Analysis of Geographic Areas
Lam Research Corp. operates in 7 regions: China; Taiwan; Korea; Japan; United States; Southeast Asia; and Europe.
Area Asset Turnover
Lam Research Corp., asset turnover by geographic area
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| China | 1,204.20 | 724.30 | 984.97 | 503.40 | 750.14 | 552.40 |
| Taiwan | 29.59 | 35.72 | 17.01 | 53.15 | 40.31 | 44.80 |
| Korea | 13.01 | 13.78 | 10.95 | 16.45 | 21.97 | 62.79 |
| Japan | 131.49 | 217.75 | 185.85 | 208.04 | 193.26 | 103.73 |
| United States | 0.76 | 0.80 | 0.70 | 1.22 | 0.90 | 0.59 |
| Southeast Asia | 1.91 | 1.86 | 2.03 | 3.99 | 5.47 | 7.28 |
| Europe | 4.58 | 4.18 | 6.13 | 12.36 | 9.17 | 5.97 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
Asset turnover exhibits significant geographic disparity, with Asian markets demonstrating substantially higher efficiency in utilizing assets to generate revenue compared to Western regions. The overall trend is characterized by a dominant and expanding turnover ratio in China, contrasted by a steady decline in efficiency within the Korean and Southeast Asian markets.
- High-Efficiency Asian Markets
- China represents the most aggressive asset utilization, showing a general upward trajectory from 552.40 in 2021 to a peak of 1,204.20 by 2026. Despite periodic volatility, including dips in 2023 and 2025, the region maintains a turnover ratio orders of magnitude higher than any other geography. Japan also demonstrates strong performance, with the ratio increasing from 103.73 in 2021 to a peak of 217.75 in 2025, before moderating to 131.49 in 2026.
- Declining Asset Productivity
- A pronounced downward trend is observed in Korea, where the asset turnover ratio collapsed from 62.79 in 2021 to 13.01 by 2026, indicating a significant reduction in the revenue generated per unit of asset. Similarly, Southeast Asia shows a consistent decline, starting at 7.28 in 2021 and eroding to 1.91 by 2026. Taiwan exhibits high volatility with a general decline, dropping from 44.80 in 2021 to a low of 17.01 in 2024, before recovering partially to 29.59 in 2026.
- Low-Turnover Western Regions
- The United States and Europe maintain exceptionally low asset turnover ratios throughout the period. The United States remained nearly stagnant, fluctuating between 0.59 and 1.22. Europe showed a slight peak of 12.36 in 2023 but otherwise remained in a low range, ending at 4.58 in 2026. These figures suggest a fundamentally different asset-to-revenue structure in Western markets compared to the high-velocity turnover seen in the Asian sector.
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Area Asset Turnover: China
Lam Research Corp.; China; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 7,859,811) | 6,205,062) | 6,293,990) | 4,462,663) | 5,411,502) | 5,137,886) |
| Long-lived assets | 6,527) | 8,567) | 6,390) | 8,865) | 7,214) | 9,301) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1,204.20 | 724.30 | 984.97 | 503.40 | 750.14 | 552.40 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 7,859,811 ÷ 6,527 = 1,204.20
The financial performance in the China region is characterized by significant revenue volatility and an exceptionally high asset turnover ratio. While revenue demonstrates a general upward trajectory over the analyzed period, the long-lived asset base remains minimal and fluctuates, resulting in extreme spikes in operational efficiency.
- Revenue Trends
- Revenue grew from US$ 5,137.89 million in 2021 to a projected US$ 7,859.81 million by 2026. A notable contraction occurred in 2023, where revenue fell to US$ 4,462.66 million, representing the lowest point in the period. This was followed by a sharp recovery in 2024, reaching US$ 6,293.99 million, and a further projected increase by 2026.
- Long-Lived Asset Dynamics
- Long-lived assets have remained consistently low relative to revenue, fluctuating between a high of US$ 9.30 million in 2021 and a low of US$ 6.39 million in 2024. No sustained growth trend is evident in the asset base; instead, the values show a cyclical pattern of decrease and increase, ending with a projected decrease to US$ 6.53 million by 2026.
- Area Asset Turnover Analysis
- The area asset turnover ratio exhibits extreme volatility and an unusually high magnitude, indicating a lean asset model in the region. The ratio dropped to its lowest point of 503.40 in 2023, coinciding with the revenue dip. However, it recovered sharply to 984.97 in 2024 and is projected to reach a peak of 1,204.20 by 2026. This trend suggests that the region is capable of generating massive revenue streams with negligible investment in long-lived physical infrastructure.
