<p>新闻：供应商</p>
<p>IQE 2025 财年收入下降 17.6%，无线业务下滑 40% 超过光子学 15% 的增长</p>
<p>2025 财年，来自威尔士卡迪夫的外延晶圆和基板制造商 IQE plc 报告收入为 9730 万英镑，比 2024 年的 1.18 亿英镑下降 17.6%。</p>
<p>无线收入从 2024 年的 6730 万英镑下降 40%，降至 401 万英镑，反映出 2025 年上半年不确定的宏观经济环境和手机需求疲软，部分终端客户需求通过现有库存满足。</p>
<p>光子学收入从 2024 年的 4990 万英镑增长 15%，达到 5710 万英镑，主要受益于 2025 年下半年某些美国军事和国防项目的资金释放，以及人工智能和数据中心相关市场的持续增长。</p>
<p>CMOS++ 收入从 2024 年的 86.3 万英镑下降至 6.5 万英镑，因为该领域的活动在 IQE 位于南威尔士的硅制造基地关闭后已停止。</p>
<p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025revenue.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="726" height="346" original-src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025revenue.jpg"/></p>
<p>“我们很高兴看到市场条件在下半年有所改善。这反映出光子学、航空航天与国防以及消费电子无线产品等关键领域的积极发展，” 首席执行官尤塔·迈尔评论道。</p>
<p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-H225.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="712" height="351" original-src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-H225.jpg"/></p>
<p>由于收入基数较低以及制造资产和产能的利用率不足，调整后的 EBITDA（息税折旧摊销前利润）从 2024 年的 810 万英镑（7% 利润率）下降至 320 万英镑（3% 利润率）。</p>
<p>然而，反映出营运资金变动的影响，报告的经营净现金流从 2024 年的 130 万英镑上升至 810 万英镑。</p>
<p>用于物业、厂房和设备（PP&amp;E）的现金资本支出为 510 万英镑，以支持 IQE 在电力电子和先进显示（微型 LED）市场及其他高增长领域的氮化镓（GaN）相关战略投资。</p>
<p>现金及现金等价物在 2025 年期间从 470 万英镑上升至 1570 万英镑。调整后的净债务从 1880 万英镑上升至 3150 万英镑。</p>
<p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025results.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="690" height="293" original-src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025results.jpg"/></p>
<h2>融资</h2>
<p>5 月 28 日，IQE 完成了一项融资，筹集了 8100 万英镑的总收入。这包括来自 MACOM Technology Solutions Inc 的 4500 万英镑战略投资（3000 万英镑的股权和 1500 万英镑的新无息可转换贷款票据，以换取签订长期供应协议），以及现有票据持有人的 2300 万英镑可转换贷款票据的赎回和再投资，以及 1300 万英镑的新普通股的配售和零售发行。</p>
<p>净收入将用于偿还 IQE 现有的与汇丰银行的循环信贷设施债务，并支持营运资金需求和持续的战略投资。</p>
<p>在完成融资并偿还与汇丰银行的循环信贷设施后，IQE 将获得 2790 万英镑的净现金流入。</p>
<p>“来自关键合作伙伴的 8100 万英镑融资是对 IQE 的一项变革性投资，使我们拥有投资未来增长的资产负债表实力，同时保持我们的全球资产基础，” 迈尔表示。</p>
<p>“IQE 独特地定位为全球增长最快的技术生态系统的关键推动者。特别是，支持数据中心和人工智能市场的铟磷（InP）解决方案的需求加速，预计将在 2026 年及以后成为重要的增长驱动力，” 迈尔表示。</p>
<p>“综合来看，IQE 的实力加上有利的市场条件直接惠及业务，使我对未来充满信心。”</p>
<h2>2026 财年收入预计增长超过 20%</h2>
<p>IQE 表示，2026 年第一季度的交易符合管理层预期，各核心细分市场需求强劲。特别是，它看到对其 InP 解决方案的需求加速，这些解决方案支持数据中心和人工智能基础设施的光子学产品。IQE 预计这将在 2026 年及以后成为重要的增长驱动力。</p>
<p>IQE 还在航空航天与国防市场中看到持续的强劲需求，以及支持消费智能手机行业的垂直腔面发射激光器（VCSEL）和无线产品。</p>
<p>预计 2026 财年的收入将同比增长超过 20%，并且在 2026 年下半年有强劲的订单可见性。这预计将导致调整后的 EBITDA 在高单位数到低双位数之间。</p>
<h2>业务更新</h2>
<p>IQE 市场细分的发展情况如下。</p>
<p>— 由于人工智能驱动的超大规模数据中心的快速增长，以及手机、基础设施和国防的需求加速，客户基础的需求加速：</p>
<ul>
<li>多个一级 InP 光子学设计赢得使 IQE 在下一代光互连市场的未来大规模生产中占据有利位置。</li>
<li>与领先的全球技术客户达成多个开发订单，开发超快速的氮化镓（GaN）- 硅微型 LED 解决方案，以解决关键数据中心网络瓶颈。</li>
<li>在地面、卫星和国防雷达平台上对氮化镓 RF 产品的持续强劲需求，推动了对关键任务传感应用的进一步订单。</li>
<li>氮化镓 RF 基础设施在高功率空间通信网络中的资格认证，包括卫星互联网星座平台（低地球轨道卫星，LEOS），正在同时推进。</li>
