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Segment, Customers, and Geographic Information
12 Months Ended
Jun. 27, 2020
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 2020, 2019, and 2018, consisted of the following (in millions):

 

 

 

2020

 

 

2019

 

 

2018

 

China

 

$

540.6

 

 

$

844.8

 

 

$

803.2

 

Japan

 

 

446.5

 

 

 

234.6

 

 

 

358.6

 

Taiwan

 

 

204.5

 

 

 

239.8

 

 

 

235.2

 

Other

 

 

77.3

 

 

 

64.9

 

 

 

74.9

 

South Korea

 

 

58.3

 

 

 

63.5

 

 

 

67.5

 

United States

 

 

6.7

 

 

 

24.6

 

 

 

90.9

 

 

 

$

1,333.9

 

 

$

1,472.2

 

 

$

1,630.3

 

 

Net revenue from external customers for each group of similar products for fiscal 2020, 2019, and 2018 consisted of the following (in millions):

 

 

 

2020

 

 

2019

 

 

2018

 

Mobile product applications

 

$

698.9

 

 

$

900.1

 

 

$

1,021.0

 

PC product applications

 

 

317.4

 

 

 

258.9

 

 

 

257.8

 

IoT product applications

 

 

317.6

 

 

 

313.2

 

 

 

351.5

 

 

 

$

1,333.9

 

 

$

1,472.2

 

 

$

1,630.3

 

 

Long-lived assets within geographic areas as of the end of fiscal 2020 and 2019 consisted of the following (in millions):

 

 

 

2020

 

 

2019

 

United States

 

$

137.1

 

 

$

149.8

 

Asia/Pacific

 

 

223.5

 

 

 

257.0

 

Europe

 

 

177.9

 

 

 

213.8

 

 

 

$

538.5

 

 

$

620.6

 

 

Our goodwill of $360.8 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 2020, 2019, and 2018 were as follows:

 

 

 

2020

 

 

2019

 

 

2018

 

Customer A

 

18%

 

 

*

 

 

*

 

Customer B

 

12%

 

 

*

 

 

12%

 

Customer C

 

*

 

 

15%

 

 

15%

 

Customer D

 

*

 

 

14%

 

 

*

 

Customer E

 

*

 

 

10%

 

 

*

 

 

*

Less than 10%