Automotive Continues to Grow
Our Automotive business continues to be strong, driven by our power management, USB charging, and serial link products. We remain well positioned for continued growth as high-tech features such as dashboard touch screens, device charging, and driver-assist cameras become more and more prevalent in mainstream cars. Our efforts to improve our quality are showing promise too. In April, our automotive customer returns dropped to an all-time low of 1 part-per-million (ppm). Congratulations to the Quality, Manufacturing, Test and Design teams for making this happen.
There’s still more we must do to reach the 0.5ppm customers expect. With persistent focus we will meet this target and continue to grow our business in automotive.