Synaptics Incorporated

taking the questions so the first thing I want to ask you guys about is the guidance for your IOT is very impressive for next quarter it seems like you guys are well underway with design wings and long-term plans with your portfolio diversification but looking forward do you anticipate IOT to continue to be a larger portion of revenue larger than mobile going forward and beyond this guidance yeah Jameson good question so we

rolled out earlier this year a vision of actually driving our IoT business to the largest component of our revenue contribution going forward. This is the first quarter that we've gotten there that IoT has actually exceeded our prior mobile position. And we are going to continue to focus on IoT. That's where we think we have the greatest growth potential. It's where we can garner the most gross margin and profit potential going forward. So in short order, yes, we do see IoT continue to be the larger portion of our revenue going forward.

Perfect. And then in follow-up, just looking at your guidance for mobile of around $120 million, this would imply that mobile is going to be down year over year, I think, even excluding TDDi. So I'm just curious on why it's down sequentially. When seasonally it's tended to be up, is this mostly due to the TDDI divestiture? And if so, how should we think about mobile seasonality going forward as well as the longer-term trends?