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REVENUE
 6 Months Ended
Dec. 27, 2020
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Deferred Revenue
Revenue of $83.8 million and $358.1 million included in deferred revenue at June 28, 2020 was recognized during the three and six months ended December 27, 2020.
The following table summarizes the transaction price for contracts that have not yet been recognized as revenue as of December 27, 2020 and when the Company expects to recognize the amounts as revenue:
Less than 1 Year1-3 YearsMore than 3 YearsTotal
(In thousands)
Deferred revenue$509,265 $130,327 
(1)
$— $639,592 
(1) This amount is reported in Deferred profit on the Company's Condensed Consolidated Balance Sheets as the customers can demand the liability to be performed at any time.
Disaggregation of Revenue
The Company operates in one reportable business segment: manufacturing and servicing of wafer processing semiconductor manufacturing equipment. The Company’s material operating segments qualify for aggregation due to their customer base and similarities in economic characteristics, nature of products and services, and processes for procurement, manufacturing, and distribution.
The Company operates in seven geographic regions: United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. For geographical reporting, revenue is attributed to the geographic location in which the customers’ facilities are located. The Company serves three primary markets: memory, foundry, and logic/integrated device manufacturing.
The following table presents the Company’s revenues disaggregated between system and its customer support-related revenue:
Three Months EndedSix Months Ended
December 27,
2020		December 29,
2019		December 27,
2020		December 29,
2019
(In thousands)
System revenue$2,307,421 $1,747,093 $4,455,662 $3,112,321 
Customer support-related revenue and other1,148,816 836,408 2,177,655 1,636,926 
$3,456,237 $2,583,501 $6,633,317 $4,749,247 
System revenue includes sales of new leading-edge equipment in deposition, etch and clean markets.
Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from the Company’s Reliant product line.
The following table presents the Company’s revenues disaggregated by geographic region:
Three Months EndedSix Months Ended
December 27,
2020		December 29,
2019		December 27,
2020		December 29,
2019
(In thousands)
China$1,208,185 $758,286 $2,382,854 $1,349,954 
Korea712,525 463,178 1,468,782 914,661 
Taiwan584,299 680,871 1,030,390 1,072,363 
Southeast Asia365,458 184,168 568,797 397,923 
Japan344,023 208,240 736,549 481,913 
United States137,492 223,725 275,384 407,384 
Europe104,255 65,033 170,561 125,049 
$3,456,237 $2,583,501 $6,633,317 $4,749,247 
The following table presents the percentages of leading- and non-leading-edge equipment and upgrade revenue to each of the primary markets the Company serves:
Three Months EndedSix Months Ended
December 27,
2020		December 29,
2019		December 27,
2020		December 29,
2019
Memory68 %52 %63 %58 %
Foundry26 %36 %31 %31 %
Logic/integrated device manufacturing6 %12 %6 %11 %