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INFORMATION ON GEOGRAPHIC AREAS AND MAJOR CUSTOMERS
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
INFORMATION ON GEOGRAPHIC AREAS AND MAJOR CUSTOMERS

NOTE 16:  INFORMATION ON GEOGRAPHIC AREAS AND MAJOR CUSTOMERS

A.Revenues by Geographic Area - as Percentage of Total Revenue

Years ended December 31, 2021, 2020 and 2019:

Details

  

2021

    

2020

    

2019

  

USA

    

41

%

    

44

%

    

52

%

Japan

    

22

      

28

      

29

  

Asia (other than Japan)

    

30

      

22

      

15

  

Europe

    

7

      

6

      

4

  

Total

    

100

%

    

100

%

    

100

%

The basis of attributing revenues from external customers to geographic area is based on the headquarters location of the customer issuing the purchase order; actual delivery may be shipped to another geographic area per customer request.

B.Long-Lived Assets by Geographic Area

Substantially all of Tower’s long-lived assets are located in Israel, substantially all of TSNB’s and TSSA’s long-lived assets are located in the United States and substantially all of TPSCo’s long-lived assets are located in Japan.

As of December 31, 2021 and 2020:

Details

  

2021

    

2020

  

Israel

  

$

238,758

    

$

215,006

  

United States

    

264,038

      

234,902

  

Japan

    

373,887

      

389,263

  
   

$

876,683

    

$

839,171

  

C.Major Customers - as Percentage of Net Accounts Receivable Balance

As of December 31, 2021, one customer exceeded 10% of the net accounts receivable balance and represented 14% of such balance. As of December 31, 2020, two customers exceeded 10% of the net accounts receivable balance and represented 13% and 12% of such balance.

D.Major Customers - as Percentage of Total Revenue

Years ended December 31, 2021, 2020 and 2019:

Details

  

2021

    

2020

    

2019

  

Customer A

    

21

%

    

25

%

    

27

%

Customer B

    

13

      

11

      

7

  

Other customers *

    

20

      

24

      

26

  

 

*

Represents aggregated revenue to four customers that accounted for between 4% and 7% of total revenue during 2021, to four customers that accounted for between 5% and 7% of total revenue during 2020, and to four customers that accounted for between 5% and 9% of total revenue during 2019.