Overall, the analysis reveals a highly efficient operational model in China, where revenue growth is not dependent on the expansion of long-lived assets. The extreme fluctuations in the turnover ratio are driven more by shifts in annual revenue and minor adjustments in the asset base than by systemic changes in capital investment.
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Area Asset Turnover: Taiwan
Lam Research Corp.; Taiwan; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 5,222,915) | 3,445,220) | 1,671,815) | 3,477,862) | 2,936,482) | 2,117,999) |
| Long-lived assets | 176,537) | 96,458) | 98,268) | 65,432) | 72,845) | 47,279) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 29.59 | 35.72 | 17.01 | 53.15 | 40.31 | 44.80 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 5,222,915 ÷ 176,537 = 29.59
The financial performance within the Taiwan geographic area is characterized by significant volatility in revenue generation and a strategic expansion of the long-lived asset base, leading to fluctuating asset utilization efficiency over the observed six-year period.
- Revenue Performance
- Revenue exhibited a strong upward trajectory from June 2021 through June 2023, rising from US$ 2.12 billion to a peak of US$ 3.48 billion. A sharp contraction occurred in June 2024, where revenue fell to US$ 1.67 billion, representing a decline of approximately 52% from the previous year. However, a robust recovery followed, with revenue climbing to US$ 3.45 billion in June 2025 and reaching a period high of US$ 5.22 billion by June 2026.
- Long-lived Asset Investment
- The investment in long-lived assets shows a general expansionary trend. Assets grew from US$ 47.28 million in 2021 to US$ 98.27 million by June 2024. Notably, the asset base continued to increase even during the 2024 revenue downturn. A substantial capital expansion is evident in June 2026, where long-lived assets surged to US$ 176.54 million, nearly doubling the previous year's levels.
- Area Asset Turnover Analysis
- The asset turnover ratio demonstrates an inconsistent pattern of efficiency. The ratio peaked in June 2023 at 53.15, indicating optimal utilization of assets to generate sales. This was followed by a significant drop to 17.01 in June 2024, the lowest point in the series, caused by the simultaneous collapse in revenue and an increase in the asset base. While the ratio recovered to 35.72 in June 2025, it declined slightly to 29.59 by June 2026. This final decrease suggests that the massive increase in long-lived assets in 2026 outpaced the growth in revenue, resulting in a temporary dilution of asset productivity.
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Area Asset Turnover: Korea
Lam Research Corp.; Korea; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 4,505,327) | 4,127,766) | 2,874,015) | 3,551,742) | 4,037,467) | 3,924,685) |
| Long-lived assets | 346,247) | 299,497) | 262,405) | 215,898) | 183,809) | 62,502) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 13.01 | 13.78 | 10.95 | 16.45 | 21.97 | 62.79 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 4,505,327 ÷ 346,247 = 13.01
The financial performance in Korea is characterized by a significant expansion of the asset base coupled with fluctuating revenue streams, resulting in a substantial decline in asset utilization efficiency over the observed period.
- Revenue Trends
- Revenue experienced moderate growth between 2021 and 2022, followed by a downward trajectory that reached a low of US$ 2,874,015 thousand in June 2024. A strong recovery is observed in the final two years, with revenue climbing to US$ 4,505,327 thousand by June 2026, representing a recovery beyond pre-2023 levels.
- Long-lived Asset Growth
- There is a consistent and aggressive increase in long-lived assets. From a base of US$ 62,502 thousand in 2021, assets grew rapidly to US$ 183,809 thousand by 2022 and continued a steady upward climb to reach US$ 346,247 thousand by June 2026. This indicates a sustained period of capital investment in the region.
- Area Asset Turnover Analysis
- The area asset turnover ratio demonstrates a sharp contraction, falling from a high of 62.79 in 2021 to a minimum of 10.95 in 2024. This decline is attributed to the rapid scaling of long-lived assets outpacing revenue growth. While the ratio showed a slight recovery to 13.78 in 2025, it remained significantly lower than historical levels, ending at 13.01 in 2026.
The divergence between the exponential growth in long-lived assets and the volatile revenue performance suggests a strategic transition toward increased capacity in Korea. The initial collapse in the turnover ratio reflects the lag between capital deployment and the subsequent realization of revenue growth seen in 2025 and 2026.
