UPDATE 1-IQE sees H1 at least in line with market view

* Sees signs of growth returning in a number of its markets

* Says positive about second half

* Sees H1 revenue of about 20 mln stg, EBITDA 1.2 mln stg

* Shares indicated up 6 pct (Adds details)

July 15 (Reuters) - British technology group IQE Plc (IQE.L) forecast its first half to be at least in line with the market view and the second half to remain positive as it sees signs of growth returning to a number of its high-end markets.

"As anticipated in the March trading outlook, it is the smartphone products that have been amongst the first to resume growth amongst our customer base," Chief Executive Drew Nelson said in a statement.

For the first half ended June 30, IQE expects revenue of about 20 million pounds ($32.7 million) and earnings before interest, tax, depreciation and amortisation of at least 1.2 million pounds, as orders picked up sharply in May and June.

The company -- whose semiconductor wafer products are used in mobile handsets, Wi-Fi, WiMAX, DVDs, laser printers and photocopiers -- said it expected its net debt to decrease in the second half.

The company's shares, which have gained 35 percent in the last three months, were indicated up 6 percent at 9.1 pence by 0652 GMT. They closed at 8.6 pence on Tuesday on the London Stock Exchange.

($1=.6126 Pound) (Reporting by Purwa Naveen Raman in Bangalore; Editing by Anne Pallivathuckal)