Dialog Semiconductor Plc. (DLGNF) CEO Dr. Jalal Bagherli at Q1 2019 Results – Earnings Call TranscriptSeeking Alpha #Gross_MarginMay 16, 2019
To give you a few examples, we have increasing customer engagement from multiple product lines, such as Bluetooth low energy and power management.
Revenue from new audio products more than doubled year-on-year albeit from a low base as consumer demand for a better audio experience requires more complex audio solutions, and market adoption of standard connectivity technologies such as Bluetooth low energy for consumer IoT products continues to increase.
Q2 2019 underlying revenue is expected to be in the range of $293 million to $333 million, including approximately $6 million of ongoing license revenue.
Part of that was because some of the products we are targeting also got production in Q2 — start production in Q2, and we have a higher expectation of revenue in Q2 for also our Connectivity.
I think that the business we have with Apple is — gross margin is in line with what you would expect in the mobile market because of the volume.
So your last question was in terms of new Apple products.
They indicated that a while back the sub-PMICs continue to go to production with the new phones and new other products throughout the year.
And Sandeep, for the first question, maybe I’ll talk a little bit conceptually about how the accounting works.
Just a question on gross margins, Wissam, maybe.
And also on the Bluetooth low energy market, you know target market to grow in the 19% range in the next couple of years.