Image sensor, constraints. So we do have technologies across the company that remain constrained. So any opportunity we have where we were able to gain efficiency in our manufacturing footprint or convert from nonstrategic or non-core to core technology in our fab. We actually will either proactively, go and talk to our customers that we know we’re not supporting 100% or they come to us with some mix. Some of it is, again, our sockets that we want to get to 100%. And lately, it’s been where others cannot support and customers have come to us and those were — have been share gains. So we’re able to solidify those in an LTSA to sustain five to sometimes seven years length. So it’s still — the environment is positive as far as the LTSAs because it’s more on a long term.
It’s not anything about what we can do in ’23.
Rajvindra Gill : Appreciate that color. Just one follow-up in terms of the overall pricing environment. I know as part of your strategy, you talked about reducing the price to value discrepancy you after obviously have prices kind of locked in regarding the LTSAs. How do you think about the pricing environment, overall blended pricing this year as you see the benefits of those strategies, but then kind of offset by maybe the nonstrategic? So just kind of maybe talk — walk me through the puts and takes on the pricing environment this year.
Hassane El-Khoury : Look, I think we expect the pricing environment to be stable this year. Our approach to pricing has been strategic where you mentioned, we’re looking at price to value discrepancy we’ve done a lot of that. So that’s all behind us. Right now, it’s really focusing on supporting our customers with supply. So we don’t see any, call it, pricing that we do. Obviously, we’re always sensitive to costs, and we keep an eye up on cost. So if we do get cost increases that are not part of already our LTSA or cost increases that are new that we haven’t gotten yet from some of the vendors, we are — of course, we’ll pass those on. But as far as the pricing environment, net of that, we do see it as stable.
Operator: This does conclude the question-and-answer session for today’s conference. I’d now like to turn the call back over to Hassane El-Khoury, President and CEO, for any closing remarks.
Hassane El-Khoury : Thank you again for joining our call, and thank you for the thousands of onsemi employees who have had a direct impact on our exceptional results. As we enter this new year, amid a dynamic macro environment, I’m confident that we will maintain our momentum and navigate this market better than we ever have as a company. Thank you.
Operator: This concludes today’s conclude call. Thank you for your participation. You may now disconnect. Everyone, have a wonderful day.
