12.

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

six

months ended

July 29, 2017,

respectively; and

0.2%

and

0.3%

of our total net revenue

for the

three

and

six

months ended

July 30, 2016.

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

	Three Months Ended				Six Months Ended
	July 29 , 201 7		July 30 , 201 6		July 29 , 201 7		July 30 , 201 6
Connected Smart TV Platforms	$	26,111	$	51,678	$	54,001	$	95,386
IoT Devices		13,397		9,488		25,071		19,405
License and other		-		150		-		300
Net revenue	$	39,508	$	61,316	$	79,072	$	115,091

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

	Three Months Ended				Six Months Ended
	July 29 , 201 7		July 30 , 201 6		July 29 , 201 7		July 30 , 201 6
Asia	$	34,573	$	47,873	$	66,495	$	93,914
North America		2,527		11,391		8,346		18,006
Europe		2,408		2,038		4,231		3,157
Other Regions		-		14		-		14
Net revenue	$	39,508	$	61,316	$	79,072	$	115,091

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

	Three Months Ended				Six Months Ended
	July 29 , 201 7		July 30 , 201 6		July 29 , 201 7		July 30 , 201 6
China, including Hong Kong	$	18,665	$	33,110	$	40,455	$	60,567
Taiwan		11,806		9,991		18,757		23,955
United States		2,132		11,269		7,652		17,858
Republic of Korea		2,112		1,606		3,787		3,117
Thailand		998		2,916		1,852		5,737
Rest of the world		3,795		2,424		6,569		3,857
Net revenue	$	39,508	$	61,316	$	79,072	$	115,091

During the

three

months ended

July 29, 2017,

Sunjet Components Corporation, Silicon Application and Arris Global accounted for

27%,

14%

and

11%

of our net revenue, respectively. During the

six

months ended

July 29, 2017,

Sunjet Components Corporation, Silicon Application and Arris Global accounted for

21%,

15%

and

15%

of our net revenue, respectively. During the

three

months ended

July 30, 2016,

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

18%,

15%

and

13%

of our net revenue, respectively. During the

six

months ended

July 30, 2016,

Sunjet Components Corporation and Silicon Application accounted for

17%

and

15%

of our net revenue, respectively.