XML 42 R37.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segment, Customers, and Geographic Information (Tables)
9 Months Ended
Mar. 30, 2024
Segment Reporting Information [Line Items]  
Schedule of Net Revenue from External Customers

Revenues for the three months ended March 2023 from our previous product categories have been reclassified in order to conform to the current period presentation as follows (in millions):

 

 

 

 

Core IoT

 

 

Enterprise and Automotive

 

 

Mobile

 

 

Total

 

IoT product applications

 

$

231.7

 

 

$

93.3

 

 

$

138.4

 

 

$

 

 

$

231.7

 

PC product applications

 

53.3

 

 

 

 

 

 

53.3

 

 

 

 

 

 

53.3

 

Mobile product applications

 

 

41.6

 

 

 

 

 

 

 

 

 

41.6

 

 

 

41.6

 

 

 

$

326.6

 

 

$

93.3

 

 

$

191.7

 

 

$

41.6

 

 

$

326.6

 

Revenues for the nine months ended March 2023 from our previous product categories have been reclassified in order to conform to the current period presentation as follows (in millions):

 

 

 

 

Core IoT

 

 

Enterprise and Automotive

 

 

Mobile

 

 

Total

 

IoT product applications

 

$

813.7

 

 

$

276.5

 

 

$

537.2

 

 

$

 

 

$

813.7

 

PC product applications

 

175.0

 

 

 

 

 

 

175.0

 

 

 

 

 

 

175.0

 

Mobile product applications

 

 

139.1

 

 

 

 

 

 

 

 

 

139.1

 

 

 

139.1

 

 

 

$

1,127.8

 

 

$

276.5

 

 

$

712.2

 

 

$

139.1

 

 

$

1,127.8

 

Schedule of Net Revenue from Customers for each Product Category

Net revenue from our customers for each product category was as follows (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March

 

 

March

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Enterprise and Automotive product applications

 

$

134.7

 

 

$

191.7

 

 

$

426.1

 

 

$

712.2

 

Core IoT product applications

 

47.3

 

 

 

93.3

 

 

 

123.3

 

 

 

276.5

 

Mobile product applications

 

 

55.3

 

 

 

41.6

 

 

 

162.6

 

 

 

139.1

 

 

 

$

237.3

 

 

$

326.6

 

 

$

712.0

 

 

$

1,127.8

 

 

Schedule of Net Revenue within Geographic Areas Based on Customers' Locations

Net revenue within geographic areas based on our customers’ locations for the periods presented was as follows (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March

 

 

March

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

China/Hong Kong

 

$

102.2

 

 

$

152.7

 

 

$

314.6

 

 

$

398.9

 

Taiwan

 

 

54.7

 

 

 

68.8

 

 

 

141.1

 

 

 

334.7

 

Japan

 

 

47.7

 

 

 

69.0

 

 

 

157.2

 

 

 

266.1

 

South Korea

 

16.0

 

 

 

6.2

 

 

 

42.7

 

 

 

23.3

 

Other

 

 

14.2

 

 

 

29.7

 

 

 

36.2

 

 

 

98.6

 

United States

 

2.5

 

 

 

0.2

 

 

 

20.2

 

 

 

6.2

 

 

 

$

237.3

 

 

$

326.6

 

 

$

712.0

 

 

$

1,127.8

 

Sales Revenue, Net [Member]  
Segment Reporting Information [Line Items]  
Schedule of Major Customers as Percentage of Net Revenue

Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:

 

 

Three Months Ended

 

Nine Months Ended

 

 

March

 

March

 

 

2024

 

2023

 

2024

 

2023

Customer A

 

*

 

*

 

*

 

10%

Customer B

 

12%

 

*

 

*

 

*

Customer C

 

*

 

*

 

13%

 

*

Customer D

 

*

 

18%

 

*

 

*

____________________

* Less than 10%

Accounts Receivable [Member]  
Segment Reporting Information [Line Items]  
Schedule of Major Customers as Percentage of Net Revenue

We extend credit based on evaluation of a customer’s financial condition, and we generally do not require collateral. Major customer accounts receivable as a percentage of total accounts receivable were as follows:

 

 

 

March

 

June

 

 

2024

 

2023

 

 

 

 

 

Customer A

11%

 

10%

Customer B

 

*

 

20%

Customer C

 

14%

 

*

Customer D

 

10%

 

*

____________________

* Less than 10%