IQE announced it is expanding its strategic review to include a potential sale of the company

IQE plc expects FY2025 revenue of £90–100m and adjusted EBITDA between £(5.0)m and £2.0m, reflecting weak demand in wireless markets, ongoing mobile handset softness, and deferred US defence orders into 2026. H1 2025 revenue is anticipated at ≥£44m with adjusted LBITDA of £(0.4)m.

The Board has expanded its Strategic Review to include a potential sale of the company, alongside progressing negotiations to sell its Taiwan operations, with proceeds aimed at repaying debt and supporting core operations.