Daily Mail



■ SEMICONDUC­TOR wafer-maker IQE warned fewer customer orders would hit revenues this year.

The Cardiff-based group said weaker demand has led to customers reducing the quantity of stock they held, meaning revenues for the first six months of 2023 should be £30m less than the same period a year earlier.

Business should pick up during the second half of 2023, IQE added.

Shares tumbled 38pc, or 17.75p, to 29p.

 ?? ??
 ?? ??

Newspapers in English

Newspapers from United Kingdom