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Area Asset Turnover: Japan
Lam Research Corp.; Japan; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 2,171,088) | 1,880,882) | 1,460,429) | 1,758,364) | 1,624,573) | 1,363,907) |
| Long-lived assets | 16,512) | 8,638) | 7,858) | 8,452) | 8,406) | 13,149) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 131.49 | 217.75 | 185.85 | 208.04 | 193.26 | 103.73 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 2,171,088 ÷ 16,512 = 131.49
The financial performance in Japan demonstrates a period of significant operational efficiency followed by a substantial expansion of the asset base. While revenue has exhibited a general upward trajectory over the analyzed period, the area asset turnover ratio has fluctuated based on the relationship between top-line growth and the management of long-lived assets.
- Revenue Trends
- Revenue grew steadily from 1,363,907 thousand USD in June 2021 to a peak of 1,758,364 thousand USD in June 2023. A temporary contraction occurred in June 2024, with revenue declining to 1,460,429 thousand USD, before rebounding strongly to reach 2,171,088 thousand USD by June 2026. This indicates a resilient market presence with a strong recovery following the 2024 downturn.
- Long-lived Assets Management
- A notable reduction in long-lived assets occurred between June 2021 and June 2022, falling from 13,149 thousand USD to 8,406 thousand USD. Asset levels remained relatively stable and lean through June 2025. However, a sharp increase is observed in June 2026, where assets nearly doubled to 16,512 thousand USD, suggesting a significant capital investment or infrastructure expansion in the region.
- Area Asset Turnover Analysis
- The area asset turnover ratio experienced a dramatic increase from 103.73 in 2021 to a peak of 217.75 in 2025. This surge in efficiency was driven by the combination of rising revenues and a reduced asset base. Despite the record revenue achieved in June 2026, the turnover ratio declined sharply to 131.49, as the substantial increase in long-lived assets outpaced the growth in revenue for that period.
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Area Asset Turnover: United States
Lam Research Corp.; United States; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 1,528,912) | 1,376,857) | 1,104,087) | 1,665,136) | 1,147,346) | 672,716) |
| Long-lived assets | 2,003,371) | 1,716,574) | 1,582,103) | 1,367,534) | 1,276,274) | 1,137,490) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 0.76 | 0.80 | 0.70 | 1.22 | 0.90 | 0.59 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,528,912 ÷ 2,003,371 = 0.76
The financial trajectory for operations in the United States is characterized by a period of rapid scaling and peak efficiency followed by a correction and subsequent stabilization. While revenue and asset utilization exhibited significant volatility between 2021 and 2024, the overall asset base maintained a consistent upward trend throughout the period.
- Revenue Performance
- Revenue experienced a sharp increase from $672.7 million in 2021 to a peak of $1.67 billion in 2023. This growth was followed by a significant contraction in 2024, with revenue falling to $1.10 billion. A recovery trend is observed in the subsequent years, with figures rising to $1.38 billion in 2025 and reaching $1.53 billion by June 2026.
- Long-Lived Asset Expansion
- A steady and uninterrupted growth pattern is observed in long-lived assets. The asset base increased from $1.14 billion in 2021 to $2.00 billion by June 2026. This continuous investment suggests a strategic commitment to expanding infrastructure and capacity regardless of short-term fluctuations in top-line revenue.
- Area Asset Turnover Efficiency
- The asset turnover ratio demonstrates a strong correlation with revenue volatility. Efficiency improved significantly from 0.59 in 2021 to a peak of 1.22 in 2023, marking the period of highest productivity per unit of asset. However, the ratio dropped sharply to 0.70 in 2024, driven by the simultaneous occurrence of declining revenue and increasing asset costs. In the final two years of the period, the ratio stabilized between 0.76 and 0.80, indicating a normalization of asset productivity.
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Area Asset Turnover: Southeast Asia
Lam Research Corp.; Southeast Asia; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 1,245,931) | 837,242) | 794,054) | 1,354,471) | 1,357,648) | 945,478) |
| Long-lived assets | 651,935) | 451,283) | 390,514) | 339,415) | 248,029) | 129,881) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1.91 | 1.86 | 2.03 | 3.99 | 5.47 | 7.28 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,245,931 ÷ 651,935 = 1.91
The financial trajectory for the Southeast Asia region is characterized by a significant divergence between long-term asset investment and revenue generation. While the asset base has expanded consistently and aggressively, revenue has experienced substantial volatility, leading to a marked decline in asset utilization efficiency over the observed six-year period.
