We ended our fiscal year with solid performance and exceeded the midpoint of our guidance range for all metrics provided. Specifically, shipments were approximately $727 million for the quarter, up 2% from the March quarter, supported by capacity additions for leading etch Foundry customers and DRAM capacity conversions for the 2x and 3x technology nodes. Although moderating, leading edge NAND capacity additions continue to be a meaningful part of the company shipment profile.Turning to the breakdown by application and market segment for Lam's standalone shipments, applications for sub 4x technology nodes represented 96% of overall system shipments. Foundry shipments accounted for 48% of total system shipments while the Memory segment accounted for 46% total shipments divided between NAND at 18% and DRAM at 28%. Lastly, Logic and other constituted the balance of 6%.
Lam Research Management Discusses Q4 2012 Results - Earnings Call Transcript
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