Britain's IQE to launch strategic review after revenue warning

Taiwan

:British semiconductor wafer maker IQE said on Monday it would start a strategic review of its assets and warned that revenue would not grow this year due to a slower-than-expected recovery and weak consumer demand in end markets. The company said it would broaden its options in relation to the proposed initial public offering of its Taiwan operations to include all strategic choices, including a full sale. IQE, which last month announced the immediate departure of CEO Americo Lemos, had

Britain's IQE to launch strategic review after revenue warning https://www.channelnewsasia.com/ - 18.11.2024 10:05

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Britain's IQE to launch strategic review after revenue warning https://www.channelnewsasia.com/ - 18.11.2024 10:05