IQE is the leading global outsource supplier of customized epitaxial wafers to the semiconductor industry.

Their technology is of most advanced like AFM means Atomic Force Microscopy and moves a minuscule cantilever over an objects surface, a sharp tip passes over dips or rises punched in the surface and reads out digital information. This technology is not going to slow down it is going to speed up and has to replace most existing forms of memory storage by virtue of capacity and size.

The future of nano-technology, these tiny/minute robots would need very small processors and most sure strained silicon could provide these.

The low share price is due to uncertainty as to when the cash will run out, but I don't think this will happen as cash is of 12 to 15M and NAV of 30p, and losses are going to drop on the next 3 month and we could have profits on the Q4 2004.

Latest news from the Chairman were" The Group remains confident that it is in a strong position within the outsourcing market, although the protection of its cash position is paramount.
With a broad product portfolio allowing the customer base to use IQE as a 'one stop shop', a large available production capacity and a strong balance sheet, the Board believes the Group will benefit strongly as the overall semiconductor industry recovers and will continue to strengthen its position as the leading outsource supplier of advanced wafer products to the sector. "

Nearly all the recent results have been encouraging. Q4 accounts are being completed (30th Dec 2002). IQE know where they stand, if things had got worse their would have been a trading statement by now, and with Amberwave (IQE's partner) increasing its Asian presence, this is a bullish trend and a good point to pick up the shares @ 4.25p

Intraday

5 month MA and Indicators

Bid of 16p hit prior to the news. Always have a target and stick to it.

What bid is that?

This seems to be moving in the right direction again. Good ratio of buys to sells today anybody got an idea as to how far this is likely to go

"Fitch: Growth in IT Spending Supports Stable Outlook for Tech Industry in 2010"



3 Dec 2009 - Fitch Ratings' 2010 outlook for information technology (IT) sectors is STABLE based on EXPECTATIONS that GLOBAL IT SPENDING will RESUME GROWTH equivalent to or EXCEEDING WORLDWIDE GDP.

In a SPECIAL OUTLOOK REPORT issued today, Fitch says IMPROVED MARKET DEMAND, especially for enterprise hardware and particularly for the second half of the year, will drive company expectations for 2010 and should further STABILIZE TECHNOLOGY OPERATING and CREDIT PROFILES.

"A gradually IMPROVING ECONOMY should result in sequentially BETTER DEMAND PATTERNS for technology companies in 2010," said Nick Nilarp, Managing Director at Fitch.

"There is CONSIDERABLE PENT-UP ENTERPRISE DEMAND for hardware purchases, primarily servers and storage, which have been postponed the last two years during the global economic downturn."



Key Themes to Fitch's IT Outlook.

-The worldwide IT SPENDING environment will GROW 3%-4% in 2010, led by hardware. Fitch expects the IT services industry to grow 3%-5% in 2010 while the SEMICONDUCTOR INDUSTRY will experience a REBOUND in REVENUE GROWTH at low- to mid-single digits;

-PC and MOBILE HANDSET UNIT GROWTH is expected to be in the high-single digits and mid-single digits, respectively, for 2010; Fitch believes the release of Windows 7 will positively affect PC demand from consumers in the fourth quarter of 2009, small and medium business in the first half of 2010 and large enterprise in late 2010 into early 2011; the PC mix will likely continue to be skewed towards consumers, potentially resulting in minimal to negative PC revenue growth in 2010 based on the recent declines in PC average selling prices;

-OPERATING PROFITABILITY is expected to IMPROVE as COST REDUCTION INITIATIVES result in POSITIVE OPERATING LEVERAGE upon the resumption of TOP LINE GROWTH.

http://www.pr-inside.com/fitch-growth-in-it-spending-supports-r1614415.htm

IQE plc

9 December 2009


IQE and Intel Corporation presented a joint paper on the development
of InGaAs on Si devices with high-K gate dielectrics for low power
logic applications. The paper was presented by
Dr. Marko Radosavljevic of Intel Corporation at the International
Electron Devices Meeting (IEDM) held in Baltimore, MD from 7th to 9th
December 2009. The paper presented the results of work carried out by
scientists at Intel's Technology and Manufacturing Group in Oregon
and IQE's epitaxial growth facility in Bethlehem, Pennsylvania.

The ever increasing performance requirements of modern-day
microprocessors has for decades been achieved by the continuous
scaling of Si CMOS devices, but this enhanced performance is at the
cost of increased power consumption. In recent years, scientists have
been looking towards materials based solutions to ensure that
technology can keep up with the demands of following Moore's Law.

