Saurabh Dhole

Thank you. Good morning. My question is with respect to the MSG segment and other verticals where you're catering, where your end client is a retail individual. What I want to understand is that what proportion of the sales or what proportion of the distribution that happens in these verticals, what proportion gets routed through Qcom?

Yes, distribution of, let's say, smartphones or, let's say, PCs, and other ancillaries where the end client is a retail individual and not an enterprise. So, what proportion of the sales are you making to this particular end customer through Qcom channels? And what is the impact on channel margins and working capital r equirements, when you compare that with your traditional retail stores?

Thank you. Got it.