Question-and-Answer Session
Operator
(Operator Instructions). Your first question comes from the line of Suresh Balaraman with ThinkEquity Partners. Please proceed.
Suresh Balaraman - ThinkEquity Partners
Thank you, guys. When I look at your history of fiscal Q4, except for maybe September ?02, you never had a down quarter in September. Is there any reason for this to be different this year?
Bill Noglows
Sure, Suresh, you are correct. I think our fourth fiscal quarter has historically been our strongest quarter in the fiscal year. As we look out into the world, it is an uncertain world that we live in today, particularly if you are sitting in the United States of America with the amount of negative news that we see and hear everyday. When you travel outside this country you are not exposed to that same kind of negativity. And you see the excitement and growth in places like Singapore and China and some of the places that we travel to Taiwan.
It’s very difficult to us to predict what the fourth quarter will be. We follow all the same statistics you follow. I think the most recent data we have has came out of Semi last week at SEMICON West where they predicted that semiconductor equipment market would be down more than 20%. However they also predicted that the materials market would be up by 8%.
So, I guess our view is that as long as worldwide consumer demand for electronics and electronic systems continues at the current pace, we feel pretty good about where we are. As Bill said in his comments about the first three weeks of July, it looks a lot like the quarter we just finished, but he cautioned as he always does that it’s only a small window and we can’t see any further than that, so.
Suresh Balaraman - ThinkEquity Partners
And also among the dozen plus customers, who are using your pad processors, I’m curious how many of them would be using it for full fab or almost a full fabs, something like more than 20,000 wafer starts a month. And I am also wondering the way this business is growing, could it be like a 10% of your mix next year?
Bill Johnson
If you look at the 13 customers that we’re selling pads to, this represents 19 different applications. So, direct to answer your question, are any of our customers using just our pads through an entire fab, typically not. They would be using us for a particular application, particular technology notes. We have sort of a partial penetration at 13 customers so far. And we are hoping that those will ramp to higher volume and additional applications over time.
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