Question-and-Answer Session
Operator
(Operator Instructions) We’ll take our first question today from Edwin Mok, Needham & Company.
Edwin Mok – Needham & Company
I’ve got a question regarding the quarter, I saw that your mature product actually declined sequentially a little bit. Can you maybe break it down and tell me which product sell less in that quarter?
Carl M. Mills
Sequentially, Edwin, we had a slight decrease in our pASIC 3 business actually which was not fully offset by gross in our [inaudible] business.
Edwin Mok – Needham & Company
You mentioned that first quarter you expect that group to be a little bit stronger, can you break it down? Is it a rebound case through your other product expect to have higher sales?
Carl M. Mills
Yeah, we expect slightly higher growth in both mature and end-of-life products.
Edwin Mok – Needham & Company
In the end-of-life products you guys still showed some growth last quarter. How do I visualize that going forward? Do you guys have some kind of guidance of when you expect those to basically complete fade away?
Carl M. Mills
We think they’ll continue to be an important part of our revenue through the first half, but not be significant in Q3 and thereafter.
Edwin Mok – Needham & Company
On your new product, did you recognize any revenue from ArcticLinks? And, how do you guys visualize that new product ranking throughout 08?
Carl M. Mills
We have a smart phone PDA company that’s using ArticLink in a platform from which they want to spin multiple products and that was part of our revenue in Q3 and Q4. So we think that that’s a great example of somebody using a platform design to enable multiple products. We look forward to more designs like that hitting production.
Edwin Mok – Needham & Company
One thing that you guys mentioned, this GPS alternative which sounds like it was a great opportunity for you guys. But it was not reported as a consumer product in your end markets and I was just curious where it was reported? And, are you guys working with that specific company on other platforms as well?
Carl M. Mills
Well, just to let you know we’re going to re-spin our market segments and we’ll have new market segment data in our 10K and you’ll see we’ll break out the consumer piece then, but it’s showing up in instrumentation and test today.
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