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IQE announced on Tuesday that it had strengthened its portfolio with a range of new products. The Cardiff, Wales-based compound semiconductor wafer product supplier said it had boosted its portfolio of high-speed optical connectivity epiwafers to address increasing demands for artificial intelligence, cloud, carrier, and data-intensive workloads. The products, which are designed to serve the needs of data centres now and into the future, include the industry’s first foundry epitaxy service for 1310 nanometers quantum dot lasers. Executive Vice President of Business Development Mike Furlong said: ‘Our strengthened portfolio is at the forefront of an industry drive for faster, more efficient and cost-effective data connectivity solutions. We are enabling our customers to develop a competitive advantage to transform optical networks at the heart of AI engines and next-gen compute while also generating economies of scale and supporting the need for more sustainable solutions.’ IQE shares were down 5.2% to 21.00 pence in London on Wednesday morning. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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