Full Year Results 

IQE encounters heavy disruption

IQE encounters heavy disruption

Semiconductor group IQE (IQE) suffered a dismal end to 2018, as “sudden disruption” to its semiconductor laser diodes (VCSEL) supply chain in the final two months contributed to “greatly reduced” demand for VCSEL wafers and an 8.1 per cent decline it its photonics (light science) revenues. This followed “a very substantial VCSEL inventory correction” in the first half.  

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