11 Jan 2013

IQE buys Kopin for $75m

IQE is to buy the compound semiconductor epiwafer manufacturing business, Kopin Wireless, for $75 million.

Drew Nelson, CEO of IQE, said: “This acquisition is our third key transaction in the past 12 months... and marks another major step forward in our risk mitigation strategy, whilst significantly boosting our wireless market share.

Kopin Wireless is a global manufacturer of heterojunction bipolar transistor materials which are used in power amplifiers and are produced using Metal Organic Chemical Vapour Deposition epitaxial wafer technology.

According to IQE, the acquisition significantly extends its market share and leadership in wireless industry supply and will deliver a market leading position in MOCVD HBT, as well as providing access to the growing Asian semiconductor market.

The move will also see Skyworks, which has a long standing supply agreement with Kopin Wireless, become a major customer.

"The transaction also delivers excellent opportunities for additional business growth, particularly in Taiwan and from there into the Asian semiconductor market," added Nelson. “This transaction will be a key driver of significant earnings and cash generation and also brings substantial financial and scale benefits. This will enable the Group to make significant cost savings from FY14 onwards and further underpins our leading position in the supply of wafers to the global compound semiconductor industry.”

Most popular news in Electronics manufacture

Thinfilm secures $22M investment
IC Insights: Chip companies spending more on research
GUC unveils first 16nm IP for TSMC
Researchers edge closer to germanium laser
Top-end IC foundry market to rise 72% in 2014

All news in this channel | All news


Share this page


Want more like this? Register for our newsletter






The Art of Electronics 3rd Edition
The Art of Electronics 3rd Edition

Paul Horowitz & Winfield Hill
The Art of Electronics was the best book for electronic circuit designers and...
Read more . .

USA bookstore UK bookstore
Guidebooks for electronics engineers
Training
RF, Wireless and Microwave Measurement Techniques
Learn all the key issues and techniques of RF and microwave measurements on this two day course.

More training courses

Books for electronics engineers
Whitepapers
LTE for Automotive Applications
Read the insight in this white paper from u-Blox about LTE for automotive applications. Discover all you need to know.

More whitepapers










Radio-Electronics.com is operated and owned by Adrio Communications Ltd and edited by Ian Poole. All information is © Adrio Communications Ltd and may not be copied except for individual personal use. This includes copying material in whatever form into website pages. While every effort is made to ensure the accuracy of the information on Radio-Electronics.com, no liability is accepted for any consequences of using it. This site uses cookies. By using this site, these terms including the use of cookies are accepted. More explanation can be found in our Privacy Policy