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IQE confirms 2021 revenue guidance of £164m, down 8% year-on-year

What happened

IQE plc confirmed its 2021 revenue guidance of approximately £164 million, representing an 8% year-on-year decline at constant currency. The revenue drop reflects softer demand in certain end markets for its epitaxial wafers and substrates. 利空: The confirmed revenue decline signals ongoing demand weakness for IQE's core products, a bearish indicator for pricing and trading sentiment in the specialized wafer supply chain.

Impact and signal

Medium impactImpact score: 55/100

Affected components and suppliers

epiwafersubstrate
IQE plc
revenue-guidanceearnings-missdemand-weakness

Source and time

Source: Semiconductor Today · 1/28/2022 · View original source

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