- Revenue Performance
- Revenue increased from 945.5 million USD in 2021 to a peak of 1.36 billion USD in 2022. After remaining relatively flat in 2023, a sharp contraction occurred in 2024, with revenue falling to 794.1 million USD. A recovery trend emerged in 2025 and accelerated into 2026, with revenue reaching 1.25 billion USD.
- Long-Lived Asset Expansion
- A consistent upward trend is observed in long-lived assets, which grew from 129.9 million USD in 2021 to 651.9 million USD by 2026. This represents a steady increase in capital commitment to the region, indicating a long-term strategic expansion of infrastructure that persisted despite fluctuations in annual revenue.
- Area Asset Turnover Analysis
- The area asset turnover ratio declined steeply from 7.28 in 2021 to 1.91 in 2026. The most rapid deterioration occurred between 2023 and 2024, as the asset base continued to grow while revenue plummeted. The stabilization of the ratio between 2024 and 2026 suggests a period of adjustment where revenue recovery is beginning to catch up with the expanded asset capacity, although efficiency remains significantly lower than the 2021 levels.
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Area Asset Turnover: Europe
Lam Research Corp.; Europe; area asset turnover calculation
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 698,706) | 562,562) | 706,996) | 1,158,278) | 712,021) | 463,479) |
| Long-lived assets | 152,702) | 134,707) | 115,316) | 93,732) | 77,658) | 77,661) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 4.58 | 4.18 | 6.13 | 12.36 | 9.17 | 5.97 |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
1 2026 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 698,706 ÷ 152,702 = 4.58
The financial performance in the European region is characterized by a period of rapid growth followed by a contraction in operational efficiency, occurring alongside a consistent expansion of the long-lived asset base.
- Revenue Trends
- Revenue experienced a significant upward trajectory between 2021 and 2023, peaking at 1,158,278 thousand US dollars. A subsequent decline occurred through 2025, with values dropping to 562,562 thousand US dollars, before a recovery phase began in 2026, bringing revenue back up to 698,706 thousand US dollars.
- Long-lived Asset Growth
- A steady and uninterrupted increase in long-lived assets is observed throughout the period. Asset values rose from 77,661 thousand US dollars in 2021 to 152,702 thousand US dollars by 2026. This indicates a sustained investment in regional infrastructure and capacity that continued independently of revenue volatility.
- Area Asset Turnover Analysis
- The area asset turnover ratio exhibits a sharp peak and subsequent decline. Efficiency climbed from 5.97 in 2021 to a high of 12.36 in 2023. However, the combination of contracting revenues and an expanding asset base caused the ratio to fall sharply to 4.18 by 2025. A marginal improvement to 4.58 was recorded in 2026, suggesting a slow stabilization of asset productivity.
The data reveals a divergence between capital expenditure and revenue generation. The continuous accumulation of long-lived assets during a period of revenue decline led to a substantial reduction in the asset turnover ratio, indicating that the regional infrastructure expanded faster than the market demand could support during the 2024-2025 period.
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Revenue
Lam Research Corp., revenue by geographic area
US$ in thousands
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| China | 7,859,811) | 6,205,062) | 6,293,990) | 4,462,663) | 5,411,502) | 5,137,886) |
| Taiwan | 5,222,915) | 3,445,220) | 1,671,815) | 3,477,862) | 2,936,482) | 2,117,999) |
| Korea | 4,505,327) | 4,127,766) | 2,874,015) | 3,551,742) | 4,037,467) | 3,924,685) |
| Japan | 2,171,088) | 1,880,882) | 1,460,429) | 1,758,364) | 1,624,573) | 1,363,907) |
| United States | 1,528,912) | 1,376,857) | 1,104,087) | 1,665,136) | 1,147,346) | 672,716) |
| Southeast Asia | 1,245,931) | 837,242) | 794,054) | 1,354,471) | 1,357,648) | 945,478) |
| Europe | 698,706) | 562,562) | 706,996) | 1,158,278) | 712,021) | 463,479) |
| Total | 23,232,690) | 18,435,591) | 14,905,386) | 17,428,516) | 17,227,039) | 14,626,150) |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
Total revenue exhibits a cyclical trajectory, characterized by steady growth through 2023, a contraction in 2024, and a projected significant expansion through 2026. Aggregate revenue is expected to increase from US$ 14.6 billion in 2021 to US$ 23.2 billion by 2026, reflecting an overall upward long-term trend despite intermittent volatility.
