v3.25.4
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Net Revenues by Product Segment and by Product Line
Net revenues by reportable segment:
December 31,
2025		December 31,
2024		December 31,
2023
AM&S5,0855,4296,232
P&D1,6852,4613,098
EMP3,5803,8536,353
RFOC1,4361,5111,587
Total net revenues of reportable segments11,78613,25417,270
Others (1)
141516
Total consolidated net revenues11,80013,26917,286
(1)Net revenues of “Others” include revenues from sales assembly services and other revenues. For the computation of the segments’ internal financial measurements, the Company uses certain internal rules of allocation for the costs not directly chargeable to the segments, including cost of sales, SG&A expenses and a part of R&D expenses. In compliance with the Company’s internal policies, certain costs are not allocated to the segments, but reported in “Others”.
Operating Income by Segment and Reconciliation of Operating Income of Reportable Segments to Total Consolidated Operating Income
Operating income by reportable segment:
December 31,
2025		December 31,
2024		December 31,
2023
AM&S6238751,491
P&D(275)263706
EMP5366842,307
RFOC265379521
Total operating income of reportable segments1,1492,2015,025
Others (1)
(974)(525)(414)
Total consolidated operating income 1751,6764,611
(1)Operating income (loss) of “Others” includes items such as unused capacity charges, incidents leading to power outage, impairment, restructuring charges and other related phase-out costs, management reorganization costs, start-up costs, and other unallocated income (expenses) such as: strategic or special research and development programs, certain corporate-level operating expenses, patent claims and litigations, and other costs that are not allocated to reportable segments (e.g. urgent freight costs, changes in fair value measurement on contingent consideration liabilities), as well as operating earnings of other products.
The reconciliation of operating income of reportable segments to the total consolidated operating income is presented in the below table:
December 31,
2025		December 31,
2024		December 31,
2023
Total operating income of reportable segments1,149 2,201 5,025 
Impairment, restructuring charges and
   other related phase-out costs		(376)— — 
Impairment loss on intangible assets acquired
   through business combinations		— — (36)
Start-up costs(7)(69)(134)
Unused capacity charges(416)(370)(120)
Other unallocated manufacturing results(169)(63)(94)
Gain on sale of non-current assets5 2 4 
Cancellation and postponement fees— (18)— 
Strategic and other research and development
   programs and other non-allocated items
(11)(7)(34)
Total operating loss Others(974)(525)(414)
Total consolidated operating income175 1,676 4,611 
Net Revenues
Net revenues
December 31,
2025		December 31,
2024		December 31,
2023
Switzerland2,948 3,944 5,755 
France112 147 158 
Italy35 34 54 
USA1,520 1,668 2,279 
Singapore6,563 6,808 8,138 
Japan612 657 890 
Other countries10 11 12 
Total net revenues11,800 13,269 17,286 
Property, Plant & Equipment
Property, plant and equipment, net

December 31,
2025		December 31,
2024
The Netherlands4,073 4,168 
France1,496 1,617 
Italy2,631 2,233 
Other European countries195 162 
USA43 52 
Singapore1,258 1,384 
China671 525 
Malaysia417 464 
Other countries274 272 
Total property, plant and equipment, net11,058 10,877