Good day, ladies and gentlemen, and welcome to the Alpha and Omega Semiconductor fiscal first quarter earnings call. At this time, participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions). As a reminder, this call is being recorded. Now, I would like to introduce your host for today’s conference, So-Yeon Jeong. You may begin.

Thank you. Good afternoon, everyone, and welcome to the Alpha and Omega Semiconductor first fiscal quarter of 2014 conference call. This is So-Yeon Jeong, Investor Relations Representative for the company. I am joined by Dr. Mike Chang, the Chairman and Chief Executive Officer and Mary Dotz, the Chief Financial Officer & Corporate Secretary of the company. This call is being recorded and broadcasted live over the web and can be accessed for seven days following the call via a link in the Investor Relations section of our website at www.aosmd.com. The earnings release was distributed by Globe Newswire today, October 30, 2013 after the market closed. The release is also posted on the company's website. Our earnings release and desk presentation includes certain non-GAAP financial measures. We use non-GAAP measures because we believe they provide useful formation about our operating performance that should be considered by investors in conjunction with the GAAP measures that we provide. A reconciliation of these non-GAAP measures to comparable GAAP measures is included in our earnings release. We would like to remind you that during the course of this conference call, we will make forward-looking statements including discussions of business outlook and financial projections. These forward-looking statements are based on management’s current expectations and involve risks and uncertainties that could cause our actual results to differ materially from such expectations. For more detailed description of these risks and uncertainties, please refer to our recent and subsequent filings with the SEC. We assume no obligation to update the information provided in today’s call. AOS 2014 fiscal year end is as of June 30, 2014. Now, let's hear from Mary who will provide an overview of the first fiscal quarter 2014 financial results. Mary?

Thanks, So-Yeon. Good afternoon and thank you for joining us today. AOS revenue for the September 2013 quarter was $84.1 million, an increase of approximately 8.9% from the prior quarter and a decrease of about 12.2% from the same quarter last year. Our MOSFET revenue was $65.1 million, up 7.7% sequentially. Power IC revenue was $13.6 million, up 3.7% from the prior quarter. Our service revenue was $5.4 million as compared to $3.6 million for the prior quarter. The increase in our product revenue quarter-over-quarter reflected our new product design wins, seasonal growth in computing and consumer and growth in power supply. Our GAAP gross margin was 20.4% for the September 2013 quarter, as compared to 17.1% for the prior quarter and 26.7% for the same quarter last year. The sequential improvement in gross margin was primarily due to the higher factory loading and lower manufacturing cost. GAAP operating expenses were relatively flat at $15.8 million in the September quarter, as compared to $16.1 million for the prior quarter and $15.7 million for the same quarter last year. Income tax expense was $1 million for the quarter, as compared to $1.1 million for the prior quarter reflecting our relatively fixed rate tax structure. GAAP net income for the quarter was approximately $300,000 or $0.01 per share, as compared to a GAAP net loss of $0.16 per share for the prior quarter. GAAP net income in the September quarter included stock compensation expense of a $196,000 in cost of goods sold, $295,000 in R&D and $718,000 in SG&A. Depreciation and amortization expenses were $7 million for the quarter. The non-GAAP net income for the September 2013 quarter was $0.06, as compared to an $0.11 net loss for the prior quarter. Our balance sheet remains strong. We completed the September quarter with…

Thank you, Mary. Welcome everyone to AOS earning call today. I am pleased to report our revenue grew by almost 9% quarter-over-quarter for our first quarter of fiscal 2014. Let me give you some recent business highlights and the market segment overview. During first three quarter of calendar 2013, our design wins were up over 25% compared to the same period last year. This increase is primarily in our new medium voltage and high voltage products that demonstrate the positive progress toward our market diversification. The computing business represents 45% of revenue in fiscal Q1 and it remains our core business while we continue our diversification effort into other areas. We are currently recovering our market share with our major OEM customer and expect this ongoing effort to remain on a positive territory over the coming quarters. Additionally we have recently upgraded our vendor position at one of the computing market leaders and have design win and start shipping products to them. Our new position will open the door for further business expansion in the year 2014 and beyond. We’re also being building tractions with all power IC products, which are starting to ramp in next generation [Hathwell] platform design. We are winning DC-DC regulator, smaller switch and (inaudible) socket in new auto book, OEM PC and the high performance graphic cards. AOS power IC in this applications provide a small size and high efficiency solution that will leverage our core strength of silicon technology, IC design knowhow and advanced packaging capabilities. The consumer business was slightly up sequentially represented 21% of revenue. We continue to enjoy a preferred position as a market leader in the TV market and have secured our position for next year’s TV stock with our new [Easy Top] solution that offers high [10 by] efficiency…

Thanks, Mike. And now for the guidance for the next quarter. Our revenue is expected to be $77 million, plus or minus $2 million. Our GAAP gross margin is expected to be approximately 18%, plus or minus 1%. GAAP operating expenses are expected to be approximately $15 million, plus or minus $1 million. Tax expense should be about $1 million to $1.3 million. Our share-based compensation should range from $1 million to $1.2 million. And as usual, we are not assuming any obligation to update this information. And with that, we will open up the floor for questioning. Operator?

(Operator Instructions). Okay. I'm not showing any questions at this time. I would now like to turn the call back to management for any further remarks.

Thank you. This ends the call today. Thank you very much for your interest in Alpha and Omega Semiconductor. The company looks forward to talking you again about our results next quarter.

Ladies and gentlemen, thank you for participating in today's conference. This concludes today's program. You may all disconnect. Everyone have a great day.