- East Asian Market Dominance
- China, Taiwan, and Korea serve as the primary revenue drivers. China consistently remains the largest single market, growing from US$ 5.1 billion in 2021 to a projected US$ 7.8 billion in 2026. Taiwan demonstrates the most significant volatility among all regions, experiencing a sharp decline to US$ 1.6 billion in 2024 before a rapid projected ascent to US$ 5.2 billion by 2026.
- Regional Performance Trends
- Revenue from Korea and Japan shows more moderate fluctuations compared to the Chinese and Taiwanese markets. Korea experienced a gradual decline through 2024, dropping to US$ 2.8 billion, before recovering to a projected US$ 4.5 billion in 2026. Japan has maintained a more consistent growth path, increasing from US$ 1.3 billion in 2021 to US$ 2.1 billion in 2026.
- Secondary Market Analysis
- The United States, Southeast Asia, and Europe contribute smaller proportions of total revenue. The United States market peaked in 2023 at US$ 1.6 billion and is projected to stabilize around US$ 1.5 billion by 2026. Southeast Asia followed the general corporate trend of a 2024 dip followed by recovery. Europe showed a peak in 2023 of US$ 1.1 billion but has since entered a downward trend, with projected revenue of US$ 698 million in 2026.
The geographic distribution of revenue highlights a heavy strategic reliance on the East Asian semiconductor ecosystem. The correlation between the 2024 total revenue dip and declines in Taiwan, Korea, and Southeast Asia suggests a synchronized regional downturn, while the projected 2026 surge is largely driven by anticipated growth in China and Taiwan.
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Long-lived assets
Lam Research Corp., long-lived assets by geographic area
US$ in thousands
| Jun 28, 2026 | Jun 29, 2025 | Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | |
|---|---|---|---|---|---|---|
| China | 6,527) | 8,567) | 6,390) | 8,865) | 7,214) | 9,301) |
| Taiwan | 176,537) | 96,458) | 98,268) | 65,432) | 72,845) | 47,279) |
| Korea | 346,247) | 299,497) | 262,405) | 215,898) | 183,809) | 62,502) |
| Japan | 16,512) | 8,638) | 7,858) | 8,452) | 8,406) | 13,149) |
| United States | 2,003,371) | 1,716,574) | 1,582,103) | 1,367,534) | 1,276,274) | 1,137,490) |
| Southeast Asia | 651,935) | 451,283) | 390,514) | 339,415) | 248,029) | 129,881) |
| Europe | 152,702) | 134,707) | 115,316) | 93,732) | 77,658) | 77,661) |
| Total | 3,353,831) | 2,715,724) | 2,462,854) | 2,099,328) | 1,874,235) | 1,477,263) |
Based on: 10-K (reporting date: 2026-06-28), 10-K (reporting date: 2025-06-29), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27).
Total long-lived assets exhibit a consistent and significant upward trajectory, increasing from US$ 1,477.26 million in June 2021 to US$ 3,353.83 million by June 2026. This represents a total growth of approximately 126% over the analyzed period, indicating a strategic expansion of the global infrastructure and capital investment base.
- North American Concentration
- The United States remains the primary location for long-lived assets, maintaining the largest share throughout the period. Assets in this region grew steadily from US$ 1,137.49 million in 2021 to US$ 2,003.37 million in 2026. The US continues to serve as the central hub for the asset portfolio, though its relative percentage of the total asset base has slightly decreased as international investments have accelerated.
- Strategic Expansion in Asia-Pacific
- Significant growth is observed across several Asian markets, most notably in Korea and Southeast Asia. Assets in Korea increased more than fivefold, rising from US$ 62.50 million in 2021 to US$ 346.25 million in 2026. Southeast Asia showed the most aggressive growth rate, expanding from US$ 129.88 million to US$ 651.94 million over the same timeframe. Taiwan also experienced a substantial increase, particularly between 2025 and 2026, where assets rose from US$ 96.46 million to US$ 176.54 million.
- Regional Stagnation and Volatility
- In contrast to the growth in other regions, China demonstrates a lack of sustained investment. Assets in China fluctuated between US$ 6.39 million and US$ 9.30 million, ending the period at US$ 6.53 million, which is lower than the 2021 baseline. Japan remained relatively stagnant for several years, with assets hovering around US$ 8 million before a sharp increase to US$ 16.51 million in 2026.
- European Market Growth
- Europe shows a pattern of steady, incremental growth. Long-lived assets in this region increased from US$ 77.66 million in 2021 to US$ 152.70 million in 2026, reflecting a consistent but more conservative expansion strategy compared to the Asian markets.
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