Question-and-Answer Session
Operator
(Operator Instructions). Our first question comes from the line of Sanjay Devgan with Morgan Stanley.
Sanjay Devgan - Morgan Stanley
Art and Syed, thanks so much for the call, and great job on the quarter. Just a couple of questions. I guess first off, I think on the last call you talked about the strength of the design-win pipeline, and I think you are running at about $25 million or something north of $25 million a quarter in terms of design-win dollars. I was wondering if you can tell us in Q3 were you kind of running at that same rate?
Syed Ali
Typically, I mean we've not really talked about absolute numbers in terms of design win dollars per quarter, but if you take a look at it over the past year to two years, that number on a quarterly basis has approximately doubled.
Sanjay Devgan - Morgan Stanley
Then Syed, I guess more kind of a question, as we talk about the multi-core market, I was wondering if you can remind us, as a percentage of your OCTEON processor sales I believe you said that north of 50%, and correct me if I'm wrong, came from multi-core. I was wondering, going forward the trend, how do you see that market evolving for, and when I say multi-core, I mean above four to eight cores, how do you see that market trending?
Can you talk about the competitive landscape? Any comments relating to some of these startups, like Tilera et cetera would be greatly appreciated?
Syed Ali
You are correct in the comment that you made, that more than 50% of our revenues come from four-core and above and actually more than 90% of our revenues in the OCTEON line come from two-core and above. So single-core designs are becoming indeed a rare breed.
We are seeing that even in lower-end applications, which used to use single core and dual core are very quickly moving to four-core and even eight-core devices. In fact, even in control plane applications, which used to be traditionally a single core market, we are getting designs now with four-core, eight-core, and even 12-core products for control plane applications. So, this is indeed a very, very nice trend that will increase the design win rates and attractiveness of Cavium's products.
Regarding the competitive landscape, it pretty much remains the same as it has been. The primary competitors include, Freescale is probably the single biggest competitor across our products, and Intel, NetLogic, RMI are there and then in the lower end obviously you have companies such as Marvell, Broadcom, AMCC, BMCC and alike.
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