IQE, supplier of technology to the semiconductor industry, announced Thursday a new partnership with Canada's OneChip Photonics.
The company's services will be used by OneChip to produce InP based photonic integrated circuits (PIC) for the data centre interconnect and passive optical network markets.
"OneChip has developed some exciting new integrated photonics products for the high-volume, but cost-sensitive, optical communications markets," said IQE President and Chief Executive Officer, Drew Nelson.
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"We are delighted to apply our unique high-volume manufacturing expertise in producing InP-based epi-wafers for OneChip's innovative PIC technology."
Shares climbed 0.86% to 29p at 10:37 Thursday.
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