v3.26.1
Related Party Transactions
3 Months Ended
Mar. 28, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
 
As a result of the Company’s acquisition of IXYS, the Company has equity ownership in various investments that are accounted for under the equity method. The following is a description of the investments and related party transactions.
 
Powersem GmbH: The Company owns 45% of the outstanding equity of Powersem GmbH (“Powersem”), a module manufacturer based in Germany.
 
EB Tech Co., Ltd.: The Company owns approximately 15% of the outstanding equity of EB Tech Co., Ltd. (“EB Tech”), a company with expertise in radiation technology based in South Korea.
 
Automated Technology (Phil), Inc.: The Company owns approximately 24% of the outstanding common shares of Automated Technology (Phil), Inc. (“ATEC”), a supplier located in the Philippines that provides assembly and test services.
 Three Months Ended March 28, 2026Three Months Ended March 29, 2025
(in millions)PowersemEB TechATECPowersemEB TechATEC
Sales to related party$0.3 $— $— $0.3 $— $— 
Purchase of material/service from related party0.5 0.1 4.2 0.5 0.2 1.9 
 March 28, 2026December 27, 2025
(in millions)PowersemEB TechATECPowersemEB TechATEC
Accounts receivable balance$0.1 $— $— $— $— $— 
Accounts payable balance0.1 0.1 4.2 0.1 0.1 2.1