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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2012
Segment and Geographic Information [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 12—SEGMENT AND GEOGRAPHIC INFORMATION

The Company reports segment data based on the management approach, which designates the internal reporting that is used by management for making operating and investment decisions and evaluating performance as the source of the Company’s reportable segments. The Company uses one measurement of profitability and does not disaggregate its business for internal reporting. The Company has determined that it operates in one segment, providing wireless handsets and accessories to carriers, distributors and OEM customers in Latin America, Asia Pacific, Europe, Africa and the United States. The following table summarizes the Company’s net sales by geographic area for the years ended December 31, 2012, 2011 and 2010 (in thousands):

 

                         
    2012     2011     2010  

Central America

   $ 11,767     $ 11,755     $ 9,935  

U.S.-based distributors selling to Latin America

     6,295       5,321       241  

South America

     8,633       14,813       61,224  

Asia Pacific

     430       908       1,130  

EMEA

     4,799       1,090       —  

Mexico

     1,960       997       —  

United States

     410       —       —  
   

 

 

    

 

 

    

 

 

  

Total

   $ 34,294     $ 34,884     $ 72,530  
   

 

 

    

 

 

    

 

 

  

During the years ended December 31, 2012, 2011, and 2010, sales to customers in Argentina represented 2%, 25% and 71% of the Company’s consolidated net revenue. In 2012, sales to U.S.-based distributors who sell into the open market in Central America and sales to a carrier customer in Peru represented 18% and 11%, respectively. Sales in no other individual country amounted to 10% or more of the Company’s consolidated net revenue in any of the three years.

Fixed assets, which represent approximately 2% of the Company’s net assets, are principally located in the Company’s offices in the United States or in China at the Company’s R&D office or contract manufacturing facilities.