Question-and-Answer Session
Operator
(Operator’s instruction) Then our first question comes from the line of Vernon Essi from Needham & Company. Please go ahead.
Vernon Essi – Needham & Company
Thank you. I just wanted to get a little more color if we could on the display ramp. It looks to me like the display controller products obviously going to have an aggressive ramp into the next two quarters given the guidance to sort of outlining here and the revenue that you just recorded and I am trying now to reconcile that Bob and I am asking this sort of a strange question here but you have only booked I think $0.5 million sort of shift the $0.5 million to that in September with the June quarter and it looks like you have got about at least $5 million more in the next three quarters to make that ramp. Am I interpreting that correctly?
Robert Dickinson
Yes, you are interpreting that exactly and correctly. As I said, we are expecting very strong growth sequentially for display controller revenue in the Q2 and I would say it is going to be two to three X sequentially.
Vernon Essi – Needham & Company
Okay, I appreciate that. I just want to make sure though I understand you said two to three X, I mean I think of this being a product that as probably going to have a strong I would imagine the September quarter would be the strongest calendar quarter for that product so I am still trying to understand how this is going to make that revenue target.
Robert Dickinson
I understand your point. The thing, certainly there is going to be some seasonal component to this but the thing that is really driving that growth is that it is designed into multiple platform and as we go to the year, more and more of them are starting to shift. So, it is really getting the parts on more phones than are in production quarter by quarter that is driving the growth, not just the seasonality. In fact, seasonality is probably a second order effect here.
Vernon Essi – Needham & Company
Okay.
Robert Dickinson
Does that make sense?
Vernon Essi – Needham & Company
Yes, it does. That helps. In terms of just going for more one thing, we did not talk about on the guidance is the taxes; we assumed still sort of modeling a very, very low tax rate. I think that was something you used to disclose but not on these slides.
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