BluGlass and IQE enter into a strategic partnership to develop a range of electronic applications

PRESS RELEASE

Key Points

• BluGlass and IQE have entered into an Exclusive Collaboration Agreement to co-develop nitride films for a range of electronic devices on both silicon and IQE’s cREO™ technology using BluGlass’ unique low temperature RPCVD technology

• IQE is the leading foundry manufacturer of advanced semiconductor wafer products to the global semiconductor industry

Australian technology innovator BluGlass Limited (ASX:BLG) has today announced that it has entered into a formal Collaboration Agreement with IQE (AIM: IQE), a global leader in the design and manufacture of advanced semiconductor wafer products. IQE products are used by major global chip companies to produce the high performance components that enable a wide range of high-tech applications including for the wireless industry, such as smartphone and wireless infrastructure, Wi-Fi, base stations, GPS, and satellite communications; optical communications and optical storage. 

The two companies will work together to develop specific enabling technology for high quality nitride films deposited by Remote Plasma Chemical Vapour Deposition (RPCVD) on both silicon wafers and on specially engineered substrates;  cREO™ on silicon.  

IQE Group’s Vice President, Dr. Rodney Pelzel said today “We are extremely pleased to announce our collaboration with BluGlass.   BluGlass’ world leading RPCVD technology is highly complementary to IQE’s existing technology portfolio, and the collaboration is a key step in overcoming challenges inherent to epi-growth of cutting edge materials”. 

“This arrangement marks another key milestone for IQE as it continues to provide market leading solutions to its customers.  This arrangement comes on the heels of our announcement earlier this year of successful transfer of cREO™ epi capability to IQE’s North Carolina manufacturing site. This collaborative arrangement is a key step in furthering this technology.” Dr. Pelzel added.

BluGlass Managing Director, Giles Bourne said today “We are delighted to have formed a strategic partnership with IQE, one of the world’s leading compound semiconductor foundries, supplying many of today’s leading semiconductor manufacturers”. Mr. Bourne added “We have chosen to work with IQE, based on the enormous market potential and impact that the applications that we will be co-developing could have on the semiconductor industry in the future. IQE is committed to cutting-edge innovation and their diverse product portfolio makes them a very compelling partner to be working with”.