FEI Company (NASDAQ:FEIC) Q4 2015 Earnings Conference Call - Final Transcript
Feb 02, 2016 • 05:00 pm ET
going to go to that level. I think that's not how we track internally. So I know the market likes to track it that way, but we track it more by customer-by-customer basis, given the limited set of customers. But, I would then say in memory the move to 3D structures is an important driver for the utilization of FEI's technology. So we see a 3D NAND coming up. It's a big driver some places like Toshiba, Micron, Samsung. That's an important trend that will be beneficial to us.
And then just on DCG, can you remind us broadly speaking how their customer base is segmented amongst boundary logic and memory?
They certainly share the commonality in customers with FEI. So there's almost a one-to-one on FEI's customers. In addition to that, they have a bigger footprint in the fabless companies where they are used for quality assessment. We see that over time as an opportunity for us to give a broader-based solution to that set of customers. So it's a longer-term growth opportunity for the combination of FEI and DCG. In the short term they've got their customers, as I said. We feel good of about their year, and I think in the longer term the combination not only to the existing overlapping customers but to these newer customers, I think we can really create some powerful solutions for them.
Can you remind us how much of the cash on the balance sheet is onshore?
In the US right now about 20% of our cash, just post-DCG and the share buyback from last year, we're at about 20% US cash.
At this time we have no further questions. I will now turn the call back over to Jason Willey for closing comments.
I thank everyone for their interest, and we look forward to talking to you over the coming months. So good afternoon.
Thank you. This does conclude today's teleconference. You may disconnect your lines at this time. Thank you for your participation.