(Reuters) – British semiconductor wafer maker IQE swung to a profit in the first half on Tuesday, supported by a combination of revenue expansion and cost-control measures.
The Cardiff-headquartered company reported a core profit of 6.6 million pounds ($8.63 million) for the six-month period ended June 30, versus a core loss of 5.7 million pounds in the previous year.
($1 = 0.7646 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sherry Jacob-Phillips)
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