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IQE Receives USD1 Million Order For InSB Substrate Products

16th Apr 2014 09:36

LONDON (Alliance News) - IQE PLC said Wednesday that it had won a USD1 million purchase order agreement for its InSb substrate products from a long term customer, which was not named.

The InSb substrate products are used in advanced mid-wave infrared imaging technology for the defence, security, medical and industrial markets. They are produced by IQE's US subsidiary Galaxy Compound Semiconductor Inc.

Shares in the advanced semiconductor materials company were trading up 3.33% at 23.25 pence Wednesday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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