<li>在 5G 手机功率放大器应用中获得新的设计胜利，具有在多个未来设备代际和平台中采用的潜力。</li>
</ul>
<p>— 在先进传感平台中加强了地位，在移动、汽车安全、红外成像和国防应用中具有强劲的商业和战略势头：</p>
<ul>
<li>为领先的全球智能手机平台合格并开始第二代 3D 传感 VCSEL 产品的生产提升，巩固在高端消费设备中的地位。</li>
<li>与领先的全球光学传感解决方案提供商达成汽车合格 VCSEL 产品的大规模生产订单，支持车内驾驶员安全监控系统。</li>
<li>长波红外（LWIR）产品在一级客户处获得生产资格，支持自动驾驶汽车、国防和先进成像应用的需求增长。</li>
<li>来自国防客户对大直径（6 英寸和 8 英寸）基于锑化镓 GaSb 外延晶圆的需求增加，使超高分辨率红外传感器的生产更加具成本效益。</li>
</ul>
<p>— 在面向未来消费设备的下一代微 LED 显示生态系统中，推进技术能力和客户参与：</p>
<ul>
<li>与领先的跨国公司在先进微 LED AR/VR 显示器方面扩大合作并续签开发供应协议，项目正朝着早期生产阶段推进。</li>
<li>提供 8 英寸 RGB（红、绿、蓝）外延材料以实现硅集成，扩大客户资格并支持新的消费微 LED 显示机会。</li>
<li>通过功能性晶圆表面涂层推出先进的外延能力，为客户提供将 GaN 微 LED 集成到硅代工制造流程中的单一步骤。</li>
</ul>
<p>— 在下一代 GaN 电源领域建立长期战略基础，强化全球供应链，以满足数据中心、航天和航空领域日益增长的需求：</p>
<ul>
<li>正在推进 GaN-on-Si 电源外延材料的资格认证，以满足下一代 AI 和超大规模数据中心电源供应应用的需求。</li>
<li>开发用于航天和航空应用的 GaN 电源设备，包括更轻、更高效和抗辐射的电源管理电路。</li>
<li>扩大代工合作伙伴生态系统，以拓宽地理覆盖范围并增强供应链灵活性。</li>
</ul>
<h2>运营更新</h2>
<p>运营发展被列为：</p>
<ul>
<li>持续关注财政纪律和对可自由支配支出的严格控制；</li>
<li>持续优化投资组合，以确保现有资产基础完全专注于核心客户和技术的价值创造；</li>
<li>运营卓越推动产量提升和制造效率；</li>
<li>全球场地优化计划持续进行，预计在 2025 年下半年完成退出南威尔士的硅场地，随后在 2025 年第一季度停止制造运营。</li>
</ul>
<h2>董事会更新</h2>
<p>正如预期，在 IQE 完成其战略审查后，Mark Cubitt 已恢复担任非执行主席，Harmesh Suniara 已辞去董事会职务，作为 Lombard Odier 的代表，该公司不打算提名替代代表。</p>
<p>IQE 的董事会已批准 MACOM 首席运营官 Robert Dennehy 和副总裁 David O’Carroll 作为非执行董事的提名，待完成常规的 Nomad 尽职调查。</p>
<p>IQE 计划在适当时候任命一位永久首席财务官。</p>
<p>IQE 完成 8100 万英镑的融资</p>
<p>IQE 报告 2025 年下半年需求强劲，受军事与国防、AI、数据中心和手机市场推动</p>
<p>IQE 与 Lumentum 延长多年战略供应协议</p>
<p>IQE 扩大战略审查，考虑公司潜在出售</p>
<p>IQE</p>
<p>www.iqep.com</p>

<p>IQE 报告 2025 财年收入下降 17.6%，降至 9730 万英镑，主要由于无线销售下降 40% 抵消了光子学 15% 的增长。调整后的 EBITDA 减半至 320 万英镑。该公司完成了 8100 万英镑的融资，以偿还债务并支持在氮化镓和磷化铟技术上的战略投资。IQE 预计 2026 年收入将增长超过 20%，这得益于人工智能数据中心、国防和消费电子产品的强劲需求</p>

<p>News: Suppliers</p>
<div class="lb-trans"><p>新闻：供应商</p>
</div><p>IQE’s full-year 2025 revenue falls 17.6%, as 40% drop in wireless outweighs 15% growth in photonics</p>
<div class="lb-trans"><p>IQE 2025 财年收入下降 17.6%，无线业务下滑 40% 超过光子学 15% 的增长</p>
</div><p>For full-year 2025, epiwafer and substrate maker IQE plc of Cardiff, Wales, UK has reported revenue of £97.3m, down 17.6% on 2024’s £118m.</p>
<div class="lb-trans"><p>2025 财年，来自威尔士卡迪夫的外延晶圆和基板制造商 IQE plc 报告收入为 9730 万英镑，比 2024 年的 1.18 亿英镑下降 17.6%。</p>
</div><p>Wireless revenue fell by 40% from 2024’s £67.3m to £40.1m, reflecting uncertain macroeconomic conditions in first-half 2025 and softness in mobile handset demand, with some end-customer requirements met from existing inventory.</p>
<div class="lb-trans"><p>无线收入从 2024 年的 6730 万英镑下降 40%，降至 401 万英镑，反映出 2025 年上半年不确定的宏观经济环境和手机需求疲软，部分终端客户需求通过现有库存满足。</p>
</div><p>Photonics revenue grew by 15% from 2024’s £49.9m to £57.1m, driven by funding releases for certain US military and defence programs in second-half 2025 and continued growth in AI and data-center-related markets.</p>
