IQE announces strategic cooperation agreement with SK siltron

IQE announces strategic cooperation agreement with SK siltron 

-Based on IQE’s powerful GaN innovation technology 

-Industry leaders form partnerships to focus on growth in Asian markets

IQE plc (hereinafter referred to as "IQE" or the "Group"), the world's leading supplier of compound semiconductor wafer products and advanced materials solutions, recently officially announced a strategic cooperation agreement with SK siltron to focus on the research, development and commercialization of compound semiconductor products. .

SK siltron innovatively launches next-generation semiconductor equipment based on world-class technology. Combining SK siltron's substrate expertise with IQE's market-leading epitaxy capabilities, the partnership formalizes the strategic focus of growing the business in the Asian market. IQE and SK siltron will focus on developing and supplying innovative gallium nitride (GaN) epitaxial wafers on silicon carbide (SiC) for RF applications in the wireless communications market, as well as gallium nitride on silicon (Si) in a range of markets. Power electronics applications, the market for these GaN devices totals billions of dollars and is expected to see strong growth in consumer, telecommunications and automotive applications.

Americo Lemos, CEO of IQE said: 

"There are tremendous synergies between IQE's gallium nitride and SK siltron's substrate products, and we will leverage these strengths to bring innovative solutions to the market. Expanding the Asian market is a focus for IQE, and we are excited to partner with the globally recognized Cooperation with leading companies in advanced materials.”

SK siltron CEO Yongho Jang added: 

"It's great to see two global leaders in advanced materials joining forces to co-develop products for growth markets related to gallium nitride materials. I look forward to building upon our success with IQE and growing this relationship to include A wide range of semiconductor materials.”