Related Party Transactions

12 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

As of June 30, 2025, the Company owned 39.2% equity interest in the JV Company, which, by definition, is a related party to the Company. The JV Company supplies 12-inch wafers and provides assembly and testing services to AOS. The JV Company reimbursed AOS for purchases made on its behalf of $11.3 million, $9.8 million and $35.6 million during the fiscal year ended June 30, 2025, 2024 and 2023, respectively. Due to the right of offset of receivables and payables with the JV Company, as of June 30, 2025 and 2024, AOS recorded the net amount of $15.8 million and $13.7 million, respectively, as a payable related to equity investee, net, on the Consolidated Balance Sheet. The purchases by AOS for the fiscal year ended June 30, 2025, 2024 and 2023 were $109.1 million, $96.6 million and $127.8 million, respectively.