Concentrations of Credit Risk

12 Months Ended

Jun. 26, 2011

Concentrations of Credit Risk

Concentrations of Credit Risk

Note 14 – Concentrations of Risk

Financial instruments, which may subject the Company to a concentration of risk, consist principally of short-term investments, cash equivalents, and accounts receivable. Short-term and long-term investments consist primarily of high-grade corporate debt, commercial paper, government securities and other investments at interest rates that vary by security. The Company's cash equivalents consist primarily of money market funds. Certain bank deposits may at times be in excess of the FDIC insurance limits.

The Company sells its products on account to manufacturers, distributors and others worldwide and generally requires no collateral. When title has transferred and the earnings process is complete, the Company records revenue and related accounts receivable.

The Company has the following percentage of its accounts receivable due from the following customers who account for more than 10% of the consolidated balance as of each fiscal year-end:

	June 26, 2011			June 27, 2010
Arrow Electronics, Inc.		17	%		19	%
World Peace Industrial Co., Ltd.		12	%		15	%

The Company has derived its product revenue from sales to customers who represent more than 10% of consolidated revenue as follows:

	Fiscal Years Ended
	June 26, 2011			June 27, 2010			June 28, 2009
Arrow Electronics, Inc.		20	%		19	%		11	%
World Peace Industrial Co., Ltd.		10	%		11	%		7	%
Seoul Semiconductor Co., Ltd		3	%		9	%		13	%