Tim Savageaux: Well, I guess as we’ve moved forward a few months here into the end of the year, would you add or subtract any varies at this point? Or can you give us your current assessment of where Fabrinet is in terms of the ramp and how that opportunity is looking relative to what you were seeing previously?
Seamus Grady: I think we’re still very optimistic about, you can insert or remove as many varies as you like there, Tim. We’re still very, very optimistic about the market in general, I would say. The interconnect, the optical interconnect opportunity for artificial intelligence applications and really our position within that. We’re building the products for the leader in the industry. It’s their own design, their own product. And I know they have other choices but for now at least we believe they’re quite committed to sourcing from us. We’re still ramping, we continue to ramp up both the existing. Let’s say existing programs plural and there’s additional business that we’re looking at and getting qualified on this as we’re maniacally focused on executing the business that we’ve already won, but then I’m making sure we win the next generation programs the new products, so we’re working very, very hard on both of those same both on executing.
I think we’ve done a very good job there, may be a very, very good job executing and we’re also making sure we — when the next generation products and then execute very well on those, it’s the best way to stay ahead of the competition is just work like crazy to delight the customer and make sure we do a great job and win the next generation products, so that’s really our focus and we’re we see a lot of kind of runway ahead of us and we think it’s a really good opportunity for us.
Tim Savageaux: Great. I appreciate that and just a follow-up I know it is VR I think you’ve gotten within shouting distance of 10% of revenue for you guys before the latest inventory correction and I think it’s a great opportunity for us given that you’ve called it out it’s kind of the source of unexpected growth in the quarter maybe you can give us an update on kind of where that stands in terms of materiality of the overall business or the telecom or however you want to talk about it and I just got one more quick follow up after that?
Seamus Grady: Yes, I think ZR — 400 ZR is very strong for us. We haven’t broken it out yet in the separate category but it is quite strong for us and continues to grow, it doesn’t necessarily grow in a straight line, so there’ll be maybe still a little bit of stops and starts with 400 ZR, but we’re just very happy to be participating in it and it was a source of really most of that offset between the — what we would have expected last quarter that kind of down 12% to 15% the difference between that and where we ended up was primarily uh 400 ZR for DCI applications. So, we still think it’s early days, we have a number of customers and a number of programs there and we can we continue to ramp those and they’re not all at the same stage, some are ahead, some are just getting qualified, but we still think 400 ZR is a good has good runway left for us.
Tim Savageaux: Well, and this wasn’t going to be my question but now that you mention it well should we look at this sort of ZR thing is it kind of a blip that’s coming in and coming back down here you’re seeing weakness elsewhere across telecom as you look forward into your December quarter guide and continued growth in ZR?
Seamus Grady: Yes, I think we have, as I said earlier, we still see continued weakness in telecom generally. I think we’re not for 400 ZR. There will be even more weakness and that’s really in the traditional telecom products we see continued softness in the December quarter and I’m really out to the mid — probably out into the middle of next year and we think it will start to level out.
