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SIGNIFICANT CUSTOMERS AND GEOGRAPHIC NET REVENUES (Tables)
9 Months Ended
Sep. 30, 2024
Concentration Risk [Line Items]  
Schedules of Geographic Net Revenues

The Company markets its products globally through its sales personnel and a worldwide network of independent sales representatives and distributors. Geographic net revenues by region and country with 5% or more of the Company’s revenue during any of the periods presented, based on “bill to” customer locations were as follows:

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(In thousands)

    

2024

    

2023

    

2024

    

2023

Americas:

$

5,507

$

5,557

$

15,793

$

17,643

EMEA:

 

 

 

 

Germany

5,321

 

5,741

 

16,269

 

19,290

Other EMEA

 

6,190

 

8,498

 

18,450

 

20,912

APAC:

 

 

 

 

Hong Kong/China

 

65,425

 

79,735

 

178,229

 

215,829

India

 

8,571

 

9,697

 

20,351

 

27,738

Korea

9,762

4,308

28,215

17,425

Taiwan

7,471

4,949

17,523

11,453

Other APAC

 

7,590

 

7,026

 

18,893

 

24,741

Total net revenues

$

115,837

$

125,511

$

313,723

$

355,031

Net revenue  
Concentration Risk [Line Items]  
Schedules of Concentration of Risk, by Risk Factor

The following customers represented 10% or more of the Company’s net revenues for the respective periods:

    

Three Months Ended

    

Nine Months Ended

September 30, 

September 30, 

Customer

2024

2023

2024

2023

Avnet

 

31

%  

28

%  

 

30

%  

26

%  

Honestar Technologies Co., Ltd.

10

%  

23

%  

11

%  

17

%  

Salcomp Group

*

*

*

11

%  

* Total customer revenue was less than 10% of net revenues.

Accounts receivable  
Concentration Risk [Line Items]  
Schedules of Concentration of Risk, by Risk Factor

The following customers represented 10% or more of accounts receivable at September 30, 2024 and December 31, 2023:

September 30, 

December 31, 

Customer

    

2024

2023

Avnet

33

%  

39

%  

Salcomp Group

12

%

10

%  

Flextronics Group

10

%

*

Honestar Technologies Co., Ltd.

*

20

%

* Total customer accounts receivable was less than 10% of accounts receivable.