“IQE’s new facility in Newport was secured in partnership with the Cardiff Capital Region, supported by both Welsh and UK Governments. The location provides easy access for international trade within our global industry and is in close proximity to leading academic expertise, industrial research institutes, prototyping facilities and uniquely, an established cohort of semiconductor related businesses.
Our industry sector already provides high quality employment for around 1,500 people across the region but is expected to grow to around 5,000 jobs over the next five years.
We believe the region provides the ideal environment in which our business and industry can grow as a major global centre for advanced semiconductor research, prototyping, production and design expertise.”
Dr Drew Nelson OBE, Chief Executive Officer of IQE plc
For further information visit the IQE website