IQE Plc Plans IPO for Taiwan Unit
In Taiwan Stock Exchange
British chip components maker IQE Plc has announced its intention to launch an initial public offering (IPO) for its Taiwan unit on the Taiwan Stock Exchange (TWSE). The company specializes in ‘epi-wafers’ that are used in facial recognition sensors, particularly in Apple’s iPhones, and is aiming to list IQE Taiwan on the TWSE while selling a minority shareholding through a public offering.
Maximize Asset Value Through Successful IPO
- The London-listed firm plans to retain control of IQE Taiwan.
- CEO Americo Lemos stated that a successful IPO of IQE Taiwan will help maximize the value of their asset.
- The offering will occur in two stages, with an initial listing on the Emerging Market Board expected in the first half of 2025.
Strategic Financial Advisor for IPO
IQE has seen heightened demand for its wafers due to the AI boom and its expanding market share in China. To facilitate the IPO process, the company has enlisted Taishin Securities as its financial advisor for the upcoming IPO.
Hot Take: Don’t Miss Out on the Future of IQE Plc
If you’re interested in the potential growth of IQE Plc and its Taiwan unit, keep a close eye on their upcoming IPO. With a strong market presence in cutting-edge technologies like facial recognition sensors and AI, the company could be poised for significant expansion in the years to come. Stay tuned for more updates on IQE’s IPO journey!
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