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Segment, Customers, and Geographic Information
12 Months Ended
Jun. 29, 2019
Segment Reporting [Abstract]  
Segment, Customers, and Geographic Information

12.

Segment, Customers, and Geographic Information

We operate in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.  We generate our revenue from three broad product categories:  the mobile product applications market, the personal computing, or PC, product applications market, and the Internet of Things, or IoT, product market.

Net revenue within geographic areas based on our customers’ locations for fiscal 2019, 2018, and 2017, consisted of the following (in millions):

 

 

 

2019

 

 

2018

 

 

2017

 

China

 

$

844.8

 

 

$

803.2

 

 

$

844.8

 

Taiwan

 

 

239.8

 

 

 

235.2

 

 

 

66.4

 

Japan

 

 

234.6

 

 

 

358.6

 

 

 

426.5

 

Other

 

 

64.9

 

 

 

74.9

 

 

 

25.3

 

South Korea

 

 

63.5

 

 

 

67.5

 

 

 

123.8

 

United States

 

 

24.6

 

 

 

90.9

 

 

 

231.4

 

 

 

$

1,472.2

 

 

$

1,630.3

 

 

$

1,718.2

 

 

Net revenue from external customers for each group of similar products for fiscal 2019, 2018, and 2017 consisted of the following (in millions):

 

 

 

2019

 

 

2018

 

 

2017

 

Mobile product applications

 

$

900.1

 

 

$

1,021.0

 

 

$

1,406.0

 

PC product applications

 

 

258.9

 

 

 

257.8

 

 

 

229.2

 

IoT product applications

 

 

313.2

 

 

 

351.5

 

 

 

83.0

 

 

 

$

1,472.2

 

 

$

1,630.3

 

 

$

1,718.2

 

 

Long-lived assets within geographic areas as of the end of fiscal 2019 and 2018 consisted of the following (in millions):

 

 

 

2019

 

 

2018

 

United States

 

$

149.8

 

 

$

193.3

 

Asia/Pacific

 

 

257.0

 

 

 

273.8

 

Europe

 

 

213.8

 

 

 

242.7

 

 

 

$

620.6

 

 

$

709.8

 

 

Our goodwill of $372.8 million has been allocated to two reporting units which include IoT and Mobile/PC.

Major customers’ revenue as a percentage of total net revenue for fiscal 2019, 2018, and 2017 were as follows:

 

 

 

2019

 

 

2018

 

 

2017

 

Customer A

 

15%

 

 

15%

 

 

24%

 

Customer B

 

14%

 

 

*

 

 

10%

 

Customer C

 

10%

 

 

*

 

 

*

 

Customer D

 

*

 

 

12%

 

 

*

 

Customer E

 

*

 

 

*

 

 

19%

 

 

*

Less than 10%