Frank Lee

“First one from me, in terms of visibility, when did things really start to get cloudy in the quarter? Just given the guidance for Q2, came in a little bit below that.”

“Christian, I think in this year, the Chinese New Year, fall into second middle of February. So most customers, especially the Fairbiz Design House customers, they are taking the long holidays.”

“In the mainstream market, we are referring to many of our mainstream business in China. As most people are aware that in China, due to the geopolitical issue, they do have some met in China policy, so there are quite a few new local mass houses in China.”

“For this high-end technology, Very often, we are working with our customers, most of them have their own captive master. So it's customer-oriented and depends on the customer demand, and I think our investment will be combined with the customer captive outsourcing future demand.”

“We achieved second quarter sales of $211 million, which was in the middle of our guidance range. Non-GAAP diluted EPS was $0.40. We took advantage of financial market opportunities during the quarter by spending $72 million to repurchase 3.6 million shares, which should drive greater earnings leverage in the future.”