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Revenue
3 Months Ended
Sep. 27, 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:
Three Months Ended
September
20252024
Enterprise and Automotive product applications$147.7 $147.6 
Core IoT product applications103.6 59.6 
Mobile product applications41.2 50.5 
$292.5 $257.7 
Net revenue by geographic region, based on the billing location of our customers, for the periods presented were as follows:
Three Months Ended
September
20252024
China/Hong Kong$142.1 $127.7 
Taiwan94.3 64.1 
Japan27.7 38.2 
Other15.1 10.6 
South Korea12.1 15.2 
United States1.2 1.9 
$292.5 $257.7 
Net revenue by customer whose revenue represented 10% or more of our total net revenue for the periods presented was as follows:
Three Months Ended
September
20252024
Customer A18%13%
Customer B*12%
Customer C15%*
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*Less than 10%
At September 2025 and June 2025, three customers comprised a total of 41% and 45% of our accounts receivable, respectively.
Contract Liabilities
Our contract liabilities are comprised of deferred revenue and primarily relate to our obligation to transfer goods, services or licenses of our IP to customers for which we have received consideration. Contract liabilities were $22.8 million and $16.2 million as of September 2025 and June 2025, respectively, and are presented as part of customer-related liabilities in accrued liabilities in the accompanying condensed consolidated balance sheets. See “Note 3. Supplemental Financial Statement Information.” During the three months ended September 2025 and September 2024, we recognized $1.5 million and $12.6 million, respectively, in revenue related to contract liabilities outstanding as of the beginning of each such fiscal year.