The industrial, medical, and military revenue grew 24% sequentially and 12% from the year ago quarter. As expected, revenue from our low margin consumer memory market decreased 11% from the March quarter and decreased 43% from the year ago quarter. As we discussed in our last conference call, we were concerned about the potential impact of the Japan disaster on our business, but fortunately, we were only minimally affected during the June quarter. However, we continue to closely monitor any supply chain disruptions that may have cause constraints on our customers to obtain components from their suppliers where that may results in a general reduction in demand in the Japanese market. We are most concerned about the potential impact to our automotive business as there are more component shortages limiting automotive or some component shortages limiting automotive production.We also believe that many customers are being more conservative in their ordering due to general uncertainty in the global economy as a result we remain cautious regarding this situation as we entered the September quarter, but continue to believe these will likely be short-term to disruptions if any.
Integrated Silicon Solution's CEO Discusses F3Q 2011 Results - Earnings Call Transcript
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