Investment Case

We are strategically positioned with the industry’s most comprehensive product portfolio and a unique presence across three continents. This enables us to provide our customers with unmatched flexibility, scalability and supply security to deliver the world’s most advanced compound semiconductor products.

We collaborate with our customers to develop unique solutions to tackle market challenges, leveraging our scalable materials platforms.

In a market with high barriers to entry, we have a significant first mover advantage to scale our operations to meet future demand. We have the ability to expand in all geographies within our current site footprint.

With more than thirty years of epitaxy expertise , IQE has a proven history of developing cutting-edge technology underpinned by an unparalleled intellectual property portfolio.

Compound semiconductors are crucial for powering an intelligently connected, immersive, and low-carbon world, thanks to their exceptional performance and efficiency.

We are dedicated to evolving our business to prioritise sustainable growth for the benefit of all our stakeholders, including customers,partners, employees, and shareholders.

5G/6G

5G networks play a crucial role in supporting and driving the adoption of AI. High-speed, low-latency networks are necessary to handle data-intensive AI workloads. Sixth generation cellular networks will enable ever present connectivity, providing the bandwidth necessary to enable the Metaverse.

$909m - RF GaN Telecom and Infrastructure Device Market by 2029*

Intelligent sensing

Multi-spectral imaging is delivering innovations in sensing. Being able to see further, in higher resolution and in full colour across the entire infrared spectrum, is expanding use cases beyond serving single missions.

$1.5bn - Market size for advanced high-resolution Infrared image sensors by 2030*

*Source:Yole Group, 2024-2025

Augmented/Virtual Reality

An immersive user experience across a vast array of use cases is made possible by IQE’s Photonics technologies. 3D Sensing lasers powered by our epitaxy are enabling new levels of information and interactivity to be unlocked.

$1bn - GaAs VCSEL Mobile & Consumer Die Market Demand by 2029*

MicroLED displays

Energy efficient, high-resolution and flexible displays built exclusively from compound semiconductor-based microLEDs are transforming the display industry, and remains an active area of development for IQE.

$996m - MicroLED Total Panel Revenue by 2029*

Healthcare wearables

A new era of digital healthcare will be enabled by compound semiconductor devices that can detect biomarkers with clinical accuracy to unlock health insights live. These sensors will be minaturised and integrated into mobile consumer platforms.

$100m - InP Consumer Wearable Sensing Die Market Demand by 2029*

* Source: Yole Group, 2024-2025

Electric vehicles

Vehicle electrification remains a significant growth opportunity within the GaN market, specifically for onboard charging modules. Critical mass will build as energy efficiency and EV expansion drive the enhanced adoption of GaN technology.

$336m - Automotive & Mobility Power GaN Device Market by 2029*

Industrial power

The growth of data centres fuelled by AI has created a significant growth opportunity for Power GaN as it elevates the performance and economic returns of data centres by reducing size, system costs and increasing power efficiency. As such, it is the ideal solution for the improvements required to concurrently meet AI demands and Net Zero initiatives.

$66m - Industrial Power GaN Device Market by 2029*

Data communications

Rapid growth in AI data traffic demands high performance interconnectivity between data centre, clouds and wide-area networks. Ultrafast transceiver lasers and detectors move data around optical networks and the need for energy efficiency is driving the development of a new generation of communication laser solutions.

$1.85bn - InP Datacom Die Market Demand by 2029*

* Source: Yole Group, 2024-2025