Brit Apple semi supplier IQE's CEO departs amid reshuffle

In an unexpected personnel shake-up, IQE chief Americo Lemos has left the listed British semiconductor materials supplier effective immediately after less than three years at the helm. This leaves AIM Stock Exchange listed and Cardiff based IQE – which has employees across manufacturing locations in the UK, US and Taiwan – to …

[Pascal Monett]

"effective immediately"

That smacks of serious leadership issues. This is either a clash at top level, or a gigantic sex scandal that is being quashed.

I'd vote for the former.

[captain veg]

missed trick

"Among other things, the supplier makes epitaxial wafers, used in various products including the facial recog sensors in iPhones."

Surely phizog recog?

-A.

[Tron]

Hmm.

Flog off anything in Taiwan before the Chinese move on it. Stop doing anything that loses money. Concentrate on any niche that makes money and is likely to continue to do so. If there is nothing, sell the IP and wind up before the debts pile up.