IQE PLC IQE plc: Partnership with GlobalFoundries
21 Octubre 2021 - 01:00AM
RNS Non-Regulatory
TIDMIQE
IQE PLC
21 October 2021
IQE plc
Reach
Cardiff, UK
21 October 2021
IQE announces strategic partnership with GlobalFoundries
- IQE's first development collaboration program with GlobalFoundries
- Builds on IQE's strong track record of gallium nitride (GaN) innovation
IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global
supplier of advanced compound semiconductor wafer products and
material solutions to the semiconductor industry, is pleased to
announce the commencement of a long-term strategic collaboration
with GlobalFoundries(R) (GF(R)) to develop vital gallium nitride on
silicon (GaN on Si) technologies for mobile and wireless
infrastructure applications. GF is a global leader in feature-rich
semiconductor manufacturing and the result of this collaboration
will be a GaN on Si offering at GF's Fab 9 facility in Burlington,
Vermont, using wafers supplied by IQE.
Due to its unique material properties, gallium nitride is the
material of choice for high-power, high-frequency applications and
the global deployment of 5G networks has relied heavily on the use
of such GaN technology. Future 5G systems, including mmWave, will
address significant increases in data across mobile and digital
ecosystems, supporting further growth for GaN-enabled solutions.
Working together, GF and IQE will pool their expertise and
facilitate the development of crucial building blocks for current
and future communications systems.
Dr Wayne Johnson, Executive Vice President - Wireless &
Emerging Products at IQE, commented:
"IQE's collaboration with GlobalFoundries marks a step change
for us. It recognises the quality of our market-leading GaN
products and demonstrates how IQE's ever-closer customer
relationships can bring more innovative products to market, at
scale. This is a unique opportunity to leverage the performance of
GaN with the cost structure of high-volume silicon manufacturing.
We look forward to working closely with GlobalFoundries over the
coming years. "
Dr. Bami Bastani, senior vice president and general manager,
Mobile and Wireless Infrastructure at GlobalFoundries added:
"GlobalFoundries continues to lead with innovative and feature
rich solutions for 5G. Our collaboration with IQE will enable us to
deliver differentiated gallium nitride on silicon solutions that
enable next-generation connectivity and user experiences that will
help enable our customers' innovations."
Contacts:
IQE plc
+44 (0) 29 2083 9400
Phil Smith
Tim Pullen
Amy Barlow
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Chloe Francklin: +44 (0)78 3497 4624
About IQE:
http://iqep.com
IQE is the leading global supplier of advanced compound
semiconductor wafers and materials solutions that enable a diverse
range of applications across:
-- handset devices
-- global telecoms infrastructure
-- connected devices
-- 3D sensing
As a scaled global epitaxy wafer manufacturer, IQE is uniquely
positioned in this market which has high barriers to entry. IQE
supplies the whole market and is agnostic to the winners and losers
at chip and OEM level. By leveraging the Group's intellectual
property portfolio including know-how and patents, it produces
epitaxy wafers of superior quality, yield and unit economics.
IQE is headquartered in Cardiff UK, with c. 660 employees across
nine manufacturing locations in the UK, US, Taiwan and Singapore,
and is listed on the AIM Stock Exchange in London.
About GlobalFoundries:
https://gf.com/
GlobalFoundries Inc. (GF) is one of the world's leading
semiconductor manufacturers. GF delivers feature-rich solutions
that enable its customers to develop innovative products for
pervasive chips for high-growth markets. GF provides a broad range
of feature-rich process technology solutions with a unique mix of
design, development and fabrication services. With an at-scale
manufacturing footprint spanning the U.S., Europe and Asia, GF is a
trusted technology source to its customers across the globe.
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