XML 31 R22.htm IDEA: XBRL DOCUMENT v3.25.1
Segment, Customers, and Geographic Information
 9 Months Ended
Mar. 29, 2025
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 EndedNine Months Ended
MarchMarch
2025202420252024
Enterprise and Automotive product applications$153.8 $134.7 $460.5 $426.1 
Core IoT product applications67.5 47.3 188.2 123.3 
Mobile product applications45.3 55.3 142.8 162.6 
$266.6 $237.3 $791.5 $712.0 
Net revenue by geographic region, based on the billing location of our customers, for the periods presented were as follows (in millions):
 Three Months EndedNine Months Ended
 MarchMarch
 2025202420252024
China/Hong Kong$113.3 $102.2 $353.2 $314.6 
Taiwan86.1 54.7 227.6 141.1 
Japan29.1 47.7 110.9 157.2 
Other18.9 14.2 42.0 36.2 
South Korea18.1 16.0 52.1 42.7 
United States1.1 2.5 5.7 20.2 
 $266.6 $237.3 $791.5 $712.0 
Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:
 Three Months EndedNine Months Ended
 MarchMarch
 2025202420252024
Customer A18%12%15%*
Customer B**11%13%
____________________
* 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:
 MarchJune
 20252024
Customer A15%12%
Customer B14%12%
Customer C*18%
Customer D11%*
Customer E11%*
Customer F10%*
____________________
* Less than 10%