05-02-2017, 08:40 AM
This should put some minds at ease:
Looking at China optical communications revenue, we are now modeling a decline of 15% q/q (down $9 million from $59 million) in the March quarter and a decline of 30% q/q (down $15 million) in the June quarter as inventory corrects in response to delayed tender releases. We continue to expect a ramp in the September and December quarters, modeling a sequential increase of 14% and 13% respectively in Chinese optical communications revenue.