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Segment and Geographic information
12 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
The Company is organized as, and operates in, one operating segment: the design, development and supply of power semiconductor products for computing, consumer electronics, communication and industrial applications. The chief operating decision-makers are the Executive Chairman and the Chief Executive Officer. The financial information presented to the Company’s Executive Chairman and Chief Executive Officer is on a consolidated basis, accompanied by information about revenue by customer and geographic region, for purposes of evaluating financial performance and allocating resources. The Company has one business segment, and there are no segment managers who are held accountable for operations, operating results and plans for products or components below the consolidated unit level. Accordingly, the Company reports as a single operating segment.
The Company sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. Because the Company’s distributors sell their products to end customers which may have a global presence, revenue by geographical location is not necessarily representative of the geographical distribution of sales to end user markets.

In February 2023, the Company entered into a license agreement with a customer to license the Company’s proprietary SiC technology and to provide 24-months of engineering and development services for a total fee of $45.0 million.
The revenue by geographical location in the following tables is based on the country or region in which the products were shipped to: 
 Year Ended June 30, 
 202420232022
(in thousands)
Hong Kong$524,788 $561,855 $630,238 
China95,417 84,546 120,978 
South Korea9,956 9,168 11,802 
United States4,938 19,744 12,470 
Other countries22,175 16,008 2,064 
 $657,274 $691,321 $777,552 
 Year Ended June 30, 
 202420232022
 (in thousands)
Power discrete$426,146 $458,795 $545,135 
Power IC205,778 218,620 220,882 
Packaging and testing services and other
4,119 3,979 11,535 
License and development services21,231 9,927 — 
 $657,274 $691,321 $777,552 
Long-lived assets, net consisting of property, plant and equipment and land use rights, net, as well as operating lease right-of-use assets, net by geographical area are as follows:
 June 30,
 20242023
(in thousands)
China$106,666 $114,822 
United States249,791 263,083 
Other countries5,212 4,275 
 $361,669 $382,180