor wafers ('epi-wafers') to the major chip manufacturing companies, who then use these wafers to make the chips which form the key components of virtually all high technology systems. IQE is unique in being able to supply wafers using all of the leading crystal growth technology platforms.

IQE's products are found in many leading-edge consumer, communication, computing and industrial applications, including a complete range of wafer products for the wireless industry, such as mobile handsets and wireless infrastructure, Wi-Fi, WiMAX, base stations, GPS, and satellite communications; optical communications, optical storage (CD, DVD), laser optical mouse, laser printers & photocopiers, thermal imagers, leading-edge medical products, barcode, ultra high brightness LEDs, a variety of advanced silicon based systems and high efficiency concentrator photovoltaic (CPV) solar cells.

The manufacturers of these chips are increasingly seeking to outsource wafer production to specialist foundries such as IQE in order to reduce overall wafer costs and accelerate time to market.

IQE also provides bespoke R&D services to deliver customized materials for specific applications and offers specialist technical staff to manufacture to specification either at its own facilities or on the customer's own sites. The Group is also able to leverage its global purchasing volumes to reduce the cost of raw materials. In this way IQE's outsourced services, provide compelling benefits in terms of flexibility and predictability of cost, thereby significantly reducing operating risk.

IQE’s share price had rocketed in recent months. On 30 November 2009 it was £0.1675 and a year later it is £0.4675; the shares have risen 179.10% over the year.
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