Amit Daryanani - RBC Capital Markets
Got it, that’s it for me. Thanks, guys.
Operator
Your next question comes from the line of Steven Fox with CLSA.
Steven Fox – CLSA
Thanks. Good afternoon. Tim, two questions, first of all, can you talk, you mentioned that you felt positive about new business opportunities. Can you sort of talk about the status of those and where you see the most opportunity near-term, or is it too soon to start thinking about new program wins? And then secondly, just details on the 10% customers, if you don’t mind.
Timothy L. Main
The first one is pretty easy. We’re not going to provide the 10% customer detail at this point. I think we’ll probably do that after the year-end, maybe. Our customer concentration has actually been in pretty decent shape this year, under 60% for the first time. Most of the year, it’s the first time in my memory that we’ve been able to have that level of diversity in the top end of our customer range. In terms of new business, when we look at the industrial instrumentation medical sector, that sector I think was down only 5% for the quarter and that’s indicative of a number of new business wins, and some strength in the smart grid clean tech area that is starting to blossom for us. We have some longstanding businesses and things like alternative energy with wind power and that type of thing but we are also building more products for smart grid applications in the power grid. So that’s been good, as well as new business wins in medical and we are starting to see some glimmers of hope in our semi-con business as well, so pleased to see that.
In the mobility area, the reason our revenue is only down 15% year over year is really the strength of new business wins in that area, which had been very significant and although our mobility sector was down sequentially a bit, we still expect that to be a very robust sector for us going forward. We’ll see some broad-based new business wins elsewhere. It’s not a heck of a lot to hang your hat on right now, just because overall demand has been so weak that it has really swamped the benefit of new business and I think we’ll be in a position to talk more about that when we get into Q1 and Q2 and maybe we start to see a little bit more robust economic environment. We can talk about which sectors we think will be really driving the growth going forward.
Steven Fox – CLSA
Okay. Thank you very much.
Operator
Your next question comes from the line of Sherri Scribner with Deutsche Bank.
Sherri Scribner - Deutsche Bank
Hi thank you. I guess if I could maybe look at the segments a bit overall, you are guiding overall to revenue to be flat sequentially. Would you expect for the segments, would you expect them to, within each segment, experience typical seasonality that they have seen historically? I mean, you did comment that the industrial is probably a bit healthier and I don’t know if that continues into the fourth quarter, maybe mobility is a bit healthier but maybe just trying to gauge it versus what we’ve seen historically by segment.
Forbes I.J. Alexander
Sherri this is Forbes, yeah they are all relatively, looking relatively stable. Automotive will have its typical summer seasonality, which is roughly down 10% but it’s becoming a less significant portion of our business, I mean 2% or 3% as we look forward here, so not really meaningful in terms of seasonality. But otherwise, as we’ve been saying, we’re seeing some stabilization across most of these sectors and on a relative basis everything is looking relatively flat within a percent or two. There’s no real wide variation.
Sherri Scribner - Deutsche Bank
Okay, so everything more likely to be relatively flat sequentially with not a lot of variation, is that fair to say?
Forbes I.J. Alexander
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