v3.26.1
Revenue
 12 Months Ended
Jun. 27, 2026
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:
•Enterprise and Automotive: Includes products for PC Touch Pad, PC Fingerprint, Video Interface Solutions and Automotive Solutions.
•Core IoT: Includes products for Wireless and Processor Solutions.
•Mobile: Includes products for Touch and Display Solutions for Mobile phone applications.
Disaggregation of revenue
Net revenue by product category was as follows:
202620252024
Enterprise and Automotive product applications$641.1 $610.1 $570.0 
Core IoT product applications389.7 272.4 177.6 
Mobile product applications166.4 191.8 211.8 
$1,197.2 $1,074.3 $959.4 
Net revenue by geographic region, based on the billing location of our customers, was as follows:
202620252024
China$536.8 $493.0 $435.0 
Taiwan363.4 307.2 201.3 
Japan128.3 137.6 192.3 
South Korea74.5 71.7 59.9 
United States23.6 7.4 21.3 
Other70.6 57.4 49.6 
$1,197.2 $1,074.3 $959.4 
Net revenue derived from customers whose revenue represented 10% or more of our total net revenue was as follows:
202620252024
Customer A11%**
Customer B17%15%*
Customer C*11%12%
____________________________
*Less than 10%
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 $1.7 million and $16.2 million as of June 2026 and 2025, respectively, and are presented as part of customer-related liabilities in accrued liabilities in the accompanying consolidated balance sheets. See “Note 3. Supplemental Financial Statement Information.” During fiscal 2026 and 2025, we recognized $14.1 million and $13.8 million, respectively, in revenue related to contract liabilities outstanding as of the beginning of each such fiscal year.