IQE PLC IQE Group expands IP portfolio
December 21 2017 - 2:00AM
RNS Non-Regulatory
TIDMIQE
IQE PLC
21 December 2017
IQE plc
IQE Group expands IP portfolio with the purchase of Quasi
Photonic Crystal Patents
Cardiff, UK. 21 December 2017: IQE plc (AIM: IQE, "IQE" or the
"Group"), the leading global supplier of advanced wafer products
and wafer services to the semiconductor industry, announces that
its wholly owned subsidiary, NanoGaN Limited, has secured the
purchase and assignment of a portfolio of patents from Taiwan based
Luxtaltek Corporation.
The portfolio of 54 patents cover a range of novel technologies
and applications based mainly on Quasi Photonic Crystals (QPC).
This advanced materials technology complements the Group's organic
development of NanoImprint Lithography ("NIL"), and broadens the
potential application of NIL beyond IQE's current focus on advanced
DFB lasers. Indeed, the patents acquired have applications in
Optical components including VCSEL and edge emitting
lasers,modulators, silicon photonics, fibre optic systems, micro
LED displays, image sensors including Diffractive Optical Elements
(DOE) and biosensors.
NanoGan Limited has agreed a one-off payment of US$500,000 for
the purchase. The IQE Board believes that the Group is well
positioned to commercialise this new technology thanks to its
existing in-house NIL capability.
IQE Chief Executive, Dr Drew Nelson said:
"Over the last few years, IQE has developed an exciting and
strong IP portfolio, which, coupled with the expertise and
manufacturing capability to commercialise these new materials
technologies have uniquely positioned IQE as the clear global
leader in providing advanced compound semiconductor technology
solutions.
This significant addition to our IP portfolio provides the Group
with additional competitive advantages that will secure our entry
and maintain our leadership across a range of new and emerging
technology applications, and offer our customers access to a unique
portfolio of materials expertise."
CONTACTS
IQE plc +44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Chris Meadows
Canaccord Genuity + 44 (0) 20 7523 8000
Simon Bridges
Henry Fitzgerald O'Connor
Richard Andrews
Peel Hunt +44 (0) 20 7418 8900
Edward Knight
Nick Prowting
About IQE:
IQE is a leading global supplier of advanced semiconductor
wafers with products that cover a diverse range of applications.
The Group's outsourced foundry services provides a 'one stop shop'
for the wafer needs of the world's leading semiconductor
manufacturers.
IQE uses advanced epitaxial growth technology platforms to
manufacture and supply advanced semiconductor 'epi-wafers' to the
major chip manufacturing companies, who then use these wafers to
make the chips which form the key components of virtually all high
technology systems.
IQE's products are found in many consumer, communication,
computing, mobility and industrial applications. IQE's epi-wafers
enable a wide range of wireless/RF, photonics, infrared, power,
solar, advanced electronics and sensor technologies.
IQE operates multiple manufacturing and R&D facilities
across Europe, Asia and the USA.
About Luxaltek:
Luxtaltek Corporation, founded in 1992, is headquartered in
Miaoli County, Taiwan. The company has 2 production bases, located
at Chunan and Dongguan. The company engages in design,
manufacturing, and sales of LED Epi and chips.
Luxtaltek was listed on Taiwan's GreTai Securities Market in
July, 2006 and delisted from the exchange in 2012.
Luxtaltek owns Dongguan Uni-light Touchtek Corp. through Golden
Eagle Technology Ltd., a holding company.
Luxtaltek was named as UniLite before 2009. In 2009, the company
acquired its subsidiary Luxtaltek and then changed its name as
Luxtaltek post-acquisition. Its subsidiary engages in R&D and
production of LED Epi and chips, and provides ODM services of
photonic crystal.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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