Extended GaAs deal worth $20 million to IQE By Colin Holland EE Times Europe June 26, 2008 (06:15 AM EST)   Recent Articles News TT buys Semelab components business Skyworks secures 5-Year contract with Lockheed Martin for the Aegis Weapon System Ericsson and STMicroelectronics to create joint-venture in semiconductors and platforms for mobile applications Silver-zinc battery for mobiles set to show at IDF RF Nano raises $8 million Arbitrary waveform generators are 20 percent faster Archives LONDON — IQE plc's Pennsylvania-based business unit has been awarded a multi-year contract extension as sole supplier of GaAs based pHEMT epi-wafers to a major U.S. wireless component manufacturer. The contract extension, which is with an existing IQE (cardiff, Wales) customer, is valued at approximately $20 million in revenue over the next two years and is a long term agreement designed to support the customers planned growth over the coming years. The GaAs based pHEMT epi-wafers are manufactured using the groups molecular beam epitaxy tools and are used in mobile handsets and other wireless communication devices.