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Segment, Customers, and Geographic Information
 6 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
Segment, Customers, and Geographic Information 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: Core IoT, Enterprise and Automotive, and Mobile product applications. A summary of our products and how they are categorized is as follows:
•Core IoT: Wireless and Processor Solutions
•Enterprise and Automotive: PC Touch Pad, PC Fingerprint, Video Interface Solutions, Enterprise Audio Solutions, Fax and Printer Solutions, and Automotive Solutions
•Mobile: Touch and Display Solutions for Mobile phone applications
Net revenue from our customers for each product category was as follows (in millions):

Three Months EndedSix Months Ended
DecemberDecember
2024202320242023
Enterprise and Automotive product applications$159.1 $136.6 $306.7 $291.4 
Core IoT product applications61.1 37.5 120.7 76.0 
Mobile product applications47.0 62.9 97.5 107.3 
$267.2 $237.0 $524.9 $474.7 
Net revenue within geographic areas based on our customers’ locations for the periods presented was as follows (in millions):
 Three Months EndedSix Months Ended
 DecemberDecember
 2024202320242023
China/Hong Kong$112.2 $105.5 $240.0 $212.3 
Taiwan77.4 49.6 141.5 86.4 
Japan43.6 57.0 81.8 109.6 
Other12.5 7.9 23.1 22.0 
South Korea18.8 15.1 34.0 26.7 
United States2.7 1.9 4.5 17.7 
 $267.2 $237.0 $524.9 $474.7 
Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:
 Three Months EndedSix Months Ended
 DecemberDecember
 2024202320242023
Customer A15%10%14%*
Customer B11%13%12%15%
____________________
* Less than 10%
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:
 DecemberJune
 20242024
Customer A16%12%
Customer B17%12%
Customer C*18%
____________________
* Less than 10%