10th May 2022 14:38
IQE PLC - Cardiff, Wales-based semiconductor wafer products - Enters strategic partnership with Porotech, which specialises in microLED and semiconductor technology. Porotech is the trading name for Cambridge, England-based Poro Technologies Ltd. "The focus of the partnership is to develop, scale and commercialise Porotech's unique wafer technology," IQE explains. The firms aim for ultra-high-density microLEDs which can be used in "wearable devices, smart displays and large-scale direct view displays," IQE adds. "We believe the microLED market presents a significant opportunity for our business," says IQE Chief Executive Officer Americo Lemos.
Current stock price: 28.80 pence, up 2.0% on Tuesday
12-month change: down 50%
By Tom Budszus; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
IQE