Jeff Su: Okay, Krish, again, sorry, we could not hear you that clearly online. But I think his question is, correct me if I’m wrong, with revenue outlook that we gave, low to mid-20s growth in U.S. dollar term, what is the outlook for the full year gross margin? Is that what you are asking?
Krish Sankar: That’s right, yes.
Wendell Huang: I just mentioned a couple of puts and takes on the gross margin of this year. And I also said that, the second half, we will have a higher dilution from two factors. But we are not ready to give out a full year guidance on gross margin yet. We will talk about that as time goes by. But let me say this, longer-term, with all the factors together, still 53% or higher is definitely we are very confident that, we will achieve that.
Jeff Su: Sorry, Krish, why don’t you go ahead?
Krish Sankar: Yes. Just a quick follow-up and I just want to say thanks a lot for all support. Just to follow-up, in terms of the revenue growth for this year, December quarter you exited HPC and smartphone, roughly 43% of revenue. What’s going to drive the growth this year? Is HPC or smartphone, which is going to be better this year to get to the low to mid-20%?
Jeff Su: Okay. Krish, Sorry. Again, we could not hear you that clearly, but I think I got the gist just for your question. Maybe the way Krish’s question is what the components that’s driving the revenue growth this year, maybe we can share with him by the four growth platforms?
Wendell Huang: Chris, the HPC will have the highest growth, actually much higher than the corporate. The other three platforms will all grow, although slower than the corporate.
Krish Sankar: Thank you very much. Thank you, C. C. Thank you, Wendell.
Jeff Su: Yes, no problem, Krish. Then we will take the final question from the floor. The first row here. Nicholas Barrett of Macquarie. The microphone is on. You can ask.
Nicholas Barrett: Very quick question. Thank you very much, Jeff. Is it possible or would you expect that some of your Arizona customers could be only customers in Arizona, but some U.S. customers only want to buy wafers made in the U.S.?
Jeff Su: Sorry. Your question is, will customers in Arizona only be U.S. customers?
Nicholas Barrett: Is it possible that some U.S. customers only want U.S. made wafers?
C. C. Wei: Why do we answer that question? Arizona fab’s for everybody. But majority is a U.S. customer, you are right.
Jeff Su: Do you have another question? No? Okay. Well, if not, then this does conclude our Q&A session before we conclude today’s conference. Please be advised that the replay of the conference will be accessible within 30 minutes from now and the transcript will become available 24 hours from now, both of which are going to be available through our website, TSMC’s website at www.tsmc.com. So, thank you again everyone for joining us today. We hope everyone continues to stay well and we hope you will see join us again next quarter. Goodbye and have a great day. Thanks.
