New iPhone could spell huge returns for Welsh tech wizards –

A little-known Welsh manufacturer is tipped to be at the centre of the next iPhone’s breakthrough 3D-tracking technology.

IQE, based in Cardiff, makes the special materials that are found in laser ­diodes, which are widely expected to feature in the new Apple handset.

The technology will allow the new iPhone 8, expected to be unveiled next month, to instantly scan its environment to create virtual 3D models of the world around it. The feature is likely to be one of its big selling points, allowing owners to unlock their phone using ­facial recognition.

IQE, which is listed on London’s junior Aim market, has seen its share price treble this year amid growing speculation that a number of new contracts it has signed relate to the iPhone.

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