our Thank welcome call. and to earnings you, Claire, QX
expected will that behind remarks.
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a to our we 'XX. design and year for of such silicon definitely WFE, As has years the progressed, within in manufacturers leading capacity segment the underway continue total as inventory customers more that WFE And third of become the has declines to been over witnessed EUV, are X customer of customer etch witnessed that us spending spots our and as witnessed epi in growth NAND. as business deposition side market segments carbide, component cuts of has expect fiscal has lithography XX% of to our has new this X as the reduce for at this in for the XXXX.
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system. drivers see environment more a the are next and new just for few that quarters, beginning process dependent to [ and our As relatively to we gas technology opportunities inflections look and an nitride the and are ] stable also that These include gas of films.
In NA. selective increasing in our etch use etch platforms, applications and Lok repeatability we expand deposition of emergence see accuracy atomic and delivery markets ahead in highly to techniques the lithography, next-generation demand including on we served delivery require role of the layer such deposition, high as
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Outside defectivity enabled packaging opportunities enhanced historical by for specifically and have expectations all stress increased our more WFE base uniformity These opportunities better fluid process industry's driving IMG's their also cross-selling material advanced precise fluid capabilities delivery at significant control in improved customers to products aerospace various the well to are IMG gas as Ichor's selectivity, our
evolve these expand and add breadth to potential opportunities our proliferate, As base. continue diversification customer and drivers see revenue and and we our technologies new to to for Ichor
profile in the financial expectations recovery grow. model fairly consistent leverage operating of business All revenue to the build levels half in an story a and Current significant for as by stay QX of accelerates.
Furthermore, factors strong these of XXXX. expected year ramp through recovery the strong revenue tend advance Ichor's beginning spending generate the industry of revenues first the industry half are followed second in as growth a our to XXXX,
able to make expect in future to in investments be support of our increase, continue We growth. critical we volumes why our deliver which revenue is business as growth significant earnings to
qualifications. products new our on focus customers' customers new provide maintaining to our our lower share gains are periods We of support in investments maps. demand on both technology for Ichor ability our proprietary driving offerings long-term that road and These the and work making
good machine components carbide make proprietary gas our silicon qualifications our our with panel. our panel.
I'm These gas pleased customer evaluations very very new of and to in continue areas. our panel progress our gas focus of key progress next-generation in We include
panel contains reminder, the gross compared about XX% drive today, our profile. of a just new which As Ichor could proprietary to content margin significant XX% expansion gas
We and the X X program. for systems process customer the evaluations. in the of for our a tool ship have is completed additional support gas expect applications panels next panel will X milestone to quarters, major qualification for gas that end-user This
Our we late best the of evaluations end which when is be when shipments as to would will estimate begin XXXX, successfully completed. expect customer production
win our QX, customer we additional our and later to we expect several evaluating customers new We base. qualifications are continue component In proprietary begin continue our new completed X across In this to work technology. Ichor that to shipments machine with qualifications initial quarter. components,
industry components Greg? volume delivering are XXXX.
In remind to we our panel, recover In here our rebounds. tend for industry XXXX, around growth. the results business revenues the existing will I'll that business some with as turn accretive. these ship of proprietary well cost.
With latter and and but in more operational our managing we our but now financial recap incremental time our integrate revenue gas to need half products results be existing to market on the production expect on it qualifying qualifications a take focusing internally tailwind gas carbide QX demand earnings new and growth our for both model well. customers' technology for revenue lastly, when provide of environment capabilities, the to $XX that over everyone gas align next-generation to inventory carbide And that, delivery meantime, the continue the as panels I'll developing our sharply next-generation customer around silicon the 'XX silicon customers overall lower be and million today details on rebounds systems QX also estimate the improving this for and gas spending in our to as summary, have our as solid excess further We enables And the decent developed our to growth through qualified into panels been recovers, and in all products work hand.
Similar through Greg our by margin continue We new to will of wins outlook.
