Question-and-Answer Session
Operator
Thank you, sir. (Operator Instructions). Your first question will come from the line of Daniel Amir with WR Hambrecht, please proceed.
Daniel Amir - WR Hambrecht
Thanks a lot and congratulations on a good quarter.
Nan-Horng Yeh
Thank you, Daniel.
Daniel Amir - WR Hambrecht
Couple of questions here. First of all, as we look at your business here in 2007. Clearly Q1, you're seeing quite a seasonal drop. Could we expect your unit growth to exceed the 20% of the market? And what type of ASPs do you feel that's going to play out here in 2007?
Nan-Horng Yeh
The first quarter of 2007, actually we already experienced a weaker than expected demand. It has primarily resulted in the inventory consumption, in the lower part of the supply chain from the fourth quarter of 2006, as well as stronger than expected NAND price -- NAND Flash price drops, which put our customer in a wait and see attitude at this moment. But we expected the volume of shipments was starting to picking up in the later half of the quarter. So at this moment we are expecting to see the higher drop of the total demands of the markets, comparing to the previous two years in the first quarter's seasonality. But you still see -- in our point of view, 20% to 25% will be the range. And in terms of ASP, we typically don't disclose the detail of the ASPs change to the public. But in general, we expect that in 2007, we are pretty much in line as we expected previously, 20% to 25%. our current products ASPs dropped for the whole year. So we will probably see 5% to 7% typically for the quarter.
Daniel Amir - WR Hambrecht
So basing on that assumption, we really are not experiencing much revenue growth here in 2007. What can you do in your business to really accelerate your revenue growth. I mean what things can go right here and -- which leads also to potential acquisitions as well?
Chung Hsu
Hi Daniel, Hsu Chung. Basically I think, probably relate to the (inaudible) questions right. In fact, shipment rose to about 30% to 35%. Okay. Revenue, our ASP declined about 22% -- maybe 20% to 25%. So, if we can maintain our market position and have new products such as 13 Series and push out, eventually we hopefully we will see ASP improvement in later of 2007.
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