Segment and geographical information

Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and in assessing performance.

We are organized as, and operate in,

one

reportable segment. Our operating segment consists of our geographically based entities in the United States, Israel and Singapore. Our chief operating decision-maker reviews consolidated financial information, accompanied by information about revenue by product group, target market and geographic region. We do

not

assess the performance of our geographic regions on other measures of income, expense or net income.

Our net revenue is derived principally from the sales of integrated SoC solutions, which we sell across both of our target markets. Connected Smart TV Platforms consist of

all products that are sold into digital televisions as well as other adjacent markets using chipset products that are designed for video post-processing, products delivering IP streaming video, including hybrid versions of these products, and communication devices that use a standard protocol to connect equipment inside the home and stream IP-based video and audio, VoIP, or data through wired or wireless connectivity.

IoT Devices consist of both smart home applications (including gateways and automated consumer devices) and mobile IoT applications (primarily tracking tags). Our smart home product line is marketed under our Z-Wave brand of wireless chips, modules and Z-Wave mesh networking protocol

Our License and other markets include revenue derived from the licensing of our technology to

third

parties and other sources. Revenue derived from other sources includes software development kits, and engineering support services for hardware and

software;

that revenue is

not

significant as it represented

zero

of our total net revenue

for the

three

and

nine

months ended

October 28, 2017,

respectively; and

zero

and

0.2%

of our total net revenue

for the

three

and

nine

months ended

October 29, 2016,

respectively.

The following table sets forth net revenue attributable to each target market (in thousands):

	Three Months Ended				Nine Months Ended
	October 2 8 , 201 7		October 29 , 201 6		October 2 8 , 201 7		October 29 , 201 6
Connected Smart TV Platforms	$	19,435	$	50,014	$	73,436	$	145,400
IoT Devices		14,427		12,715		39,498		32,120
License and other		-		-		-		300
Net revenue	$	33,862	$	62,729	$	112,934	$	177,820

The following table sets forth net revenue for each geographic region based on the ship-to location of customers (in thousands):

	Three Months Ended				Nine Months Ended
	October 28 , 201 7		October 29 , 201 6		October 28 , 201 7		October 29 , 201 6
Asia	$	29,245	$	50,569	$	95,740	$	144,483
North America		2,406		9,861		10,752		27,867
Europe		2,211		2,297		6,442		5,454
Other regions		-		2		-		16
Net revenue	$	33,862	$	62,729	$	112,934	$	177,820

The following table sets forth net revenue for each significant country based on the ship-to location of customers (in thousands):

	Three Months Ended				Nine Months Ended
	October 28 , 201 7		October 29 , 201 6		October 28 , 201 7		October 29 , 201 6
China, including Hong Kong	$	15,363	$	26,218	$	55,818	$	86,785
Taiwan		10,442		19,662		29,199		43,617
United States		2,096		9,775		9,748		27,633
Republic of Korea		2,057		1,923		5,844		5,040
Poland		1,436		1,087		4,383		2,718
Thailand		-		1,884		1,852		7,621
Rest of the world		2,468		2,180		6,090		4,406
Net revenue	$	33,862	$	62,729	$	112,934	$	177,820

During the

three

months ended

October 28, 2017,

Sunjet Components Corporation accounted for

24%

of our net revenue. During the

nine

months ended

October 28, 2017,

Sunjet Components Corporation, Silicon Application and Arris Global accounted for

22%,

13%

and

11%

of our net revenue, respectively. During the

three

months ended

October 29, 2016,

Sunjet Components Corporation and Arris Global accounted for

29%

and

18%

of our net revenue, respectively. During the

nine

months ended

October 29, 2016,

Sunjet Components Corporation, Arris Global, Silicon Application and Arrow Electronics accounted for

21%,

13%,

12%

and

10%

of our net revenue, respectively.