Segment Information

12 Months Ended

Sep. 27, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION AND CONCENTRATIONS

SEGMENT INFORMATION AND CONCENTRATIONS

In accordance with ASC 280-Segment Reporting, the Company considers itself to be a single reportable operating segment which designs, develops, manufactures and markets similar proprietary semiconductor products, including intellectual property. In reaching this conclusion, management considers the definition of the chief operating decision maker ("CODM"), how the business is defined by the CODM, the nature of the information provided to the CODM and how that information is used to make operating decisions, allocate resources and assess performance. The Company's CODM is the chief executive officer. The results of operations provided to and analyzed by the CODM are at the consolidated level and accordingly, key resource decisions and assessment of performance is performed at the consolidated level. The Company assesses its determination of operating segments at least annually.

GEOGRAPHIC INFORMATION

Net revenue by geographic area presented based upon the country of destination and are as follows (in millions):

	Fiscal Years Ended
	September 27, 2013		September 28, 2012		September 30, 2011
United States	$	67.3	$	70.3	$	76.7
Other Americas	10.2		18.4		38.8
Total Americas	77.5		88.7		115.5
China	979.3		820.1		914.7
South Korea	102.9		103.2		148.4
Taiwan	387.5		311.7		93.8
Other Asia-Pacific	202.0		207.4		91.5
Total Asia-Pacific	1,671.7		1,442.4		1,248.4
Europe, Middle East and Africa	42.8		37.5		55.0
	$	1,792.0	$	1,568.6	$	1,418.9

The Company’s revenues by geography do not necessarily correlate to end market demand by region. For example, if the Company sells a product to a distributor in Taiwan, the sale is reflected within the Taiwan line item above; however, that distributor, in turn, may sell the product to an end customer in a different geography.

Net property, plant and equipment balances, based on the physical locations within the indicated geographic areas are as follows (in millions):

	As of
	September 27, 2013		September 28, 2012
United States	$	140.2	$	124.8
Mexico	176.9		145.9
Rest of world	11.5		8.7
	$	328.6	$	279.4

CONCENTRATIONS

Financial instruments that potentially subject the Company to concentration of credit risk consist principally of trade accounts receivable. Trade accounts receivables are primarily derived from sales to manufacturers of communications and consumer products and electronic component distributors. Ongoing credit evaluations of customers’ financial condition are performed and collateral, such as letters of credit and bank guarantees, are required whenever deemed necessary.

In fiscal 2013, 2012 and 2011, Foxconn Technology Group, its affiliates and other suppliers to a large OEM for use in multiple applications including smartphones, tablets, routers, desktop and notebook computers, constituted more than ten percent of our net revenue. In fiscal 2013, 2012 and 2011, Samsung Electronics constituted more than ten percent of our net revenue. In fiscal 2011, Nokia constituted more than ten percent of our net revenue.

The Company's greater than ten percent customers comprised the following percentages of net revenue:

	Fiscal Years Ended
	September 27, 2013	September 28, 2012	September 30, 2011
Company A	36%	29%	27%
Company B	15%	17%	11%
Company C	*	*	13%

* Customer did not represent greater than ten percent of net revenue

At September 27, 2013, the Company's three largest accounts receivable balances comprised 51% of aggregate gross accounts receivable. This concentration was 60% and 53% at September 28, 2012 and September 30, 2011, respectively.