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Revenues (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021

 

 

December

31, 2020

 

 

December

31, 2019

 

Net revenues by geographical region of shipment(1)

 

 

 

 

 

 

 

 

 

 

 

 

EMEA

 

 

2,557

 

 

 

1,966

 

 

 

2,265

 

Americas

 

 

1,525

 

 

 

1,165

 

 

 

1,351

 

Asia Pacific

 

 

8,679

 

 

 

7,088

 

 

 

5,940

 

Total net revenues

 

 

12,761

 

 

 

10,219

 

 

 

9,556

 

Net revenues by nature

 

 

 

 

 

 

 

 

 

 

 

 

Revenues from sale of products

 

 

12,560

 

 

 

10,049

 

 

 

9,381

 

Revenues from sale of services

 

 

169

 

 

 

132

 

 

 

148

 

Other revenues

 

 

32

 

 

 

38

 

 

 

27

 

Total net revenues

 

 

12,761

 

 

 

10,219

 

 

 

9,556

 

Net revenues by market channel(2)

 

 

 

 

 

 

 

 

 

 

 

 

Original Equipment Manufacturers (“OEM”)

 

 

8,486

 

 

 

7,411

 

 

 

6,720

 

Distribution

 

 

4,275

 

 

 

2,808

 

 

 

2,836

 

Total net revenues

 

 

12,761

 

 

 

10,219

 

 

 

9,556

 

 

(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 refers to the distributors and representatives that the Company engages to distribute its products around the world.