The other area we’ve been contemplating a different strategy over the last actually two, three years with the CTV our concentrated photovoltaics. So basically a solution based on high efficiency solar cell, we developed that for space power applications combined with the optics to solve and to try to provide the most cost effective solution for a land based solar power applications. As you will probably know that market has been I would say very dynamic in the last couple of years, we feel like try to catch a falling knife, so there’s too much risk, too much exposure and about a month ago we decided to consolidate the entire effort into our joint venture with a Chinese partner and we’ll still maintain a 40% of equity interest and but we would not have any further investment into that area.So after this two major restructuring along with a tremendous effort to recover from the flood impact in Thailand for our contract manufacturers, we now are pretty excited about they are lined up and in the next presentation we’ll be changing our – the business to line up basically right now we have three operating divisions; space, solar, those are broadband, cable TV and telecom optical components.
EMCORE's CEO Presents At 2012 Citi Technology Conference (Transcript)
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