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A tech share worth buying now

Simon Thompson

Simon Thompson
A tech share worth buying now

Shares in IQE (IQE: 33p), a global supplier of advanced wafer products to the semiconductor industry, soared 14 per cent after the company announced the acquisition of the compound semiconductor epiwafer manufacturing business of Nasdaq-quoted Kopin Corporation (NAS: KOPN). This is a strategically smart deal as it significantly extends IQE's market share and leadership in wireless industry supply; adds Skyworks Solutions, which has a long standing supply agreement with Kopin Wireless, to the customer base; and brings in a Taiwanese manufacturing facility to boost IQE's global manufacturing footprint and provide the business with a strong position to access the growing Asian semiconductor market.

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