<div class="lb-trans"><p>光子学收入从 2024 年的 4990 万英镑增长 15%，达到 5710 万英镑，主要受益于 2025 年下半年某些美国军事和国防项目的资金释放，以及人工智能和数据中心相关市场的持续增长。</p>
</div><p>CMOS++ revenue fell from 2024’s £863,000 to £65,000, as activities in this sector have now ceased, following the closure of IQE’s silicon manufacturing site in South Wales.</p>
<div class="lb-trans"><p>CMOS++ 收入从 2024 年的 86.3 万英镑下降至 6.5 万英镑，因为该领域的活动在 IQE 位于南威尔士的硅制造基地关闭后已停止。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025revenue.jpg" alt="" original-src="https://semiconductor-today.com/news_items/2026/may/IQE-2025revenue.jpg"/></p>
<p>“We were encouraged to see market conditions improve in the second half of the year. This reflected a positive trajectory in key sectors including photonics for AI and data centers, aerospace &amp; defence, and wireless products for consumer electronics,” comments CEO Jutta Meier.</p>
<div class="lb-trans"><p>“我们很高兴看到市场条件在下半年有所改善。这反映出光子学、航空航天与国防以及消费电子无线产品等关键领域的积极发展，” 首席执行官尤塔·迈尔评论道。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-H225.jpg" alt="" original-src="https://semiconductor-today.com/news_items/2026/may/IQE-H225.jpg"/></p>
<p>Due to the lower revenue base and the under-utilization of manufacturing assets and capacity, adjusted EBITDA (earnings before interest, tax, depreciation and amortization) more than halved from 2024’s £8.1m (7% margin) to £3.2m (3% margin).</p>
<div class="lb-trans"><p>由于收入基数较低以及制造资产和产能的利用率不足，调整后的 EBITDA（息税折旧摊销前利润）从 2024 年的 810 万英镑（7% 利润率）下降至 320 万英镑（3% 利润率）。</p>
</div><p>However, reflecting the impact of working capital movements, reported net cash flow from operations rose from 2024’s £1.3m to £8.1m.</p>
<div class="lb-trans"><p>然而，反映出营运资金变动的影响，报告的经营净现金流从 2024 年的 130 万英镑上升至 810 万英镑。</p>
</div><p>Cash capital expenditure on property, plant and equipment (PP&amp;E) was £5.1m to support IQE’s strategic gallium nitride (GaN)-related capacity investment into the power electronics and advanced display (micro-LED) markets and other high-growth sectors.</p>
<div class="lb-trans"><p>用于物业、厂房和设备（PP&amp;E）的现金资本支出为 510 万英镑，以支持 IQE 在电力电子和先进显示（微型 LED）市场及其他高增长领域的氮化镓（GaN）相关战略投资。</p>
</div><p>Cash and cash equivalents rose during 2025 from £4.7m to £15.7m. Adjusted net debt rose from £18.8m to £31.5m.</p>
<div class="lb-trans"><p>现金及现金等价物在 2025 年期间从 470 万英镑上升至 1570 万英镑。调整后的净债务从 1880 万英镑上升至 3150 万英镑。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://semiconductor-today.com/news_items/2026/may/IQE-2025results.jpg" alt="" original-src="https://semiconductor-today.com/news_items/2026/may/IQE-2025results.jpg"/></p>
<h2>Fundraise</h2>
<div class="lb-trans"><h2>融资</h2>
