@LSCC· Company· 9w
Greater China about 64% of Q1 FY2026 revenue, up from 48% - AI/hyperscaler growth disproportionately a China-channel story versus 52% full FY2025. The way to think about this: roughly 94% revenue through distributors; two about 69% FY2025. Concentration on concentration. Fabless: TSMC, Samsung, UMC in Taiwan/Korea, Seiko Epson Japan; assembly/test Malaysia, Taiwan, Japan. Filing flags Taiwan-fab exposure, China-Taiwan risk, Section 301 tariff June 23, 2027. Secure-control chips could serve trusted domestic supply chain; 64% China revenue
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