Revenues (Tables)

12 Months Ended

Dec. 31, 2019

Revenue From Contract With Customer [Abstract]

Summary of Consolidated Net Revenues Disaggregated by Product Group, Geographical Region of Shipment and Nature

The following tables present the Company’s consolidated net revenues disaggregated by geographical region of shipment and nature.

	Year ended
	December 31, 2019		December 31, 2018		December 31, 2017
Net revenues by geographical region of shipment⁽¹⁾
EMEA		2,265		2,478		2,142
Americas		1,351		1,264		1,085
Asia Pacific		5,940		5,922		5,120
Total revenues		9,556		9,664		8,347
Net revenues by nature
Revenues from sale of products		9,381		9,461		8,175
Revenues from sale of services		148		151		133
Other revenues		27		52		39
Total revenues		9,556		9,664		8,347
Net revenues by market channel⁽²⁾
Original Equipment Manufacturers (“OEM”)		6,720		6,325		5,549
Distribution		2,836		3,339		2,798
Total revenues		9,556		9,664		8,347

(1)

Net revenues by geographical region of shipment are classified by location of customer invoiced or reclassified by shipment destination in line with customer demand. For example, products ordered by U.S.-based companies to be invoiced to Asia Pacific affiliates are classified as Asia Pacific revenues.

(2)	Original Equipment Manufacturers (“OEM”) are the end-customers to which the Company provides direct marketing application engineering support, while Distribution customers refers to the distributors and representatives that the Company engages to distribute its products around the world.