Question-and-Answer Session
Operator
Thank you, ma'am. Ladies and gentlemen we'll now begin the question and answer session. (Operator Instructions). And our first question comes from the line of CJ Muse with Barclays Capital. Please go ahead.
CJ Muse - Barclays Capital
Yeah good afternoon. Thank you for taking my question. I guess, first question, I was hoping you could discuss your current visibility and perhaps break it down by end market communications, consumer PC et cetera? And then I guess as a follow on to that, what your outlook is today for seasonal trends heading into Q1?
Kenneth Joyce
Our outlook as we feel solid and optimistic as we go into Q4, thus the demand is good as outlined in our guidance. I think as far as end market distribution, it will be much inline with what you're seeing here in the third quarter communications and consumer being the leading end market distribution for us, as we look out into the full year 2010. Once again, we're optimistic as far as seasonal trend in the first quarter historically, that's a seasonally down quarter and we would expect that in the first quarter of 2010.
CJ Muse - Barclays Capital
What is typical seasonality for Q1?
Kenneth Joyce
It's down in the generally in a single digit.
CJ Muse - Barclays Capital
Okay, great. And then last question for me and I'll turn it over. In terms of your gross margin guidance, if I take the mid-point there for both revenues and gross margin you are down about 100 bps, can you help me understand them what's going on there as a conservative; is that a product mix is it ASPs?
Joanne Soloman
It is a combination of factors that brought it down; were definitely getting firm pressure with respect to the Korean Won. We still have the benefit in the third quarter and in some of our subsidies and follows which are going away. And we're starting to see some of the comp packages at a factory level coming in. So I think it's a combination of factors that put the margins under pressure.
CJ Muse - Barclays Capital
Thank you.
Kenneth Joyce
Thank you.
Operator
Thank you. Our next question comes from the line of Satya Kumar with Credit Susie. Please go ahead.
Philip Winslow - Credit Susie
Hi, this is Wins calling in for Satya Kumar. Your CapEx at the beginning of the year, you had it at a 100 million and you bumped it up to about 200 million, most of your PS have also bumped the CapEx. So heading into seasonally slower season for I think is in 1Q what kind of pricing pressure do you anticipate moving the next quarter, next couple of quarters?
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