Long term, I expect free cash flow margins to climb toward the high single-digits, but most of the next decade will likely be in the mid-single-digits.

Source: https://seekingalpha.com/article/4579750-nidec-hammered-again-on-weak-end-markets-adds-a-restructuring-to-the-mix?source=feed_all_articles

Overall handset volumes are likely to be down mid-single-digits in 2023, and Apple (still a meaningful customer at 15% of revenue and most of the smartphone business) will likely be worse in terms of volumes.

Source: https://seekingalpha.com/article/4578047-at-knowles-the-worst-of-the-smartphone-cycle-seems-priced-in?source=feed_all_articles