Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag British semiconductor firm IQE reviews assets, considers selling Taiwanese division amid weak demand.

flag British semiconductor maker IQE is conducting a strategic review of its assets and considering selling its Taiwanese division due to weak demand and flat revenue. flag The company expects 2024 revenue to be around £115 million, below analysts' predictions. flag IQE is also in talks with shareholder Lombard Odier for £15 million in short-term financing. flag Despite the challenges, the company remains confident in its long-term prospects.

5 months ago
7 Articles

Further Reading