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

Here here.

Shorters hopefully will be closing.

Here Here - and "closing" the door behind them.

A real pick up in volume this morning, this is getting ready to go ballistic

A 2 page article on IQE in this week's I.C. which suggests that the market has got this one completely wrong, re-iterating a buy recommendation.


Several readers have been asking me about the specific reporting requirements of the board of directors when it comes to alerting the market of a change in a company's profit guidance. It's a subject well worth covering right now because the sell-off this year in the shares of a company I have previously recommended, IQE (IQE: 20.75p), a global supplier of advanced wafer products to the semiconductor industry, has been so severe that the current price implies that there will be a significant miss in the forthcoming first half-trading update on Wednesday 24 July.

Nice! He has a short term target of 40p and assuming there's no shock in the TU think we should see this pretty quickly. Definitely one to hold/ accumulate imo

sp running out of "puff" too hot?

pause before a big rise tomorrow hopefully, before the TU

yes raised the stop, bit of a "heads or tails" situation atm.

Up again, TU tomorrow.

Anyone know do they provide Apple with any wafers components??????

GF, when IQE took over Kopin Wireless, IQE's CEO said “There are 15 companies around the whole world [which produce that sort of chip]. Our strategy is to supply as much as possible to as many as possible. That way, if Apple changes supplier, it doesn’t impact us too much.” So in answer to your question it would appear that yes they do!

sp "crabbing" atm ahead of update, place your bets!

Well the market is expecting a significant decline in earnings and prospects priced into the current price, so anything better, stable earnings, or a continued growth from 1st hlf will propel us higher IMO Dyor

IQE plc: H1 trading update
HUG


Cardiff, UK, 24 July 2013: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and wafer services to the semiconductor industry, provides a trading update for the six months ended 30 June 2013.

The Board expects first-half performance to be ahead of market expectations, with first-half revenues approaching £63 million, EBITDA in excess of £10 million and net debt below £39m. This represents revenue growth of over 80%, and EBITDA growth of over 150% compared with the first half of 2012. Sales growth was primarily driven by the wireless division, which included contributions from the RFMD and Kopin acquisitions.

The wireless market has continued to grow in line with expectations, driven by the increasing adoption of more sophisticated communication devices including 4G and LTE smartphones and tablets, and newly launched dual band wifi (802,11ac). These advanced products demand the highest levels of RF performance which can only be delivered by compound semiconductor enabled front end solutions.

The integration of the RFMD and Kopin acquisitions has been successfully completed as planned. Work to realise the projected synergies is progressing well. The Board will provide a full update on this progress with the Group's half year results.

The photonics business is also making good progress with several applications in transition from research and development into production. Notably, these include a number of advanced laser (VCSEL) products for consumer, industrial and medical applications such as: optical communications devices for short range optical links; data centres and broadband delivery; optical devices for gesture recognition; gaming and cosmetic applications; and lasers for projection, medical and defence applications.

Advanced solar (CPV) technology acquired through the investment in Solar Junction and the exclusive seven year license agreement, is now in the final stages of qualification. The Group remains on track for this business to achieve end customer qualification and move into volume production during H2 2013.

The development of advanced products including gallium nitride materials and the Group's compound semiconductors on silicon projects are progressing well. They are building a platform for further diversified growth in the rapidly growing markets for energy efficient devices, such as LEDs and power semiconductors over the next few years.

The Board is confident that the Group remains on track to achieve market expectations for the full year.

Dr Drew Nelson, Chief Executive of IQE, said:



"Our key markets have continued to demonstrate robust growth, driven predominantly by high levels of demand for 4G and LTE enabled smartphone and tablet products, along with accelerating requirements for photonic products and advanced sensor applications. Additionally, requirements for energy-efficient third-generation CPV solar products, Solid State Lighting (SSL) and power efficient GaN devices, continue to increase strongly.

"Our transactions with Solar Junction, RF Micro Devices and Kopin, over the last 18 months, represent significant milestones in the execution of our overall strategy and have significantly enhanced both our short and long term growth potential.

"They are highly complementary, extending our critical mass and global leadership in wireless, and bringing additional capacity to service the emerging high growth CPV market.

"Compound semiconductors are widely acknowledged as the key enabling materials that will drive a wide range of next generation technologies from high performance data transmission and management, to highly energy efficient products, including solar energy, SSL and power semiconductors."

IQE expects to report its interim results around mid-September 2013

One word, FANTASTIC.
shorters are going to get seriously burnt and IC, Shares mag, broker forecasts proven right now

Mkt cap 166m is tiny, profits expected to be over 20m for the yr! Smile, the short term sp is going to rise. Good growth stock, loads of new prods in development. Simple isn't it?

