For full-year 2021, epiwafer and substrate maker IQE plc of Cardiff, UK has reported revenue of £154.1m, above the £152m guidance but down 13.4% on 2020’s £178m. However, the firm experienced a foreign exchange (FX) headwind of about £10.6m affecting GBP revenue on a reported basis, caused by the relative strength of Sterling versus the US dollar (in which most of IQE’s revenues are denominated). On a constant-currency basis, revenue was down just 7.3% at £165m (in line with November’s trading update of £164m)...
Source: http://www.semiconductor-today.com/news ... 0422.shtml