Compound semiconductor-based Quantum Well Field Effect Transistor
(QWFET) provide the potential for achieving high performance and low
power consumption in future generation microprocessor applications,
and the integration with Si transistors on a single chip provides the
optimal solution.

The paper, entitled: "Advanced High-K Gate Dielectric for
High-Performance Short-Channel In0.7Ga0.3As Quantum Well Field Effect
Transistors on Silicon Substrate for Low Power Logic Applications,"
relates to the development of novel technology for producing leading
edge transistor devices for future generation high-speed, ultra-low
power digital logic applications.

IQE's facility in Bethlehem, PA, produced the blanket InGaAs QWFET
epiwafers grown on Si substrates using molecular beam epitaxy (MBE).
Intel Corporation used the blanket epiwafers for their transistor
design and fabrication.

Steve Gergar, General Manager of IQE's Pennsylvania operation
commented:

"IQE has played a key role in the development of epitaxial materials
upon which Intel has fabricated devices which demonstrate improved
device characteristics and significantly higher transistor drive
performance whilst maintaining low power consumption.

"The results of this work demonstrate IQE's strength in advanced
epitaxial material engineering built on many years of experience with
III-V materials from research and development through to high-volume
production. Based on this successful research to-date, IQE looks
forward to continued work with Intel in the area of III-V on Si
integration for future generation high performance digital
applications."



Contacts:

Technical/Sales: IQE Inc (+1 610 972 1488)
Amy Liu

Press: IQE plc (+44 29 2083 9400)
Chris Meadows

This presentation could prove to very positive for IQE





15 December 2009

IQE plc
("IQE" or the "Company")


IQE plc (AIM: IQE), the leading global supplier of advanced wafer
products and wafer services to the semiconductor industry, is today
hosting a series of presentations for fund managers and analysts on
the rapidly growing markets for its compound semiconductor
technologies.

The presentations will cover wireless communications, laser
technology, high efficiency solar power generation and high
efficiency light generation. No new material financial information on
IQE will be made available at this conference.

The speakers include key players from across the compound
semiconductor supply chain.

Drew Nelson, IQE's Chief Executive and Phil Rasmussen, IQE's CFO,
will also attend along with Adrian Meldrum, Business Development
Director, and Chris Meadows, Investor Relations.

The presentations will take place at the offices of College Hill, The
Registry, Royal Mint Court, EC3N 4QN.

Contacts:

IQE plc (+44 29 2083 9400)
Chris Meadows
Phil Rasmussen
Drew Nelson

Noble & Company Limited (+ 44 20 7763 2200)
John Llewellyn-Lloyd
Sam Reynolds

College Hill (+44 20 7457 2020)
Adrian Duffield
Carl Franklin

Interesting article here from Edmond Jackson.....

http://www.iii.co.uk/articles/articledisplay.jsp?section=ShareDealing&article_id=10072787

And it has been all buying today,although on light volume.

IQE, Lovely breakout from a wedge pattern, target now initially is 20p

Bullish article from US TA site....

http://quote.barchart.com/texpert.asp?sym=IQE.LS&code=BSTK

IQE some big buying in this stock this morning.

Interesting article here.....

IQE plans a year in the spotlight
By Philip Stafford

Published: January 10 2010 22:51 | Last updated: January 10 2010 22:51

http://www.ft.com/cms/s/0/683292a4-fe18-11de-9340-00144feab49a.html

A couple of items worth reading here on IQE......



http://www.moneyweek.com/investment-advice/one-sector-to-watch-in-2010-00103.aspx

http://wales.gov.uk/location/south_east_wales/latestnews/091208iqe/?lang=en

Very interesting. it certainly makes the outook rosy for IQE.
I expect the big question has to be "where is the competition coming from?"

CP, Intels results last night should help the sector.

This up IQEs street..........

http://www.guardian.co.uk/environment/2009/dec/30/lighting-glowing-oled-wallpaper

Business Financial Newswire
"Semiconductor wafer products and services supplier IQE expects full year results to be in line with market forecasts after a strong second half recovery.

Second half revenues are expected to be 45% higher than first six months.

And IQE says that with the benefit of high operational gearing and stringent cost controls, it expects to report more than a threefold increase in second half EBITDA from 1.9m in the first half, to deliver a full year EBITDA of approximately 8m.

Continued tight control of working capital and capex delivered substantial free cash generation in the second half of 2009.

As a result, net debt is expected to be significantly better than market expectations at approximately 15m - a reduction of approximately 4m since June 2009.

