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		<nameOfIssuer>ADVANCED ENERGY INDS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>007973100</cusip>
		<value>104768124</value>
		<shrsOrPrnAmt>
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		<votingAuthority>
			<Sole>324651</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AKAMAI TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00971T101</cusip>
		<value>106468592</value>
		<shrsOrPrnAmt>
			<sshPrnamt>927023</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>927023</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMPHENOL CORP</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>032095101</cusip>
		<value>98673664</value>
		<shrsOrPrnAmt>
			<sshPrnamt>780955</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>780955</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>APPLIED MATLS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>038222105</cusip>
		<value>95357359</value>
		<shrsOrPrnAmt>
			<sshPrnamt>278994</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>278994</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ARM HOLDINGS PLC</nameOfIssuer>
		<titleOfClass>SPONSORED ADS</titleOfClass>
		<cusip>042068205</cusip>
		<value>104589546</value>
		<shrsOrPrnAmt>
			<sshPrnamt>691364</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>691364</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>ASTERA LABS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04626A103</cusip>
		<value>55271390</value>
		<shrsOrPrnAmt>
			<sshPrnamt>504301</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>504301</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BROADCOM INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>11135F101</cusip>
		<value>109585420</value>
		<shrsOrPrnAmt>
			<sshPrnamt>354061</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>354061</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>CIENA CORP</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>171779309</cusip>
		<value>96052761</value>
		<shrsOrPrnAmt>
			<sshPrnamt>247412</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>247412</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FABRINET</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G3323L100</cusip>
		<value>89437029</value>
		<shrsOrPrnAmt>
			<sshPrnamt>171493</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>171493</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>HEWLETT PACKARD ENTERPRISE C</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42824C109</cusip>
		<value>86553326</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3635167</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>3635167</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LITTELFUSE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>537008104</cusip>
		<value>52258882</value>
		<shrsOrPrnAmt>
			<sshPrnamt>153997</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>153997</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LUMENTUM HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55024U109</cusip>
		<value>110816819</value>
		<shrsOrPrnAmt>
			<sshPrnamt>157688</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>157688</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MACOM TECH SOLUTIONS HLDGS I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55405Y100</cusip>
		<value>96899356</value>
		<shrsOrPrnAmt>
			<sshPrnamt>436346</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>436346</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MARVELL TECHNOLOGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>573874104</cusip>
		<value>37783118</value>
		<shrsOrPrnAmt>
			<sshPrnamt>381455</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>381455</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MICRON TECHNOLOGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>595112103</cusip>
		<value>48652338</value>
		<shrsOrPrnAmt>
			<sshPrnamt>144010</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>144010</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>MOTOROLA SOLUTIONS INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>620076307</cusip>
		<value>96388209</value>
		<shrsOrPrnAmt>
			<sshPrnamt>222108</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>222108</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NOKIA CORP</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>654902204</cusip>
		<value>84377919</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10494766</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>10494766</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NVIDIA CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67066G104</cusip>
		<value>130821800</value>
		<shrsOrPrnAmt>
			<sshPrnamt>750125</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>750125</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SANDISK CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>80004C200</cusip>
		<value>21189860</value>
		<shrsOrPrnAmt>
			<sshPrnamt>33352</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>33352</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SENSATA TECHNOLOGIES HLDG PL</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G8060N102</cusip>
		<value>51722895</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1468566</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1468566</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SILICON MOTION TECHNOLOGY CO</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>82706C108</cusip>
		<value>60496013</value>
		<shrsOrPrnAmt>
			<sshPrnamt>538748</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>538748</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>STMICROELECTRONICS N V</nameOfIssuer>
		<titleOfClass>NY REGISTRY</titleOfClass>
		<cusip>861012102</cusip>
		<value>80639873</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2334005</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>2334005</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>TAIWAN SEMICONDUCTOR MANUFAC</nameOfIssuer>
		<titleOfClass>SPONSORED ADS</titleOfClass>
		<cusip>874039100</cusip>
		<value>102359986</value>
		<shrsOrPrnAmt>
			<sshPrnamt>302885</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>302885</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>TOWER SEMICONDUCTOR LTD</nameOfIssuer>
		<titleOfClass>SHS NEW</titleOfClass>
		<cusip>M87915274</cusip>
		<value>81251101</value>
		<shrsOrPrnAmt>
			<sshPrnamt>463022</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>463022</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>VIAVI SOLUTIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>925550105</cusip>
		<value>91933271</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2762418</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>2762418</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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