Concentrations of Credit Risk

12 Months Ended

Mar. 28, 2015

The Company’s principal financial instrument subject to potential concentration of credit risk is accounts receivable, which is unsecured. The Company provides an allowance for doubtful accounts equal to estimated losses expected to be incurred in the collection of accounts receivable. The Company has adopted credit policies and standards intended to accommodate industry growth and inherent risk and it believes that credit risks are moderated by the financial stability of its major customers, conservative payment terms and the Company’s strict credit policies.

Revenue from significant customers, those representing 10% or more of total revenue for the respective periods, is summarized as follows:



	Fiscal Year
	2015	2014	2013
Samsung Electronics, Co., Ltd. (Samsung)	14%	25%	22%

In addition, the Company sold its products to another end customer through multiple contract manufacturers, which in the aggregate accounted for approximately 32%, 20% and 9% of total revenue in fiscal years 2015, 2014 and 2013, respectively. The majority of the revenue from these customers was from the sale of the Company’s mobile products.

Samsung accounted for approximately 7%, 25% and 29% of the Company's total accounts receivable balance as of March 28, 2015, March 29, 2014 and March 30, 2013, respectively.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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