Related Party Transactions
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9 Months Ended |
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Jun. 30, 2013
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Related Party Transactions [Abstract] | |
Related Party Transactions | Related Party Transactions The Company sells semiconductor products to Chrontel International Ltd. (Chrontel). Jimmy S.M. Lee, the Company’s Executive Chairman, has been a director of Chrontel since July 1995. Sales to Chrontel were $104,000 and $294,000 during the three months and nine months ending June 30, 2013, respectively. Sales to Chrontel were $114,000 and $400,000 during the three months and nine months ended June 30, 2012, respectively. Accounts receivable from Chrontel was approximately $66,000 and $30,000 at June 30, 2013 and September 30, 2012, respectively. During the three months ended June 30, 2013, the Company sold its investment in Giantec and the Company’s Executive Chairman, Jimmy S.M. Lee, resigned his position as a director of Giantec, therefore Giantec is no longer a related party. The Company purchases ASSP products from Giantec and provides logistic services to Giantec for which it is reimbursed and received certain licensing fees from Giantec. During the three months and nine months ended June 30, 2013, the Company purchased approximately $103,000 and $255,000, respectively, of products from Giantec. During each of the three months and nine months ended June 30, 2012, the Company purchased approximately $31,000 of products from Giantec. Accounts payable to Giantec was approximately $180,000 and $26,000 at June 30, 2013 and September 30, 2012, respectively. During the three months and nine months ended June 30, 2013, the Company provided Giantec services of approximately $17,000 and $53,000, respectively, and received licensing fees from Giantec of approximately $0 and $5,000, respectively. During the three months and nine months ended June 30, 2012, the Company provided Giantec services of approximately $17,000 and $53,000, respectively, and received licensing fees from Giantec of approximately $12,000 and $34,000, respectively. Accounts receivable from Giantec was approximately $6,000 and $12,000 at June 30, 2013 and September 30, 2012, respectively. |