IQE PLC (FRA:IQX)

€ 0.8 0 (15.94%) Market Cap: 680.88 Mil Enterprise Value: 763.21 Mil PE Ratio: 0 PB Ratio: 0.66 GF Score: 44/100

Half Year 2022 IQE PLC Earnings Call Transcript

Sep 06, 2022 / 08:00AM GMT

Transcript

Americo Lemos

IQE plc - CEO

Good morning, everybody. Thank you for taking the time to come see us this morning or to watch us online. This is our half-year result for 2022, and I would like to take you to where we are as a business. But before we get into the numbers with team, I would like to share with you our progress towards our strategic priorities year to date as well.

As you know, I joined early in the year. So it has been an interesting six to nine months working in IQE, but also living in the UK. So I'm still in a ramp-up phase in some part of the country to adapt to where I came from, which is California.

As you know, our industry continues to play a vital role in the world economy. And we continue to see tremendous focus around the world on semiconductor and especially on semiconductor manufacturing.

Most recently, the US has passed the CHIP Act, which is a fantastic milestone to continue to fuel domestic supply chain in the United States. We hope to see the same here in the UK with the new prime minister that has come on board. We'll talk about it as well.

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