Segment Information (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Segment Reporting [Abstract] |
|
| Significant Expenses and Other Expense |
The following table presents selected financial information, including significant expenses and other expense information provided to CODM, with respect to the Company’s operating segment for the years ended December 31, 2023, 2024 and 2025:
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Net sales |
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639,142 |
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|
803,552 |
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|
885,627 |
|
Less: |
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Product costs (1) |
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364,405 |
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430,784 |
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|
454,124 |
|
Stock-compensation and related payroll expense |
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142,156 |
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154,831 |
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|
203,305 |
|
Integrated Circuit design related costs |
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46,429 |
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73,263 |
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|
72,069 |
|
Depreciation and amortization |
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21,810 |
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25,331 |
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30,174 |
|
Income tax expense |
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8,175 |
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18,160 |
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17,492 |
|
Dispute related expenses |
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6,973 |
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|
14,385 |
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|
12,988 |
|
Other operating expenses (2) |
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17,490 |
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|
14,069 |
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19,930 |
|
Interest income |
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|
(12,246 |
) |
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(14,528 |
) |
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(9,663 |
) |
Other segment items (3) |
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(8,923 |
) |
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(1,992 |
) |
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(37,427 |
) |
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Net income |
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52,873 |
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89,249 |
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122,635 |
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| (1) |
Product costs primarily include material, labor and other product related costs, excluding the other categories above. |
| (2) |
Other operating expenses primarily include facilities expenses, sales promotion expenses, professional service expenses and other expenses. |
| (3) |
Other segment items primarily include unrealized holding gain on investment, gain from disposal of long-term investment, foreign exchange gain or loss, interest expense and other income, net as reported in our consolidated statements of income. |
|
| Long-Lived Assets (Property and Equipment, Net) by Geographic Area |
Long-lived assets (property and equipment, net) by geographic area are as follows:
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Taiwan |
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155,334 |
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177,335 |
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208,415 |
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China |
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11,118 |
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10,369 |
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10,006 |
|
Others |
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|
965 |
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|
694 |
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|
545 |
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167,417 |
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188,398 |
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218,966 |
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| Revenue by Product Category |
The Company groups its products into two categories, based on the markets in which they may be used. The following summarizes the Company’s revenue by product category:
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Mobile Storage |
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632,813 |
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796,365 |
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877,195 |
|
Others |
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6,329 |
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7,187 |
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8,432 |
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639,142 |
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803,552 |
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885,627 |
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| Revenue by Geographic Area |
Revenue is attributed to a geographic area based on the bill-to location and is summarized as follows:
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China |
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229,037 |
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331,664 |
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495,107 |
|
Japan |
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36,431 |
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143,130 |
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123,870 |
|
Singapore |
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127,642 |
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144,595 |
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|
78,432 |
|
Taiwan |
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|
74,284 |
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58,114 |
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|
74,629 |
|
Korea |
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|
48,633 |
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|
73,057 |
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|
22,551 |
|
United States |
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|
55,504 |
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13,019 |
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|
7,966 |
|
Others |
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67,611 |
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39,973 |
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83,072 |
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639,142 |
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803,552 |
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885,627 |
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| Major customers representing at least 10% of net sales |
Major customers representing at least 10% of net sales are as follows:
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|
PHISEMI |
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* |
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* |
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107,407 |
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|
13 |
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216,456 |
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|
24 |
|
Kioxia |
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* |
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* |
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119,727 |
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|
15 |
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|
105,704 |
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|
12 |
|
AFASTOR |
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|
70,046 |
|
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|
11 |
|
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|
82,678 |
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|
10 |
|
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|
104,248 |
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|
12 |
|
Micron |
|
|
144,011 |
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|
22 |
|
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|
151,780 |
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|
19 |
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|
86,201 |
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|
10 |
|
SK Hynix |
|
|
75,836 |
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12 |
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* |
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* |
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* |
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* |
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