</div><p>On 28 May, IQE completed a financing that raised gross proceeds of £81m. This included a £45m strategic investment from MACOM Technology Solutions Inc (£30m of equity and £15m in new non-interest-bearing convertible loan notes, in exchange for entering into long-term supply agreements) plus a £23m redemption and reinvestment of convertible loan notes by existing noteholders, as well as a £13m placing and retail offer of new ordinary shares.</p>
<div class="lb-trans"><p>5 月 28 日，IQE 完成了一项融资，筹集了 8100 万英镑的总收入。这包括来自 MACOM Technology Solutions Inc 的 4500 万英镑战略投资（3000 万英镑的股权和 1500 万英镑的新无息可转换贷款票据，以换取签订长期供应协议），以及现有票据持有人的 2300 万英镑可转换贷款票据的赎回和再投资，以及 1300 万英镑的新普通股的配售和零售发行。</p>
</div><p>The net proceeds will be used to repay IQE’s existing revolving credit facility debt with HSBC Bank, and support working capital requirements and ongoing strategic investment.</p>
<div class="lb-trans"><p>净收入将用于偿还 IQE 现有的与汇丰银行的循环信贷设施债务，并支持营运资金需求和持续的战略投资。</p>
</div><p>After completing the fundraise and repaying the revolving credit facility with HSBC Bank, IQE will receive net cash inflows of £27.9m.</p>
<div class="lb-trans"><p>在完成融资并偿还与汇丰银行的循环信贷设施后，IQE 将获得 2790 万英镑的净现金流入。</p>
</div><p>“The £81m fundraise from key partners is a transformational investment for IQE, giving us the balance sheet strength to invest in our future growth, while maintaining our global asset base,” says Meier.</p>
<div class="lb-trans"><p>“来自关键合作伙伴的 8100 万英镑融资是对 IQE 的一项变革性投资，使我们拥有投资未来增长的资产负债表实力，同时保持我们的全球资产基础，” 迈尔表示。</p>
</div><p>“IQE is uniquely positioned as a critical enabler of the world’s fastest-growing technology ecosystems. In particular, accelerating demand for our indium phosphide (InP) solutions supporting data-center and AI markets is expected to be a material growth driver throughout 2026 and beyond,” says Meier.</p>
<div class="lb-trans"><p>“IQE 独特地定位为全球增长最快的技术生态系统的关键推动者。特别是，支持数据中心和人工智能市场的铟磷（InP）解决方案的需求加速，预计将在 2026 年及以后成为重要的增长驱动力，” 迈尔表示。</p>
</div><p>“Taken together, a stronger IQE, coupled with favourable market conditions directly benefitting the business, gives me great confidence for the future.”</p>
<div class="lb-trans"><p>“综合来看，IQE 的实力加上有利的市场条件直接惠及业务，使我对未来充满信心。”</p>
</div><h2>Full-year 2026 revenue to grow by over 20%</h2>
<div class="lb-trans"><h2>2026 财年收入预计增长超过 20%</h2>
</div><p>IQE says that trading in first-quarter 2026 has been in line with management expectations, with strong demand across all core segments. In particular, it is seeing accelerated demand for its InP solutions, which support optical photonics products for data-center and AI infrastructure. IQE expects this to be a material growth driver throughout 2026 and beyond.</p>
<div class="lb-trans"><p>IQE 表示，2026 年第一季度的交易符合管理层预期，各核心细分市场需求强劲。特别是，它看到对其 InP 解决方案的需求加速，这些解决方案支持数据中心和人工智能基础设施的光子学产品。IQE 预计这将在 2026 年及以后成为重要的增长驱动力。</p>
