So when we think about the portion of our industrial business that leans hard into solar, hard into clean energy, renewables, that’s beneficial and we — as we think about FY 2024, we think there will be continued benefit there. What was the second part of your question?
Melissa Fairbanks: Just wondering if that’s kind of what’s driving the higher operating margin target for EMS, just a mix up or is there is internal efficiencies or what else?
Mark Mondello: I would say, if you are talking about the OI line year-on-year, boy, it’s one of the best financial metrics we have in the company. I would say it starts with the composition of the team led by Fred McCoy and his whole team. The job they are doing on an execution basis is tremendous. If you think about some of the catalysts for sure, the Inflation Reduction Act overall industrial are strong. Parts of wireless infrastructure and cloud remains strong, and then, again, on the income line, I would say, it’s a combination of just tremendous execution, customer care, and again, our — the overall EMS portfolio, although, we report it in four different sectors, just has an endless number of customers and I think that diversification plays into that as well.
Melissa Fairbanks: Excellent. Thanks very much.
Mark Mondello: You are welcome.
Operator: Thank you. Next question is coming from Paul Chung from JPMorgan. Your line is now live.
Paul Chung: Hi. Thanks for taking my questions. So just on the manufacturing footprint in Mexico and North America, are you seeing some increasing competition from some of the Asia competitors and any resulting price based competition there? And if you could expand on some of the competitive advantages you have here in North America, just seems some favorable growth trends? And then I have a follow-up.
Mark Mondello: We always see competition. I feel without — I don’t really want to get into quantifying it. I just think — we are a U.S. domiciled company and if there was ever a geography that I feel really, really good, again, I think, we compete really well all over the globe. I feel very good about our ability to compete in the Americas. We have always — we have a longstanding track record in how to run, execute and offer great customer care out of Mexico and the U.S. In terms of getting into the competition of who they are it’s the same competition we have all over the globe. If you are inferring that over the next coming years, maybe overall growth rates might be quite good in North America and Mexico. If you are serious on that or your inference on that is correct, we are very, very well positioned both in U.S. and Mexico.
Paul Chung: Got you. Nice home field advantage. And then on connected devices and mobility here, are we kind of seeing a bottom here in guidance revisions and can we start to see maybe rebounding order flow as we head into second half of calendar year? Just your thoughts on those key markets and how kind of margins also evolved? Thank you.
Mark Mondello: You are welcome. For us, mobility — if I think about FY 2022, if I think about our outlook in September and if I think about where it is today, mobility hasn’t changed much, it’s plus or minus $100 million on nearly a $4 billion base. So mobility is kind of turning out about how we thought it would and both on an absolute scale and a relative scale to September in FY 2022 and there’s a lot of puts and takes there. Our overall consumer business, though, is we — it’s weak compared to 2022, it’s weak compared to what we thought in September. Has it bottomed? Not sure. Let’s see what happens. There are so many moving parts. You have seen what has happened this week in the banking industry. We will see what the interaction is both from the government, both from the Fed.
