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Revenue
12 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The majority of our revenue is generated from product shipments to our customers. A summary of our product categories is as follows:
Core IoT: Includes products for Wireless and Processor Solutions.
Enterprise and Automotive: Includes products for PC Touch Pad, PC Fingerprint, Video Interface Solutions and Automotive Solutions.
Mobile: Includes products for Touch and Display Solutions for Mobile phone applications.
Disaggregation of revenue
Net revenue by product category was as follows:
 202520242023
Enterprise and Automotive product applications$610.1 $570.0 $853.7 
Core IoT product applications272.4 177.6 309.9 
Mobile product applications191.8 211.8 191.5 
$1,074.3 $959.4 $1,355.1 
Net revenue by geographic region, based on the billing location of our customers, for the periods presented were as follows:
202520242023
China$493.0 $435.0 $485.0 
Taiwan307.2 201.3 367.4 
Japan137.6 192.3 337.7 
South Korea71.7 59.9 35.0 
Other57.4 49.6 124.1 
United States7.4 21.3 5.9 
$1,074.3 $959.4 $1,355.1 
Net revenue to customers whose revenue represented 10% or more of our total net revenue was as follows:
 202520242023
Customer A**10%
Customer B15%**
Customer C11%12%*
____________________________
*Less than 10%
Contract Liabilities
Our contract liabilities are comprised of deferred revenue and primarily relates to our obligation to transfer goods, services or licenses of our IP to customers for which we have received consideration. Contract liabilities were $16.2 million and $14.7 million as of June 2025 and June 2024, respectively, and are presented as part of customer-related liabilities in accrued liabilities in the accompanying consolidated balance sheets. See “Note 3. Supplemental Financial Statement Information.” During fiscal 2025 and 2024, we recognized $13.8 million and $4.9 million, respectively, in revenue related to contract liabilities outstanding as of the beginning of each such fiscal year.