Lumentum Holdings Inc Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Great. I just wanted to start off firstly, on the automotive or the LiDAR opportunity and see if you can talk about what are you seeing in relation to how the automotive LiDAR supply chain is developing? I'm just curious because you mentioned you're working with OEMs as well as some of the LiDAR solution providers. How critical should we think Lumentum's IP and design capabilities are? Or is there an opportunity for some of the LiDAR solution providers to kind of have their own designs and work with contract manufacturers directly? And I have a follow-up.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Got it. That's very helpful. Chris, if I can just follow up on the datacom side. I think you talked about -- you talked about the 5G front haul demand moderating in China. How should we think about your capacity plans? I think you had outlined doubling capacity on the datacom chipset side? Are we still kind of on track to do that given some of the moderation in demand? And then what are the broader implications here for the telecom group? And should we expect to see some softness in telecom as kind of broadly seeping through the weakness you're seeing in China in 5G rollouts?