IQE's strong second half performance reflects increasing demand for Gallium Arsenide wafers in the wireless communications market, as well as a diverse range of high growth opto electronics markets. "

Perhaps the news for a further price hike?
Sorry about the duplication,but this is great news.It has certainly stimulated a bit of buying,

IQE in line after strong second half
Business Financial Newswire
Semiconductor wafer products and services supplier IQE expects full year results to be in line with market forecasts after a strong second half recovery.

Second half revenues are expected to be 45% higher than first six months.

And IQE says that with the benefit of high operational gearing and stringent cost controls, it expects to report more than a threefold increase in second half EBITDA from 1.9m in the first half, to deliver a full year EBITDA of approximately 8m.

Continued tight control of working capital and capex delivered substantial free cash generation in the second half of 2009.

As a result, net debt is expected to be significantly better than market expectations at approximately 15m - a reduction of approximately 4m since June 2009.

IQE's strong second half performance reflects increasing demand for Gallium Arsenide wafers in the wireless communications market, as well as a diverse range of high growth opto electronics markets.

IQE

Forget the arcana of epitaxial wafers and compound semiconductors. The Cardiff-based IQE is best considered the biggest independent supplier of essential raw materials to a rapidly growing market. Its core business is providing the polished gallium arsenide surfaces on which wireless microchips are etched and, given surging demand for smartphones, which carry four times as many chips as a standard mobile handset, its second-half sales have felt the effect: up 45 per cent on the previous six months. The longer-term draw is IQEs foothold in two emerging technologies: light-emitting diodes, the low-power long-life alternative to conventional light bulbs, and concentrated solar cells for power generation. For now, IQEs debt burden continues to fall to 15 million while restructuring during the downturn has left profits geared to improvements in sales. At 19p, or 19 times earnings, buy.

nice write up in the times finished with a buy recomendation

http://business.timesonline.co.uk/tol/business/markets/article6994489.ece

This sounds like good news.


Milton Keynes, UK. February 2010:IQE plc (AIM: IQE, "IQE" or the "Group"), the
leading global supplier of advanced semiconductor wafer products and wafer
services to the semiconductor industry, is pleased to announce that its UK based
wafer operation, Wafer Technology Ltd., is to extend its gallium antimonide
(GaSb) product range to include 4" diameter wafers.

GaSb materials are used in the manufacture of a wide range of products including
infrared laser diodes, detectors and thermophotovoltaic (TPV) cells that can
convert infrared (heat) energy into electrical power.

4" GaSb-Te wafers are now available and can be specified in the same way as for
existing 2" and 3" GaSb products. High accuracy orientations (+/-0.1 deg.) and
proprietary epitaxy ready finishes are offered to ensure consistent performance
in epitaxial growth. Whole 4" wafer etch pit density (EPD) maps (69 points) are
supplied to support yield maximisation in the manufacture of large area detector
arrays.

The new product offering will be produced at the Group's Wafer Technology
facility in Milton Keynes, UK.

Dr. Mark J. Furlong, General Manager at Wafer Technology, commented:

"Delivering 4" GaSb product is an important milestone for Wafer Technology,
especially at a time when the industry is looking to produce larger area
epitaxially grown arrays.

"Our 4" GaSb wafers have been very well received by our first customers
qualifying this product, so we are looking forward to satisfying new demands for
large area GaSb wafers in 2010."




Contacts:


IQE plc (+44 29 2083 9400)
Chris Meadows

Wafer Technology Limited (+ 44 1908 210 444)
Dr Mark Furlong





About IQE

IQE is the leading global supplier of advanced semiconductor wafers with
products that cover a diverse range of applications, 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 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 operates six manufacturing facilities located in Cardiff (two) and Milton
Keynes in the UK; in Bethlehem, Pennsylvania and Somerset, New Jersey in the
USA; and Singapore. The Group also has 11 sales offices located in major
economic centres worldwide.


About Wafer Technology Ltd

Wafer Technology Ltd is a U.K. based producer of III-V materials and epi-ready
substrates. Founded in 1957, the company has a long and well established history
in the manufacture of III-V materials and offers the widest product range in the
business.

Wafer Technology is a wholly owned subsidiary of IQE plc, the world's leading
MOCVD and MBE epitaxial wafer foundry. Close relationships with all Group member
companies supports Wafer Technology's thorough understanding of the latest
material and device market trends which in turn are utilised by the company to
develop new product types.

Wafer Technology's unrivalled choice of material types and forms enables it to
support almost any customer application.

One for the "UPS"

IQE 16.125 (16 / 16.25p )

Reason :Ready for turning after a large retracemen and good TA of short term double bottom and oversold, volume is picking up today. Very positive Level 2 with 4 v 1