v3.26.3
Revenue
 3 Months Ended
Sep. 26, 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:
•Core IoT: Includes products for Wireless and Processor Solutions.
•Enterprise and Automotive: Includes products for PC Touch Pad and Fingerprint, Video Interface Solutions and Automotive Solutions.
•Mobile: Includes products for Touch Solutions for Mobile phone applications.
Disaggregation of revenue
Net revenue by product category was as follows:
Three Months Ended
September
20262025
Enterprise and Automotive product applications$173.6 $147.7 
Core IoT product applications87.4 103.6 
Mobile product applications33.0 41.2 
$294.0 $292.5 
Net revenue by geographic region, based on the billing location of our customers, for the periods presented was as follows:
Three Months Ended
September
20262025
China/Hong Kong$130.7 $142.1 
Taiwan98.7 94.3 
Japan26.0 27.7 
South Korea18.5 12.1 
United States3.0 1.2 
Other17.1 15.1 
$294.0 $292.5 
Net revenue by customer whose revenue represented 10% or more of our total net revenue for the periods presented was as follows:
Three Months Ended
September
20262025
Customer A21%18%
Customer B13%*
Customer C*15%
____________________________
*Less than 10%
As of September 2026, two customers comprised a total of 26% of our accounts receivable, and two customers comprised a total of 24% of our accounts receivable as of June 2026.
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 $4.0 million and $1.7 million as of September 2026 and June 2026, respectively, and are presented as part of customer-related liabilities in accrued liabilities in the accompanying condensed consolidated balance sheets. During the three months ended September 2026 and September 2025, we recognized $0.6 million and $1.5 million, respectively, in revenue related to contract liabilities outstanding as of the beginning of such period.