Telecoms ♦ news digest


Incentive Plan covering 100,000 shares of API Class A Common Stock. He will also have an option to acquire 160,000 shares of API Class A Common Stock pursuant to the API 2007 Equity Incentive Plan at an exercise price per share equal to fair market value of the shares on the grant date.


Finally, Anderson will receive a one-time relocation bonus of $50,000. The restricted stock and options granted to Anderson upon the commencement of his employment vest in quarterly instalments on each of the first four anniversaries of the date of the grant.


IQE supports Asia Pacific region with new sales manager


Based at the Group’s Singapore facility, Norio Hayafuji will provide customers with a technical focus for IQE’s wireless, optoelectronic and photovoltaic products across the APAC area.


IQE, a global supplier of advanced semiconductor wafer products and services to the semiconductor industry, has appointed Norio Hayafuji as Head of Sales and Marketing for the Asia Pacific region.


Norio has more than 27 years’ experience in manufacturing, business development, sales and marketing and general management within compound semiconductor technology companies including Mitsubishi Electric, Procomp and Century Epitech.


Norio will be based at the Group’s Singapore facility. He will coordinate sales and marketing activities and provide a technical focus for wireless, optoelectronic and photovoltaic products across the Group’s Asia Pacific customer base.


CEO and President, Drew Nelson, said, “We confidently expect China, Taiwan, Korea and Japan to become major global powers in emerging technologies over the next decade. We already have a considerable presence in the Far East with a solid customer base and state-of-the-art manufacturing facility. The appointment of an acknowledged industry expert with extensive knowledge and experience of our industry in the


Lady Gass, Lord Lieutenant of Somerset presents the Queen’s Award to Andy Matthews, Managing Director, Oxford Instruments Plasma Technology


Following a short presentation, the Lord Lieutenant toured Oxford Instruments’ manufacturing plant, research laboratories and offices in Yatton, North Somerset, and was accompanied by John Cullum,


August/September 2011 www.compoundsemiconductor.net 89


region will help ensure that IQE is well positioned to exploit this growth potential.”


IQE’s comprehensive wireless portfolio includes III-V PHEMT, HBT, and BiFET epi-wafers grown by MBE and MOCVD at IQE’s manufacturing sites in the US, UK, and Singapore.


Oxford Instruments receives Queen’s Award


The award for enterprise was based on the firm’s comprehensive product range addressing a wide spread of markets combined with an aggressive strategy of developing new markets, primarily in Asia.


The manufacturer of high performance capital equipment for the semiconductor industry received the award for International Trade, for more than doubling overseas earnings over six years of sustained growth, and exporting over 90% of production.


This outstanding performance was based on the Company’s comprehensive product range addressing a wide spread of markets combined with an aggressive strategy of developing new markets, primarily in Asia. This is the 3rd time the company has been honoured in the Queen’s Awards.


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