Shares in Apple supplier IQE plunge as guidance disappoints and debt pile grows Tech Shares in semiconductor supplier IQE plummeted 14 per cent in early trading on Tuesday after it disappointed investors with weak guidance and as it racked up debt. The Cardiff-based manufacturer of compound wafers used to make semiconductors said its full-year guidance lies at the lower end of consensus forecasts of revenue between £130m and 154m. [...]
IQE: ‘Growth ahead’ says boss of Cardiff semiconductor firm as sales expected to jump Tech The Cardiff-headquartered company said it expects revenue to be at least £65m in the first six months of the year.
IQE: Semiconductor firm’s revenue drops nearly a third amid weaker sales tech British semiconductor firm IQE has posted another operating loss amid a slump in revenue as it grapples with lower sales and weak manufacturing.