Operator: Next question is coming from Christopher Rolland from Susquehanna. Your line is now live.
Christopher Rolland: Hey guys. Thanks for the question. I was wondering, I don’t think you guys have given this before, but I have a feeling it’s growing a little bit more. I was wondering about auto as a percentage of total in INA now. You mentioned ADAS but would love to know what’s driving that? Or is it really just purely industrial automation? And then also, sometimes you guys kind of force rank the segments. I’d love a little bit of color there, too.
Jim Anderson: Yes. Thanks, Chris. So on automotive, yes, we’re very pleased with the continued progress on automotive electronics. And it’s a combination of ADAS and infotainment applications, many different places where a power efficient, flexible, adaptable chip like we provide can be used in automotive electronics applications, both for EV applications, but also for the increasing electronic content that’s growing even within gas-powered cars, right? So we’re pleased with the growth that we’ve seen in the most recent full year automotive and industrial overall grew very strong. I think it was about 41% year-over-year, but our automotive business actually grew well above that. And in the most recent quarter, Q1, we again saw very strong growth in automotive.
And so we see this as a really good growth area for the company; very kind of compelling and exciting design win pipeline that we have ahead of us. And so we feel good about that growth. And now that said, it is still the smaller portion of that segment, but we’re pleased with the growth of it. But we are seeing strong growth in industrial automation robotics applications as well. Although over the past quarters, automotive has been growing a bit faster. We’re still quite pleased with the growth we’re seeing throughout the industrial segment in many different applications, especially when it relates to automation and robotics.
Christopher Rolland: Great, yes. And if you could — if you can kind of force rank the segments and give us an idea of where you think we may have more or less strength in the next quarter?
Jim Anderson: Well, in terms of next quarter, if you look at Q2, I would expect on a sequential basis, certainly, if you take the midpoint of our guide for Q2, we’ve guided up sequentially. I would expect the sequential growth in industrial and automotive. I would expect comms and computing to be sequentially flat, but overall, the revenue to be sequentially up based on the midpoint.
Christopher Rolland: Very helpful. And then just lastly, comms, wireless and wireline, kind of what’s going on there? Are there any highly significant drivers coming up here in your opinion?
Jim Anderson: In Q1, we did see a bit of sequential weakness in wireless infrastructure, which I think is pretty consistent with what the industry has seen. So part of that sequential drop that we saw in comms and compute, primarily server, but a little bit of it being wireless infrastructure as well. Moving forward, we still see wireless infrastructure as a great long-term growth area for the company, especially given the greater amount of content that we have in 5G base stations and other equipment related to comm infrastructure. The other area of growth that we’ve talked about more recently that we’re excited about is data center networking. We continue to see good growth there and a very healthy design win pipeline there as well. And again, all of this, we’ll touch on in more detail at our Investor Day in a couple of weeks from now.
Christopher Rolland: Thanks so much. Really appreciate, Jim.