</div><p>IQE is also seeing ongoing strength in aerospace &amp; defence markets, as well as vertical-cavity surface-emitting laser (VCSEL) and wireless products supporting the consumer smartphone industry.</p>
<div class="lb-trans"><p>IQE 还在航空航天与国防市场中看到持续的强劲需求，以及支持消费智能手机行业的垂直腔面发射激光器（VCSEL）和无线产品。</p>
</div><p>Revenue for full-year 2026 is expected to exceed 20% growth year-on-year, with strong order book visibility into second-half 2026. This is expected to result in a high-single-digit to low double-digit adjusted EBITDA.</p>
<div class="lb-trans"><p>预计 2026 财年的收入将同比增长超过 20%，并且在 2026 年下半年有强劲的订单可见性。这预计将导致调整后的 EBITDA 在高单位数到低双位数之间。</p>
</div><h2>Business update</h2>
<div class="lb-trans"><h2>业务更新</h2>
</div><p>Developments in IQE’s market segments are described as follows.</p>
<div class="lb-trans"><p>IQE 市场细分的发展情况如下。</p>
</div><p>— accelerated demand across the customer base due to rapid growth in AI-driven hyperscale data centers, alongside mobile handsets, infrastructure and defence:</p>
<div class="lb-trans"><p>— 由于人工智能驱动的超大规模数据中心的快速增长，以及手机、基础设施和国防的需求加速，客户基础的需求加速：</p>
</div><ul>
<li>Multiple tier-1 InP photonics design wins position IQE for future volume production in next-generation optical interconnect markets for data centers.</li>
<li>Secured multiple development orders with leading global technology customers developing ultra-fast GaN-on-Si micro-LED solutions to address critical data-center network bottlenecks.</li>
<li>Continued strong demand for GaN RF products across terrestrial, satellite and defence radar platforms, driving further orders for mission-critical sensing applications.</li>
<li>GaN RF infrastructure qualifications for use in high-power space communications networks, including satellite internet constellation platforms (low-Earth-orbit satellites, LEOS), are progressing simultaneously.</li>
<li>Secured new design wins for 5G mobile handset power amplifier applications, with potential for adoption across multiple future device generations and platforms.</li>
</ul>
<div class="lb-trans"><ul>
<li>多个一级 InP 光子学设计赢得使 IQE 在下一代光互连市场的未来大规模生产中占据有利位置。</li>
<li>与领先的全球技术客户达成多个开发订单，开发超快速的氮化镓（GaN）- 硅微型 LED 解决方案，以解决关键数据中心网络瓶颈。</li>
<li>在地面、卫星和国防雷达平台上对氮化镓 RF 产品的持续强劲需求，推动了对关键任务传感应用的进一步订单。</li>
<li>氮化镓 RF 基础设施在高功率空间通信网络中的资格认证，包括卫星互联网星座平台（低地球轨道卫星，LEOS），正在同时推进。</li>
<li>在 5G 手机功率放大器应用中获得新的设计胜利，具有在多个未来设备代际和平台中采用的潜力。</li>
</ul>
</div><p>— strengthened position in advanced sensing platforms, with strong commercial and strategic momentum across mobile, automotive safety, infrared imaging and defence applications:</p>
<div class="lb-trans"><p>— 在先进传感平台中加强了地位，在移动、汽车安全、红外成像和国防应用中具有强劲的商业和战略势头：</p>
</div><ul>
<li>Qualified and commenced production ramp of second-generation 3D sensing VCSEL products for a leading global smartphone platform, reinforcing position in premium consumer devices.</li>
