IQE announces multi-year supply agreement with AWSC

 IQE plc, the supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, is pleased to announce the signing of a multi-year agreement with Advanced Wireless Semiconductor Company (“AWSC”), for the supply of epiwafers for wireless applications.

AWSC, a leader in the field of compound semiconductor wafer fabrication, has been a partner of IQE for over twenty years. This three-year supply agreement covers epitaxial wafers spanning a range of AWSC’s wireless products, including those which enable 4G and 5G mobile handsets and WiFi products.

The agreement provides IQE with diversification opportunities into mass market power amplifier products. IQE and AWSC will also partner in the design and development of solutions for next-generation wireless applications.

Americo Lemos, Chief Executive Officer of IQE, commented: “This strategic partnership agreement, our first with AWSC, represents IQE’s new approach to business. AWSC and IQE are building upon our longstanding relationship to accelerate innovation by bringing new solutions to serve the growing markets of smart connected devices and automotive. We are very excited about the great opportunities ahead of us in the market.”

Eric Huang, President of AWSC, commented: “At AWSC, we continuously work on process improvement and new technology development to meet our customers’ requirements. Our partnership with IQE enables us to create edge solutions and to transition them seamlessly to volume production. We are happy to extend and expand our relationship with IQE.”