the near-term swing sits in mobile RF-SOI, of course, and we quantified the bottom - inventories two-point-five million eight-inch equivalents fell to two-point-three in September, around two million in December, we undership two hundred to three hundred thousand wafers a quarter targeting roughly one million by end of twenty-six, RF growth should resume in twenty-seven but we don't know exactly when, an assumption we share with you, step by step, fab loading below normal into fiscal twenty-seven keeps margins pressured, Smart Cut moat holds with exactly one licensee, step by step
← stream@SOI solid