Revenues (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020		December 31, 2019		December 31, 2018
Net revenues by geographical region of shipment⁽¹⁾
EMEA		1,966		2,265		2,478
Americas		1,165		1,351		1,264
Asia Pacific		7,088		5,940		5,922
Total revenues		10,219		9,556		9,664
Net revenues by nature
Revenues from sale of products		10,049		9,381		9,461
Revenues from sale of services		132		148		151
Other revenues		38		27		52
Total revenues		10,219		9,556		9,664
Net revenues by market channel⁽²⁾
Original Equipment Manufacturers (“OEM”)		7,411		6,720		6,325
Distribution		2,808		2,836		3,339
Total revenues		10,219		9,556		9,664

(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.