IQE announces Americo Lemos as upcoming CEO

– UK, Cardiff –  IQE plc (LON: IQE), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, today announced the appointment of Americo Lemos as CEO, effective from 10 January 2022.

“The depth and breadth of Americo’s industry expertise make him the natural choice to take the business forward in its next stage of growth. His appointment will enable us to build on our solid global industry foundations and market-leading positions, and take advantage of key structural drivers and opportunities arising with the proliferation of 5G and the Internet of Things. Americo is the ideal leader to take over from IQE’s founder Dr Drew Nelson” commented Executive Chairman, Phil Smith.

About Americo Lemos

With over two decades of managerial experience working with multinational tech companies, Americo Lemos has the skills necessary to lead IQE into the next phase of its evolution, further capitalizing on the Group’s position as the scaled global epitaxy leader.

Americo Lemos joins IQE from the executive team at GlobalFoundries Inc., a New York-headquartered semiconductor designer and manufacturer. As GF’s SVP of Business Development for the Asia Pacific and China Country President, Americo has been responsible for driving the business’s efficiency and growth in these critical markets. Before this, he held executive positions at globally-renowned technology companies including Qualcomm and Intel, having also worked at Flextronics, Texas Instruments, and Skyworks, amongst others.

Americo Lemos said: “I am hugely excited to be joining IQE, a business at the forefront of the UK’s high-tech manufacturing sector and one which I have long admired. I look forward to working with my new colleagues to ensure the business’s continued success and growth and achieving our vision of being the best-advanced semiconductor materials solutions company in the world.”


IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

  • handset devices
  • global telecoms infrastructure
  • connected devices
  • 3D sensing

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers at the chip and OEM levels. By leveraging the Group’s intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield, and unit economics.

IQE is headquartered in Cardiff UK, with c. 670 employees across nine manufacturing locations in the UK, US, Taiwan, and Singapore, and is listed on the AIM Stock Exchange in London.

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Talent4Boards Team