What kind of a jump might be expected Marked up by 2 p at start to 27.75

price in suspension at the moment

Brilliant results........

IQE plc: H1 trading update
HUG


Cardiff, UK, 24 July 2013: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and wafer services to the semiconductor industry, provides a trading update for the six months ended 30 June 2013.

The Board expects first-half performance to be ahead of market expectations, with first-half revenues approaching £63 million, EBITDA in excess of £10 million and net debt below £39m. This represents revenue growth of over 80%, and EBITDA growth of over 150% compared with the first half of 2012. Sales growth was primarily driven by the wireless division, which included contributions from the RFMD and Kopin acquisitions.

The wireless market has continued to grow in line with expectations, driven by the increasing adoption of more sophisticated communication devices including 4G and LTE smartphones and tablets, and newly launched dual band wifi (802,11ac). These advanced products demand the highest levels of RF performance which can only be delivered by compound semiconductor enabled front end solutions.

The integration of the RFMD and Kopin acquisitions has been successfully completed as planned. Work to realise the projected synergies is progressing well. The Board will provide a full update on this progress with the Group's half year results.

The photonics business is also making good progress with several applications in transition from research and development into production. Notably, these include a number of advanced laser (VCSEL) products for consumer, industrial and medical applications such as: optical communications devices for short range optical links; data centres and broadband delivery; optical devices for gesture recognition; gaming and cosmetic applications; and lasers for projection, medical and defence applications.

Advanced solar (CPV) technology acquired through the investment in Solar Junction and the exclusive seven year license agreement, is now in the final stages of qualification. The Group remains on track for this business to achieve end customer qualification and move into volume production during H2 2013.

The development of advanced products including gallium nitride materials and the Group's compound semiconductors on silicon projects are progressing well. They are building a platform for further diversified growth in the rapidly growing markets for energy efficient devices, such as LEDs and power semiconductors over the next few years.

The Board is confident that the Group remains on track to achieve market expectations for the full year.

Dr Drew Nelson, Chief Executive of IQE, said:



"Our key markets have continued to demonstrate robust growth, driven predominantly by high levels of demand for 4G and LTE enabled smartphone and tablet products, along with accelerating requirements for photonic products and advanced sensor applications. Additionally, requirements for energy-efficient third-generation CPV solar products, Solid State Lighting (SSL) and power efficient GaN devices, continue to increase strongly.

"Our transactions with Solar Junction, RF Micro Devices and Kopin, over the last 18 months, represent significant milestones in the execution of our overall strategy and have significantly enhanced both our short and long term growth potential.

"They are highly complementary, extending our critical mass and global leadership in wireless, and bringing additional capacity to service the emerging high growth CPV market.

"Compound semiconductors are widely acknowledged as the key enabling materials that will drive a wide range of next generation technologies from high performance data transmission and management, to highly energy efficient products, including solar energy, SSL and power semiconductors."

IQE expects to report its interim results around mid-September 2013.

Contacts:

IQE plc
+44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Chris Meadows

IQE estimates 80 pct rise in first-half revenue
24 Jul 2013 - 07:27

July 24 (Reuters) - British semiconductor materials maker IQE Plc estimated revenue to grow more than 80 percent in the first half of the year, driven by strong performance at its core wireless business. The company, whose products are used in microchips in smartphones, tablets, GPS equipment as well as light-emitting or light-detecting devices, also said it expects first-half performance to be ahead of market expectations. [ID:nHUGdcqB] IQE estimated revenue of about 63 million pounds ($96.81 million) in the six months ended June 30, with earnings before interest, tax, depreciation and amortisation of 10 million pounds. ($1 = 0.6508 British pounds) (Reporting by Abhirup Roy and Roshni Menon in Bangalore; Editing by Supriya Kurane) ((abhirup.roy@thomsonreuters.com)(within UK +44 20 7542 1810, outside UK +91 80 6749 6126)(Reuters Messaging: abhirup.roy.thomsonreuters.com@reuters.net)) Keywords: IQE RESULTS/

BRIEF-IQE expects H1 revenue of 63 mln stg24 Jul 2013 - 07:12

July 24 (Reuters) - IQE PLC : * IQE Plc: H1 trading update * Expects first-half revenues approaching £63 million * Expects EBITDA in excess of £10 million and net debt below £39 million * Expects first-half performance to be ahead of market expectations * Wireless market has continued to grow in line with expectations Source text for Eikon: [ID:nHUGdcqB] ((For more news, please click here [IQE.L])) ((London Equities Newsroom; +44 20 7542 7717))