XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segment and Geographic Information (Tables)
9 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Disaggregation of Revenue
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-month engineering and development services for a total fee of $45 million.

The revenue by geographical location in the following tables is based on the country or region in which the products were shipped to:
Three Months Ended March 31,Nine Months Ended March 31,
 2024202320242023
(in thousands)(in thousands)
Hong Kong$123,731 $106,940 $389,018 $438,537 
China19,108 14,360 76,270 58,104 
South Korea326 1,083 9,670 7,622 
United States1,728 4,245 4,128 16,701 
Other countries5,167 5,932 16,892 8,832 
 $150,060 $132,560 $495,978 $529,796 

The following is a summary of revenue by product type:
Three Months Ended March 31,Nine Months Ended March 31,
 2024202320242023
 (in thousands)(in thousands)
Power discrete$93,815 $80,962 $324,093 $363,117 
Power IC49,990 47,416 153,032 159,708 
Packaging and testing services and other1,204 552 2,694 3,341 
License and development services5,051 3,630 16,159 3,630 
 $150,060 $132,560 $495,978 $529,796 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
Long-lived assets, net consisting of property, plant and equipment and operating lease right-of-use assets, net by geographical area are as follows:
 March 31,
2024
June 30,
2023
(in thousands)
China$109,296 $114,822 
United States251,049 263,083 
Other countries3,591 4,275 
 $363,936 $382,180