NuAxiSemiconductor trade intelligence

IQE’s full-year 2021 constant-currency revenue down a less-than-expected 7%

What happened

IQE reported FY2021 revenue of £154.1m, beating its £152m guidance but down 13.4% year-over-year. The decline was primarily driven by a £10.6m foreign exchange headwind; on a constant-currency basis, revenue fell only 7.3% to £165m. Neutral: The report confirms previously guided performance and provides no new direct signals for supply, demand, or pricing of epiwafers/substrates.

Impact and signal

Medium impactImpact score: 50/100

Affected components and suppliers

epiwafersubstrate

IQE plc

earningsforecastfx-impact

Source and time

Source: Semiconductor Today · 4/7/2022 · View original source

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IQE’s full-year 2021 constant-currency revenue down a less-than-expected 7%

What happened

Impact and signal

Affected components and suppliers

Source and time

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