- Wafer product supplier IQE confirmed that it had appointed Phil Smith to the role of chairman.

The former chairman of Cisco UK and Ireland joined the IQE board in December 2016 and took over from Godfrey Ainsworth, who stepped down as executive chairman.

The appointment was first announced in October.

At 12:49pm: [LON:IQE] IQE PLC share price was +1.23p at 74.93p

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