IQE's substrate division wins $3.25M InP order
IQE, the manufacturer of advanced semiconductor wafer products, has announced that it has received a new purchase order agreement for InP materials to the value of $3.25m from a leading global substrate manufacturer.
InP crystals, produced by IQE's Wafer Technology division based in Milton Keynes, UK, is the source material for the manufacture of InP wafers used in the production of high-performance photonic components for a wide range of applications in infrared sensing, communications and gesture recognition applications
Demand for photonics products is continuing to grow as new and emerging technologies increasingly rely on the properties of light for a growing range of technological applications.
InP is the material of choice due to its good photonic properties, particularly in the short wavelength infrared (IR) range commonly used for a host of sensing applications as well as high speed optical communications, high definition night vision and gesture recognition.
Drew Nelson, CEO and president of IQE plc commented:"We are very pleased to receive this order from a long term customer of our InP products and the scale of this commitment reflects our status in the semiconductor industry for the supply of a diverse range of semiconductor materials in addition to substrates and epiwafers.:
He added: "We continue to see growing demand for products with optoelectronic properties and it is apt that IQE's first significant order of the year should relate to photonics products. This order underlines the importance of the photonic industry sector over the coming years and decades as recognised by 2015 being designated the International Year of Light"
