Revenues (Tables)

12 Months Ended

Dec. 31, 2022

Revenue From Contract With Customer [Abstract]

Summary of Consolidated Net Revenues Disaggregated by Reportable Segment, Geographical Region of Shipment, Nature and Market Channel

The following tables present the Company’s consolidated net revenues disaggregated by geographical region of shipment, nature and market channel:

	Year ended
	December 31, 2022		December 31, 2021		December 31, 2020
Net revenues by geographical region of shipment⁽¹⁾
EMEA		3,619		2,557		1,966
Americas		2,310		1,525		1,165
Asia Pacific		10,199		8,679		7,088
Total net revenues		16,128		12,761		10,219
Net revenues by nature
Revenues from sale of products		15,953		12,560		10,049
Revenues from sale of services		130		169		132
Other revenues		45		32		38
Total net revenues		16,128		12,761		10,219
Net revenues by market channel⁽²⁾
Original Equipment Manufacturers (“OEM”)		10,764		8,486		7,411
Distribution		5,364		4,275		2,808
Total net revenues		16,128		12,761		10,219

(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. Furthermore, the Company, among the different periods, may be affected by shifts in shipments from one location to another, as requested by customers.

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