v3.26.1
Related Party Transactions
6 Months Ended
Jun. 27, 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 June 27, 2026Three Months Ended June 28, 2025
(in millions)PowersemEB TechATECPowersemEB TechATEC
Sales to related party$0.4 $— $— $0.3 $— $— 
Purchase of material/service from related party0.4 0.1 2.8 0.6 0.5 1.4 
Six Months Ended June 27, 2026Six Months Ended June 28, 2025
(in millions)PowersemEB TechATECPowersemEB TechATEC
Sales to related party$0.7 $— $— $0.6 $— $— 
Purchase material/service from related party0.9 0.2 5.0 1.1 0.7 3.3 
 June 27, 2026December 27, 2025
(in millions)PowersemEB TechATECPowersemEB TechATEC
Accounts receivable balance$0.1 $— $— $— $— $— 
Accounts payable balance0.2 0.1 1.2 0.1 0.1 2.1