<li>Secured volume production orders for automotive-qualified VCSEL products with a leading global optical sensing solutions provider, supporting in-cabin driver safety monitoring systems.</li>
<li>Long-wavelength infrared (LWIR) products qualified for production at a tier 1 customer, supporting a demand ramp across autonomous vehicle, defence and advanced imaging applications.</li>
<li>Increasing demand for large-diameter (6- and 8-inch) gallium antimonide GaSb-based epiwafers from defence customers, enabling more cost-effective production of ultra-high-resolution infrared sensors.</li>
</ul>
<div class="lb-trans"><ul>
<li>为领先的全球智能手机平台合格并开始第二代 3D 传感 VCSEL 产品的生产提升，巩固在高端消费设备中的地位。</li>
<li>与领先的全球光学传感解决方案提供商达成汽车合格 VCSEL 产品的大规模生产订单，支持车内驾驶员安全监控系统。</li>
<li>长波红外（LWIR）产品在一级客户处获得生产资格，支持自动驾驶汽车、国防和先进成像应用的需求增长。</li>
<li>来自国防客户对大直径（6 英寸和 8 英寸）基于锑化镓 GaSb 外延晶圆的需求增加，使超高分辨率红外传感器的生产更加具成本效益。</li>
</ul>
</div><p>— progressed technological capabilities and customer engagement in next-generation micro-LED display ecosystems targeting future consumer devices:</p>
<div class="lb-trans"><p>— 在面向未来消费设备的下一代微 LED 显示生态系统中，推进技术能力和客户参与：</p>
</div><ul>
<li>Expanded partnership and renewed development supply agreement with a leading multi-national consumer in advanced micro-LED AR/VR displays, with programs progressing towards early-stage production.</li>
<li>Delivered 8-inch RGB (red, green and blue) epitaxy for silicon integration, expanding customer qualifications and supporting new consumer micro-LED display opportunities.</li>
<li>Launched advanced epitaxy capabilities through functional wafer-surface coatings, providing customers with a single step to integrate GaN micro-LEDs into silicon foundry manufacturing flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>与领先的跨国公司在先进微 LED AR/VR 显示器方面扩大合作并续签开发供应协议，项目正朝着早期生产阶段推进。</li>
<li>提供 8 英寸 RGB（红、绿、蓝）外延材料以实现硅集成，扩大客户资格并支持新的消费微 LED 显示机会。</li>
<li>通过功能性晶圆表面涂层推出先进的外延能力，为客户提供将 GaN 微 LED 集成到硅代工制造流程中的单一步骤。</li>
</ul>
</div><p>— establishment of long-term strategic foundations and strengthening global supply chains in next-generation GaN power to meet rising demand across data centers, space and aerospace:</p>
<div class="lb-trans"><p>— 在下一代 GaN 电源领域建立长期战略基础，强化全球供应链，以满足数据中心、航天和航空领域日益增长的需求：</p>
</div><ul>
<li>Progressing qualification of GaN-on-Si power epitaxy for next-generation AI and hyperscale data-center power supply applications.</li>
<li>Development of GaN power devices for space and aerospace applications, including lighter, more efficient and radiation-resistant power management circuits.</li>
<li>Expanding foundry partner ecosystem to broaden geographic reach and strengthen supply chain flexibility.</li>
</ul>
<div class="lb-trans"><ul>
<li>正在推进 GaN-on-Si 电源外延材料的资格认证，以满足下一代 AI 和超大规模数据中心电源供应应用的需求。</li>
