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Business Segments, Customer Concentrations and Geographic Information
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Business Segments, Customer Concentrations and Geographic Information
Business Segments, Customer Concentrations and Geographic Information

We operate as a single operating segment as managed by our Chief Executive Officer, who is considered our chief operating decision maker ("CODM"). The CODM bears the ultimate responsibility for, and is actively engaged in, the allocation of resources and the evaluation of our operating and financial results. We have concluded that we have a single operating segment based on the following:
We are managed under a functionally-based organizational structure with the head of each function reporting directly to the CODM;
We assess performance, including incentive compensation, based on consolidated operating performance and financial results;
Our CODM allocates resources and makes other operating decisions based on specific customer business opportunities and
We have an integrated process for the design, development and manufacturing services we provide to all of our customers. We also have centralized sales and administrative functions.
Net sales by product group consist of the following:
 
For the Year Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands)
Advanced Products
$
2,118,571

 
$
1,966,483

 
$
1,703,052

Mainstream Products
2,197,895

 
2,240,548

 
2,224,797

Total net sales
$
4,316,466

 
$
4,207,031

 
$
3,927,849



(1)
Advanced products include flip chip and wafer-level processing and related test services.
(2)
Mainstream products include wirebond packaging and related test services.
Net sales by end market consist of the following:
 
For the Year Ended December 31,
 
2018
 
2017
 
2016
Communications (smartphones, tablets, handheld devices)
44
%
 
43
%
 
42
%
Automotive, industrial and other (driver assist, infotainment, safety, performance)
26
%
 
26
%
 
26
%
Computing (datacenter, infrastructure, PC/laptop, storage)
18
%
 
18
%
 
18
%
Consumer (set-top boxes, televisions, connected home, personal electronics, visual imaging)
12
%
 
13
%
 
14
%
Total net sales
100
%
 
100
%
 
100
%


Net sales by region based on customer headquarters location consist of the following:
 
For the Year Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands)
Japan
$
1,156,797

 
$
1,210,296

 
$
1,162,729

Europe, Middle East and Africa
605,932

 
540,126

 
490,738

Asia Pacific (excluding Japan)
535,894

 
837,014

 
630,837

Total foreign countries
2,298,623

 
2,587,436

 
2,284,304

United States
2,017,843

 
1,619,595

 
1,643,545

Total net sales
$
4,316,466

 
$
4,207,031

 
$
3,927,849



One customer accounted for 10.2%, 14.3%, and 15.7% of net sales in 2018, 2017 and 2016, respectively. A second customer accounted for 12.9% of net sales in 2016.

Property, plant and equipment, net, based on physical location, consist of the following:
 
December 31,
 
2018
 
2017
 
(In thousands)
China
$
472,858

 
$
528,739

Japan
219,373

 
246,223

Korea
1,213,838

 
1,131,271

Malaysia
47,491

 
47,922

Philippines
270,562

 
309,425

Portugal
63,323

 
64,578

Taiwan
352,576

 
356,174

Other foreign countries
170

 
216

Total foreign countries
2,640,191

 
2,684,548

United States
10,257

 
10,517

Total property, plant and equipment, net
$
2,650,448

 
$
2,695,065