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

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

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.

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.

We already hired about 70 engineers. Our mid-term plan is to have a research center with more than 250 engineers. Based on the market growth forecasts in Romania we are confident in expanding our business here. The presence of our new R&D center in Bucharest will support strengthening our image in the country and support our business.