- Double-digit revenue growth expected in the second half
- Improved working capital management boosts cash flow
As we were warned by a series of profit warnings over the last year, it has been a difficult time for semiconductor wafer manufacturer IQE (IQE). Its compound wafers are used to make semiconductors found in smartphones, for sensing and 5G, but demand has faltered during the period under review, even though there are there some green shoots in evidence.