“these three markets, I think they are on the upturn. And I don't think that I expect at least that if nothing major changes to continue into 2025.”

In context

“last call, lead times are short, customers are coming real time for demand, and our turn business or what we call aging is running high right now simply because customers are always waiting for the last second before they make the order and we fulfill it because we do have the right level of inventory, and of course, capacity to support further growth. I will say that I think that some of the markets and we've seen it through 2024, they are already on the cyclical upturn. We saw it in PE, then enterprise, really driven by data center joint and we are seeing nice growth over there. And even communication business, I would say that I think it found the bottom. We saw it somewhere in, I think, in Q1 of '24 and grew sequentially since then and even returned to year-over-year growth in Q4. So, these three markets, I think they are on the upturn. And I don't think that I expect at least that if nothing major changes to continue into 2025. The big question for us is also 75% of our business or 70% of our business in 2024 is industrial and automotive. And here, we haven't seen the bottom yet. Let's be very clear about that. We're seeing points of strength. I've given China as an example, but we'll have to see how the year play out. I do believe that this on the industrial side that there is kind of -- as I said last time, kind of this hovering at a low level. It's a great position to grow from, but we'll just have to wait and see when it wants to do it, Chris. And of course, when we see it, we'll say it. Dave Pahl: Any following, Chris? Chris Danely: Sure. Just quickly on Embedded. So, it looks like you guys have the lowest margins there in, I think, over a decade or something like that. Does something need to be changed or”