February 12, 2018 / 7:32 AM / 14 days ago

BRIEF-IQE's partner Cardiff University defends investment in company

Feb 12 (Reuters) - Iqe Plc:

* ‍STATEMENT FROM CARDIFF JOINT VENTURE PARTNER​

* ‍IQE NOTES STATEMENT PROVIDED BY ITS CARDIFF JOINT VENTURE (“CSC”) PARTNER​

* ‍CARDIFF UNIVERSITY HAS INVESTED EQUITY OF £21.8M IN COMPOUND SEMICONDUCTOR CENTRE​

* ‍UNIVERSITY ENTERED INTO JOINT VENTURE AS A STRATEGIC INVESTMENT TO ENSURE OUR WORLD LEADING RESEARCH HAS A WELL-FOUNDED ROUTE TO COMMERCIALISATION​

* ‍SEVERAL PROJECT WINS HAVE BEEN ANNOUNCED WITHIN LAST YEAR​ Source text for Eikon: Further company coverage: (Reporting By London Bureau)

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