Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from the line of Tayyib Shah of Longbow Research. Go ahead.
Tayyib Shah – Longbow Research
Hi guys. There has been a new competitor out of Korea that has been taking share in the Chinese markets – in the past whenever we’ve discussed new competitors in the market, you have argued that it would be pretty difficult for a relative newcomer who doesn’t have a history of producing CMOS sensors to take significant share – I just wanted to ask what changed in the market that allowed a newcomer to take share and maybe pressurize the pricing as well.
Ray Cisneros
I don’t think there’s much change in terms of competition. We’ve seen a lot of competition in the course of the 12 years that we’ve been in business. On the other hand, what we mentioned today is the release in mass production of our new VGA – this is our original plan – to combat always the competition with new products. I agree that there is a flurry of influx in terms of Korean competitors coming in for the China market – on the other hand is our weapon which is unlike what they have is to release the next generation product – I don’t think they’ll be able to hit the type of pixel technologies that we will come in with even at the VGA level.
Tayyib Shah – Longbow Research
Okay, and then, your revenue momentum seems very closely tied to VGA – what needs to happen to get your 2-megapixel market share to a significantly higher level?
Ray Cisneros
I think overall we’re giving you pretty good comments on our position for higher resolution products. I could say this in addition to the 3 megapixel we also have new 2-megapixel design sockets won in the course of this past quarter that should be ramping up – in fact are ramping up – very significantly in this quarter and then taking off pretty good into the quarter thereafter. The mix, as you heard today, is shifting towards the higher resolution mix; granted that some of it was driven by the competition in the VGA market, but we do see a shift overall going to higher resolutions.
Operator
Your next question comes from the line of Adam Benjamin of Jefferies & Co. Go ahead.
Richard Price – Jefferies & Co.
Hi. This is Richard Price covering for Adam – can you talk about your OmniPixel3-VGA Solution and how you see that ramp throughout the rest of the year?
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