In an update on current trading, epiwafer and substrate maker IQE plc of Cardiff, Wales, UK says that, although it expects results for full-year 2022 to remain in line with the update provided on 16 January, it has since seen an acceleration of the anticipated trends, with weaker demand leading to inventory build-up throughout the supply chain. This reduction in customer orders and forecasts is expected to result in a decline in first-half 2023 revenue of about £30m year-on-year...
Source: https://www.semiconductor-today.com/new ... 0323.shtml