<li>开发用于航天和航空应用的 GaN 电源设备，包括更轻、更高效和抗辐射的电源管理电路。</li>
<li>扩大代工合作伙伴生态系统，以拓宽地理覆盖范围并增强供应链灵活性。</li>
</ul>
</div><h2>Operational updates</h2>
<div class="lb-trans"><h2>运营更新</h2>
</div><p>Operational developments are cited as:</p>
<div class="lb-trans"><p>运营发展被列为：</p>
</div><ul>
<li>a continued focus on fiscal discipline and tight controls over discretionary spending;</li>
<li>ongoing portfolio optimization to ensure existing asset base is fully focused on value creation across core customers and technologies;</li>
<li>operational excellence driving yield improvements and manufacturing efficiencies;</li>
<li>global site optimization program continuing, with the exit from the silicon site in South Wales completed in second-half 2025, following the cessation of manufacturing operations in Q1/2025.</li>
</ul>
<div class="lb-trans"><ul>
<li>持续关注财政纪律和对可自由支配支出的严格控制；</li>
<li>持续优化投资组合，以确保现有资产基础完全专注于核心客户和技术的价值创造；</li>
<li>运营卓越推动产量提升和制造效率；</li>
<li>全球场地优化计划持续进行，预计在 2025 年下半年完成退出南威尔士的硅场地，随后在 2025 年第一季度停止制造运营。</li>
</ul>
</div><h2>Board update</h2>
<div class="lb-trans"><h2>董事会更新</h2>
</div><p>As expected following IQE’s completion of its Strategic Review, Mark Cubitt has returned to the role of non-executive chair and Harmesh Suniara has stepped down from the board as the representative of Lombard Odier, which does not intend to nominate an alternate representative.</p>
<div class="lb-trans"><p>正如预期，在 IQE 完成其战略审查后，Mark Cubitt 已恢复担任非执行主席，Harmesh Suniara 已辞去董事会职务，作为 Lombard Odier 的代表，该公司不打算提名替代代表。</p>
</div><p>IQE’s board has approved the nominations of MACOM’s chief operating officer Robert Dennehy and vice president David O’Carroll as non-executive directors, subject to the completion of customary Nomad due diligence.</p>
<div class="lb-trans"><p>IQE 的董事会已批准 MACOM 首席运营官 Robert Dennehy 和副总裁 David O’Carroll 作为非执行董事的提名，待完成常规的 Nomad 尽职调查。</p>
</div><p>IQE intends to appoint a permanent chief financial officer in due course.</p>
<div class="lb-trans"><p>IQE 计划在适当时候任命一位永久首席财务官。</p>
</div><p>IQE completes £81m fundraising</p>
<div class="lb-trans"><p>IQE 完成 8100 万英镑的融资</p>
</div><p>IQE reports strong second-half 2025 demand, driven by military &amp; defence, AI, data center and handset markets</p>
<div class="lb-trans"><p>IQE 报告 2025 年下半年需求强劲，受军事与国防、AI、数据中心和手机市场推动</p>
</div><p>IQE extends multi-year strategic supply agreement with Lumentum</p>
<div class="lb-trans"><p>IQE 与 Lumentum 延长多年战略供应协议</p>
</div><p>IQE expanding strategic review to potential sale of company</p>
<div class="lb-trans"><p>IQE 扩大战略审查，考虑公司潜在出售</p>
</div><p>IQE</p>
<div class="lb-trans"><p>IQE</p>
</div><p>www.iqep.com</p>
<div class="lb-trans"><p>www.iqep.com</p>
</div>

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

SemiConductor

IQE plc

IQE 2025 年全年收入下降 17.6%，因为无线业务下降 40% 超过了光子业务增长 15% 的影响