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IQE, Inc. to Expand in Greensboro/Guilford County

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IQE, Inc. to Expand in Greensboro/Guilford County


Greensboro, N.C. – IQE, Inc., the leading supplier of advanced wafer products and material solutions to the semiconductor industry, plans to invest in its facility in Greensboro and Guilford County with new equipment and machinery. IQE will increase its employee base with an additional 31 jobs with the expansion.

“IQE’s decision to grow and expand here is a testament to our workforce and innovative manufacturing environment. We appreciate the company’s commitment to Greensboro and Guilford County as we increase the momentum in establishing Guilford County as a top destination to live and do business,” said Brent Christensen, President and CEO of the Greensboro Chamber of Commerce.

Greensboro Mayor Nancy Vaughan added, “The City is committed to IQE and its continued growth and success. When existing industries choose to expand in Greensboro, it is an endorsement of our talented workforce and adding new high-skill, high-wage jobs to our community is our goal.”

IQE’s new hires will primarily consist of technicians and engineers working to enhance the company’s production of products for the semiconductor industry, with an average salary of approximately $66,000 per year. The company will continue to recruit talent from local colleges and universities, including NC A&T State University, UNC Greensboro and Guilford Technical Community College.

 

About the Greensboro Chamber

The Greensboro Chamber of Commerce is the largest business organization in the community serving more than 1,200 member businesses through programming designed to help them succeed and grow. A partner in the Guilford County Economic Development Alliance, the Chamber also serves as Greensboro’s primary economic development organization, with special emphasis placed on community and entrepreneurial advancement through Action Greensboro and Launch Greensboro.


About IQE 

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across: handset devices, global telecoms infrastructure, connected devices, and 3D sensing.

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers at chip and OEM level. By leveraging the Group’s intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with c. 685 employees across eight manufacturing locations in the UK, US, and Taiwan, and is listed on the AIM Stock Exchange in London. http://iqep.com

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