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Honeywell

14 July 2026

IQE secures $14m production order with strategic global technology customer for AI and data-center markets

Epiwafer and substrate maker IQE plc of Cardiff, Wales, UK has secured a multi-year production order worth $14m from a strategic global technology customer.

The order, which is to be manufactured at IQE’s Newport foundry, supports applications serving AI and data-center markets, where increasing data generation and hyperscale infrastructure requirements are driving demand for high-performance storage technologies.

In addition to the production order, IQE continues to engage with the customer on future opportunities, including the development of next-generation technologies supporting multiple stages of the customer’s data life-cycle.

“We are pleased to have secured this production order with a strategic global technology leader, supporting the rapid growth of AI and data-center markets from IQE’s volume manufacturing facility at Newport and expected to build over the coming years,” says CEO Jutta Meier. “This highlights the role IQE plays supporting high-performance infrastructure from the data center to the edge, enabled by our differentiated epitaxy portfolio, which also includes indium phosphide optical communications, silicon photonics and gallium arsenide VCSEL [vertical-cavity surface-emitting laser]-based datacom applications.”

See related items:

IQE’s full-year 2025 revenue falls 17.6%, as 40% drop in wireless outweighs 15% growth in photonics

Tags: IQE

Visit: www.iqep.com

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