Strategic supply agreement with Lumentum

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, is pleased to announce it has signed a multi-year extension to its strategic agreement with Lumentum Holdings Inc., (NASDAQ: LITE, "Lumentum"), a global leader in photonic technology, for the supply of epiwafers supporting advanced sensing technologies.

The extended agreement will build upon the longstanding relationship between the two companies, where IQE's VCSEL expertise has advanced 3D Sensing technologies across Lumentum's broad photonics product portfolio. These technologies are key enablers in consumer, automotive LiDAR and in-cabin sensing applications.

Jutta Meier, Chief Executive Officer of IQE, commented:

"I am very pleased to continue our highly successful relationship with Lumentum through this multi-year supply agreement extension. Together we have achieved significant innovation in sensing technologies, from development through to mass production. We are excited to build on our success moving forward, as we expand advanced sensing into a new generation of consumer and automotive products."

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• Automotive and Industrial
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