IQE (LON:IQE) - Wireless market share strengthened
Jan 22nd 2013 - Edison Investment Research today published a report on IQE (IQE.L, LSE:IQE, LON:IQE) entitled "Wireless Market Share Strengthened". In summary, the report says:
IQE’s acquisition of Kopin Wireless looks strategically compelling, extending IQE’s market share in wireless to 50-60%, giving the company near blanket coverage of the major RF chip suppliers and a strong position across both power amplifiers and switches. The deal is EPS neutral to our 2013 forecast, which has scope for upside, and with the release of cost synergies over 2014 and 2015, further strong earnings growth should follow.
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