Kishore Seendripu: So firstly, the cutover from 6 to 6E has really not happened. 6E is an interim standard between what the market really wants on the Wi-Fi 7 versus Wi-Fi 6. And the difference beating 6E is going to enhance throughput. And so I don’t think there’s going to be a cutover from 6 to 6E, whatever 6E has been designed in, it stays in place and 6 will continue until Wi-Fi 7 takes over. I think Wi-Fi 7 is one of the biggest, broadest adoption and most rapid adoption of any Wi-Fi standard in recent history. So if I were to go by the rate at which the Wi-Fi Alliance, for example, is going through to their interop test and the rapidity at which they will pick the Wi-Fi Alliance interoperability test bed platforms, they’ll pick four or five of those.
And based on the speed at which is going on, Wi-Fi 7 will be really ready to go by the end of the year. But the adoption itself in the nonconsumer markets, I expect to happen in 2024. So really, it’s a latter half of 2024 cutover process starting from 6 and 6E to Wi-Fi 7. I hope that answers your question.
Suji Desilva: And then just more broadly, I mean, you talked about inventory a lot. I’m just wondering if it’s happening, the platforms that were going to be upgrades that we’re planning to be rolled out, are being pushed out just so older platforms can digest this inventory, is that happening as well as the inventory deduction or is it just that your parts are being ordered because they’re trying to work down what they have?
Kishore Seendripu: In the markets we are in these platform changes don’t happen frequently or the cycle is pretty long. So the inventory digestion or burn is well within the timing dose of these planning cycles. So I don’t think there’s any changes happening on new platform development plans by service providers and carriers. Having said that, I do believe in some form even our customers are going through their OpEx discipline process. So I will not be surprised if it’s a slower rollout than originally anticipated. But at this moment, I think operators is more invested in not backing off on the CapEx for the infrastructure investments, for example, on the DOCSIS side, preparation on the network itself to upgrade the network to be able to support DOCSIS 4.0. And also you’re seeing fiber networks upgrading from older PON to newer 2.5 gigabit and 10-gigabit PON networks.
So I think that the focus of the operators and the carriers is right now upgrading the network infrastructure and that’s going on quite robustly. So in short, we do not see any impact of this inventory accumulation in the channel pushing out launches of new product platforms.
Operator: There are no more questions in the queue. I’d like to hand the call back to Kishore Seendripu for closing remarks.
Kishore Seendripu: Well, thank you, operator. This quarter, we will be participating at the Stifel Cross Sector Insight Conference in Boston on June 6th, that’s the next conference will be participating in. So with that said, I want to thank you all for joining us today and we look forward to reporting on our progress to you next quarter. Thank you very much.
Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.
