Sequential Revenue Growth
Revenue grew by 7% sequentially to $762 million, showing growth across all segments and regions.
Positive Book-to-Bill Ratio
Overall book-to-bill was positive at 1.02, indicating continued demand momentum.
Capacity Expansion Investments
Investments of approximately $775 million over the past 2.5 years to add capacity for high-growth, higher profit products.
Automotive and Industrial Growth
Automotive revenue increased by 4% and Industrial segment revenue increased by 9% from the first quarter.
Geographical Revenue Growth
Revenue grew in each region, with Asia up 12%, the Americas up 7%, and Europe flat.