StockWatch
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Semiconductors
PartnershipJun 15, 2026, 02:02 AM

Tower Semi & IQE sign multi-year InP supply deal, settle IP dispute

AI Summary

Tower Semiconductor and IQE plc announced a multi-year agreement for IQE to supply Indium Phosphide (InP) epiwafers to Tower. These epiwafers will be utilized in Tower's advanced silicon photonics platforms for next-generation optical connectivity solutions, particularly for AI-driven data center infrastructure. The collaboration includes technology for 200Gbs/lane pluggable transceivers and prototyping 400Gb/lane modulators. Additionally, a separate agreement resolves all prior IP disputes between the companies, with Tower providing IQE a royalty-free license for porous silicon patents.

Key Highlights

  • IQE to supply Indium Phosphide (InP) epiwafers to Tower Semiconductor under a multi-year agreement.
  • Epiwafers will be used in Tower's silicon photonics platforms for AI-driven data center optical connectivity.
  • Collaboration includes technology for 200Gbs/lane transceivers and 400Gb/lane modulators.
  • Tower Semiconductor commits to minimum purchases in the first year and subsequent minimum volumes.
  • IQE provides a reciprocal supply commitment for the epiwafers.
  • Tower grants IQE a broad worldwide, royalty-free license for porous silicon patents.
  • The separate agreement resolves all prior IP disputes and litigation between the companies.