Question-and-Answer Session
Operator
Thank you. (Operator instructions) Our first question comes from the line of Heidi Poon with Thomas Weisel Partners. Please go ahead.
Heidi Poon – Thomas Weisel Partners
Thanks. Congratulations on a great quarter, guys.
Francis Lee
Thanks, Heidi.
Heidi Poon – Thomas Weisel Partners
Can I just get a little bit more details on agreement with Elantech? It seems like Elantech sort of jumped the gun and made some press release and talked to the press in Taiwan. So I think they are sort of hinting at extended market share in the notebook business. But you just indicated that you don’t expect a material impact on your business. Could you give us a little bit more color on that?
Francis Lee
Sure, Heidi. Like I said in the prepared statement here, we don’t expect the settlement to have a material impact on our business. And we believe that because Synaptics frankly is well positioned to compete in markets around the world based on our leadership as innovator, that infrastructure. And then also there is our very effective cost structures and our global presence. But we are very pleased to put this matter behind us and so that we can return focus to our business. And, furthermore I think it will enhance our ability to compete effectively across multiple markets, including notebook market, a new way to address the gesturing as a way to enhance the user experience. And there’s any comfort, Heidi, I'll tell you, mobile phone is a very good example of Synaptics’ ability to compete effectively. So, Heidi, why I cannot comment on what they have said, and they are not set – you know, I am very pleased this matter is behind us and we feel that has got very little material impact on our business, and we feel very comfortable that will enhance our ability to compete because of the track record that was demonstrated as well as the infrastructure that we have put in place.
Heidi Poon – Thomas Weisel Partners
Great. Since the original lawsuit with Elantech was about multi-touch, what does it do for the multi-touch design activity going forward?
Francis Lee
Well, I mean, the elements of this patent here is, there is a broad cross-license in all fields of use in certain patents. Like I said, I think it will enhance our ability to compete in that space.
Heidi Poon – Thomas Weisel Partners
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