We see now that we were too pessimistic.

The times are past when DRAM chips were mainly built for the PC market. Nevertheless, the demand for memory chips has not decreased.

At present, no further carve-outs.

We have to be better in Japan. We're not strong enough there.

We need to perform better in Japan, we are not strong enough there.

Our newest development center reflects the increasing demand for intelligent power semiconductors for automotive and industrial applications, and here we are developing security controllers for chip cards, particularly for the areas of mobile communication, banking and identification.