I think there’s a lot of opportunity there for us. Relative to our ability to kind of pivot for where we need to go, I think we’re going to keep driving mass capacity for sure. We are working a little bit on performance in our tiers, and then Flash, I’m going to say, I usually don’t opine on this very much, but I don’t have very much bad to say about Flash. I think it’s a great technology. I think it’s going to be critical for Flash to execute in their layers to enable their application. Some of those applications may have nothing to do with mass capacity, but this idea of mass capacity being in conflict with Flash, I don’t think is right. I don’t think that’s the way architects think about it in data centers. I don’t think that’s — that economically it makes sense.
And even when you get into things like power and space, I think hard drives are going to stay very, very competitive on the workloads that they that they offer. So, my — from my perspective, look the new application space is exploding is a good, good thing and it should benefit a lot of hardware providers over time. We’ve all been through a pretty rough patch of late and we’ve got to make sure that we watch our supply into it because we can’t tolerate another dramatic downturn like we just saw. So we’ve got to be very careful.
Toshiya Hari: Thank you.
Operator: The next question is from Thomas O’Malley with Barclays. Please go ahead.
Thomas O’Malley: Hey, guys. Thanks for taking my question. I just want to understand the ramp with your largest customer in HAMR. You talked about this subcomponent and you were replacing that subcomponent, is that — you’re saying multiple vendors are getting qualified at the same time, so if you look at what a step back traditionally takes in terms of having a customer qualify a product, is that several weeks? Is that several months? I guess, what gives you the confidence that with this effect that you’ll be able to not only qualify but then ship these drives within the quarter? Thank you.
Dave Mosley: Yeah, so Tom, we already said that there’s multiple sources for this, and so we segregate the parts that were affected and then we push the other ones on their merry way. We’ve already repopulated those test beds that are running well, so that’s why we have confidence.
Thomas O’Malley: Okay. So in the future, you will just not use that supplier anymore or you would just rely more heavily on the others?
Dave Mosley: No, no, no, I wouldn’t say it like that. I mean, we’ll go work with everybody. Everybody has got a tough challenge. They have issues and we’ll go work with them, yeah.
Thomas O’Malley: Helpful. Thank you.
Dave Mosley: Thanks.
Operator: This concludes our question-and-answer session. I would like to turn the conference back over to management for any closing remarks.
Dave Mosley: Thanks, Gary. As you heard today, Seagate is well-positioned to drive improved financial performance in a recovering demand environment through ongoing operating discipline, keen focus on supply-demand balance, which is a big deal, and ramping our latest CMR, SMR, and HAMR-based products. I’m confident in our product strategy. I think it’s serving us well, and in our HAMR technology, which positions Seagate well to capitalize on long-term demand for cost-effective mass capacity storage. I’d just close by thanking our stakeholders for their ongoing support. Thanks for joining us today, and we look forward to speaking with you during the quarter.
Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.
