STRATEGY ANALYTICS Endorses IQE Acquisition of Emcore Epitaxial Substrate Division; One-stop shop for MOCVD and MBE substrates can make IQE Profitable.BOSTON -- According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the experts at Strategy Analytics, IQE's successful acquisition of Emcore's epitaxial substrate business will increase IQE's share of the commercial epitaxial substrate market, giving IQE IQE Internal Quantum Efficiency IQE Institute of Quantum Electronics IQE International Quantum Epitaxy IQE Indefinite-Quadratic Estimation IQE Incoming Quality Evaluation IQE Initial Qualification Evaluation (US Air Force) the necessary tools to generate net profits by the end of 2007. Strategy Analytics forecasts that overall demand for epitaxial substrates will grow 40 percent year-on-year in 2006 and 30 percent year-on-year in 2007. However, commercial demand for MBE MBE (in Britain) Member of the Order of the British Empire MBE n abbr (BRIT) (= Member of the Order of the British Empire) → tÃtulo ceremonial MBE n abbr (Brit) (= substrates is restricted by captive capabilities and regional preferences for MOCVD MOCVD Metallo Organic Chemical Vapor Deposition MOCVD Metal Oxide Chemical Vapor Deposition . By acquiring Emcore's Electronic Materials Division (EMD EMD Electromechanical dissociation, see there ), IQE can offer GaAs device manufacturers a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for both MOCVD (metalorganic chemical vapor deposition Metalorganic chemical vapor deposition (MOCVD) is a chemical vapor deposition process that uses metalorganic source gases. For instance, MOCVD may use tantalum ethoxide ( ) and MBE (molecular beam epitaxy A technique that "grows" atomic-sized layers on a chip rather than creating layers by diffusion. ) material. "Overall, we believe this is a positive move for IQE that will enable the company to increase its share of the commercial SI GaAs epitaxial substrate market and move into profitability," says Asif Anwar, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies service. "We recommend that IQE shareholders pass the resolution approving the placement of IQE shares to raise capital for the EMD acquisition." "This is a very positive move by IQE," notes Stephen Entwistle, Vice President of the Strategic Technologies Practice at Strategy Analytics. "However, IQE will still need to overcome several commercial challenges to achieve its target of becoming the world's leading commercial supplier of SI GaAs epitaxial substrates." Further analysis of the SI GaAs epitaxial substrates market will be available to clients of the GaAs and Compound Semiconductor Technologies service in the forthcoming report, "Markets for SI GaAs Epitaxial Substrates 2005-2010," and at this time in "IQE's Emcore Acquisition can create a One-Stop Shop for Epitaxial Substrates but can they make a Profit?" About Strategy Analytics Strategy Analytics, Inc. - a global research and consulting firm - provides timely insights and strategic business solutions to companies operating at the convergence of information, communications and entertainment technologies. With worldwide headquarters in Boston, MA. and principal offices in England, France and Germany, Strategy Analytics focuses on market opportunities and challenges in the areas of Automotive Electronics & Multimedia, Digital Consumer, Wireless Strategies and Enabling Technologies. For more information, see www.strategyanalytics.com |
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