Hello, everybody, and welcome to Qorvo's fiscal 2020 fourth-quarter earnings conference call. Douglas DeLieto -- Vice President of Investor Relations. You're down a little bit in June, but your December to March gross margin stayed relatively flat within 30 basis points, but there's a material decline here in June. Did you see more, let's say, demand you would expect from Huawei, for example? We continue to advance the technology and work on product demonstration vehicles and so forth. This will drive strength in IDP given our technologies, design capabilities and operational excellence. So we think if there's any sort of silver lining, which it really isn't much of a silver lining, but the good news for our industry, at least, is that phones that don't sell in the first half will come back as more 5G content in the second half, more than likely. So obviously, the mix of 5G is higher. Qorvo is operating under enhanced safety protocols to keep our employees and operations safe, while supporting our customers. But for now, we're seeing, as it continues to mix down through the portfolio, that dollar content adder is remaining pretty consistent. Questions and Answers. Our view on early adoption of 5G is unchanged, and although our overall view of smartphones is for a decline of over 10% in calendar '20, we still expect 5G smartphones this year to be in line to slightly below what we guided in early March. Location, Location, Location: The Road to Ultra-Wideband . We expect mobile to decline sequentially in the June quarter due principally to COVID-19-related demand effects. Non-GAAP gross margin in the June quarter was 48.6%, which was 110 basis points over our guidance due to lower than expected manufacturing costs and favorable mix effects. So overall, really pleased with the growth that we had in the quarter, and I'm looking forward to Q1. Thanks very much. That's gone tremendously well, and it does continue to get better and better. August 2, 2019, 5:24 a.m. So I can't really give comps year over year and all that, I typically don't. What you've seen in the first half of the year, March and June and the kind of the shape of those deployments, if it's the same or has it changed a bit? Motley Fool Transcribing, The Motley Fool. This is Jamison Phillips calling in for Ambrish. We have ample liquidity and low leverage. Prepared Remarks: Operator. Qorvo last posted its quarterly earnings data on November 4th, 2020. In programmable power management, we enjoyed growth in data center, computing and gaming consoles with our differentiated solutions. More. Other expense will increase to over $20 million driven by the full quarter effect of the net interest charge from debt added in June. At this time, I … But we'll see how it plays out. Non-GAAP operating expenses are projected to increase in the June quarter to approximately $187 million on higher personnel costs, including incremental costs associated with the full quarter effect of recently acquired businesses. Excluding the additional week, opex to be closer to $196 million for the quarter and we expect opex to remain below that level for the balance of the year. Qorvo (QRVO) Q4 2020 Earnings Call Transcript fool.com June 24, 2020; Qorvo Q4 2020 Earnings Preview seekingalpha.com May 7, 2020; Semis gain after earnings kickoff seekingalpha.com April 23, 2020; Qorvo (QRVO) Beats Q3 Earnings and Revenue Estimates nasdaq.com January 30, 2020; Qorvo stock surges on earnings beat, outlook marketwatch.com January 29, 2020; A hidden stock tip in Apple earnings … I'm not going to break down each acquisition, each quarter and what it's contributing or not. Nice job on the results and guide in the midst this pandemic. Qorvo, Inc. Common Stock (QRVO) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Yeah. Great, great question. In our connectivity and broadband businesses, we accelerated shipments of WiFi 6 solutions and secured cable amplifier design wins to support increased data to the home. We'll continue the ramp in Wi-Fi 6, defense will also pick up quite a bit again based on some of those long-term supply agreements that we -- that Bob talked about in his earlier comments. We said on our January 29 earnings call that we expected the impact of COVID-19 to extend beyond the March quarter and affect both supply and demand. And so, we are as confident as we ever have been that the technology will continue to proliferate, that we will see big content pickups in the space. Qorvo, Inc. (NASDAQ: QRVO) Q2 2020 Earnings Conference Call. And so where December falls in that is tough to call at this point, but we think it's probably going to be roughly flat for the September quarter adjusted. Robert Bruggeworth -- President and Chief Executive Officer. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. And that concludes today's question-and-answer session. And as we talked about in prepared remarks, we're ramping both GaN and small signal components into that broad set of customers. Let me handle the Huawei one first. Looking broadly at the March quarter, our performance reflects an exceptional effort by the entire Qorvo team. But we've got a great team and field and a great team in product design bringing absolutely state-of-the-art solutions to really a very serious problem that our customers have. Eric, congratulations on the antenna-plexers. Yes, we're continuing to work inventories to keep them in line despite the uncertainty. As a result, we expect year-over-year gross margin expansion in the June quarter despite top line adversely impacted by COVID-19 and trade effects. Turning to our current quarter outlook, we expect revenue between $925 million and $955 million, non-GAAP gross margin of approximately 50% and non-GAAP diluted earnings per share of $1.90 at the midpoint of our guidance. On March 3, we updated our guidance as macro conditions worsened. So you're -- my understanding is your expertise to kind of low power sub-10 watt wanted to get a sense in terms of your road map to high-power, high wattage and what the competitive landscape exist in those markets? Douglas DeLieto — Vice President of Investor Relation. I guess the question is, if you look at their annual report, they have more than 110 days worth of inventory. The shift from away from LDMOS to again base stations, what's been the traction there? Today, we've got products in the base station market that serve both the 8 and 16 watt slot. Qorvo Inc (NASDAQ: QRVO) Q2 2019 Earnings Conference Call Oct. 31, 2018 , 5:00 p.m. During the quarter, we completed two acquisitions: Custom MMIC and Decawave. In U.S. and Europe, we see deployments picking up next year adding to this multi-year investment cycle by the carriers. But we're in a reasonably good position if you compare our inventory levels to historical levels and then also compared to others that we've seen in the space, inventories were up sequentially as we thought they would have been but as I mentioned, the turns are on the better side of OK, historically speaking. QRVO earnings call for the period ending June 30, 2019. And of course, as you know, this is part of the industrial design, so it's not a part of the modem proper, it's done after the fact just getting the phones to market. 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