IQE, the Welsh semiconductor maker whose technology is used in the latest iPhone, has revealed that its chief financial officer has died after a cycling accident.
Phillip Rasmussen, who spent a decade at the company, was on holiday in Menorca when the incident occurred on Easter Sunday, IQE said.
Local reports said Mr Rasmussen was hit by a driver who was arrested on suspicion of drink driving, after allegedly testing over the legal limit for alcohol. The father-of-three, who owned a holiday home on the island, was attended to by paramedics but could not be saved.
IQE makes high-performance materials used in advanced electronics, such as the face-scanning camera in the latest iPhone. Mr Rasmussen...