Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from line of Steve Ferranti of Stephens Inc.
Steve Ferranti - Stephens Incorporated
I was wondering if you might be able to provide some additional commentary around the handset customer that you think could making some inventory adjustments in the December quarter. Did you see any impact to that in the December quarter? Then, any idea that you can give us in terms of air interface, where that might take place? Then, any quantifications in terms of how much impact that might have?
Ralph Quinsey
As I mentioned in the prepared comments, we see adjustments for inventory on a regular basis. I don’t see Q4 being out of character in total from a typical quarter. We do see one customer that is taking action to reduce inventory. That is I think significant. It’s a customer in Korea and I don’t see it as being a significant enough headwind to slow our growth in handset revenue. I still feel it will grow nicely.
So by and large, I don’t believe that it’s a major contributor going forward.
Steve Ferranti - Stephens Incorporated
Ralph, were they concentrated in one particular interface with you or is it sort of widespread?
Ralph Quinsey
It’s across the board.
Steve Ferranti - Stephens Incorporated
Just looking at the WCDMA and EDGE segment, just given the really strong I guess anecdotes we’ve had thus far in terms of Smartphone growth and I don’t know if you’ve seen the stock in the after market, but it’s off in the after market. I’m wondering if you could give us a sense of what you’re seeing in the WCDMA market.
Ralph Quinsey
I can’t speak to expectations, but I can say that I’m still very confident that there is an expansion of opportunity going around Smartphones and looking at at least year-to-date the TriQuint handset business, we’ve done quite well. We’re up approximately 30% and a big part of that growth is in the wideband CDMA area.
So I think the story is still exciting about growth in Smartphones. We had just a terrific bounce back from the downturn, much better than the industry. As I mentioned, we’re up 28% in the last six months as compared to previous six months.
I think when you step back and look at the overall market, I believe it’s still quite strong for Smartphones and when you look at TriQuint’s performance in that market, clearly growing faster than the market.
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