IQE PLC: AWSC AND LANSUS CUSTOMER PARTNERSHIP IQE PLC

IQE PLC: AWSC AND LANSUS CUSTOMER PARTNERSHIP IQE PLC

IQE announces expanded customer partnership with AWSC and Lansus to serve

Android ecosystem

 

 

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, is pleased to announce an expansion of its partnership with Advanced Wireless Semiconductor Company ("AWSC") with a multi-year supply agreement.

As part of its strategic partnership, IQE will supply AWSC with Gallium Arsenide ("GaAs") wafers for the manufacture of smartphone power amplifier devices to be supplied to its key customer Lansus, the Chinese RF technology supplier. This will supply Tier One China-based OEMs in the Android ecosystem, in a market which is expected to return to growth following a period of inventory build-up.

AWSC, a leader in the field of compound semiconductor wafer fabrication, has been a partner of IQE for over twenty years. The expansion of this previously announced agreement demonstrates the strength of our partnership and reflects IQE's expertise in GaAs wafers for power amplifier products. This supports the Group's expectations for the coming year, whilst delivering on its strategy to defend its position in wireless markets.

Americo Lemos, CEO of IQE, commented:

"IQE is expanding its Wireless addressable market into the Android ecosystem. We are delighted with our successful partnership with AWSC and look forward to continuing as a trusted partner and growing our business together."

Eric Huang, President of AWSC, commented:

''We are pleased to be building upon our relationship with IQE, a longstanding and valued partner. The quality of IQE's products and expertise of its teams make it the ideal choice as we focus on delivering products of the highest standards to our customers on time.''

No Comments

Post a Comment