We think this will be a disruptive technology, but will enable a whole new world of opportunities in the mobile market.

Trusted flash has to be flexible in its architecture. We support any DRM, or combination thereof, whether open or proprietary.

The semiconductor industry will, we believe, experience period capacity shortages for these leading-edge production wafers. As some of the end markets for our products begin a steep growth phase, we will need every wafer we can get.

We are optimistic about our business outlook and our competitiveness in 2006 and expect this to be a year of continuing strong growth in demand in our target markets as well as a competitive landscape that is characteristic of rapidly growing consumer mass–markets.

We expect this significant acceleration in production output will further reduce our costs and provide substantial new captive capacity to meet the anticipated growth in demand from new markets such as mobile phones and MP3 players, and enable us to better address geographies where we believe we have attractive opportunities to expand our market presence.