The inventory correction is over, I mean the inventory is top inventory in the channel has stopped decreasing. It's at a fairly low level but it's not coming back so people are not bullish enough or confident enough to start restocking. So I think the message is pretty simple we told already the market that June and July were weak. I think we can confirm it's continuing to be flattish and not particularly recovering.Amit Harchandani - Citi
STMicroelectronics At Citi Technology Conference (Transcript)
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