Question-and-Answer Session
Operator
(Operator Instructions). And it appears that we have no questions at this time. Excuse me, we do have a question from William Myers; please go ahead.
William Myers - Computer Aid Inc.
Hi. On the automotive demand, are you getting any feedback about how much of that is due to the Junkers program and how much of that might be ongoing?
Scott Howarth
Good question. Trying to break down the automotive demand right now, we saw a surge in demand, about the same time that the US Clunker program was kicking in, but overall we have seen more of a continued growth.
The China market is clearly showing a lot of automotive growth. There’s been a clunkers program, similar, that’s been in place, in Germany, the UK, as well as Brazil that has been driving a fairly sustained demand in automotive. So as we kind of look across our different geographies, we did see a spike in the US market I think that was related to the Clunkers, but worldwide we are seeing some recovery principally with the other markets.
William Myers - Computer Aid Inc.
Okay. And, could you say anything specifically about demand for wireless memory, memory in the wireless segment?
Scott Howarth
Wireless are you talking more cell phone?
William Myers - Computer Aid Inc.
Anything.
Scott Howarth
So, in the wireless space, we’ll kind of break it down. What we ship principally in the wireless, is the base stations for a lot of the wireless build out that’s been going on. So we have been participating in growth there, with some of our customers both in Europe as well as Asia.
In particular, in China they have been completing the 3G build out, that’s been continuing throughout the year, and we have seen quite a bit of demand growth based on that particular build out in 3G. Overall though, we have seen continued strength in that particular market segment that we’ve been participating in.
On the handset market specifically, that’ not a market that we sell much SRAM or DRAM into. So it’s really not something I can comment on.
William Myers - Computer Aid Inc.
Okay, and one last question, do you expect manufactures of DRAM to ramp backup. I guess what I’m asking is, do you expect the price stabilization or increases to be temporary until there is some ramp up or what situation do you think we’re going to be in 2010 as far as prices, as far as you can tell?
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