v3.26.1
Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment  
Schedule of property, plant and equipment

Prepayments

for purchase

Research

Office

of equipment

Building

and

furniture

and

and

development

and

construction

  ​ ​ ​

Land

  ​ ​ ​

improvements

  ​ ​ ​

Machinery

  ​ ​ ​

equipment

  ​ ​ ​

equipment

  ​ ​ ​

Others

  ​ ​ ​

in progress

  ​ ​ ​

Total

(in thousands)

Cost

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Balance at January 1, 2024

$

37,653

77,782

94,732

50,233

14,991

50,772

4,428

330,591

Additions

 

651

2,210

5,998

739

4,844

2,028

16,470

Transfers

 

1,610

656

28

453

(2,870)

(123)

Disposals

(15)

(1,034)

(185)

(195)

(13,596)

(15,025)

Effect of exchange rate changes

 

(7)

(51)

(157)

(215)

Balance at December 31, 2024

37,653

80,028

96,564

56,067

15,484

42,316

3,586

331,698

Acquisitions through business combinations

162

55

101

17

31

366

Additions

483

1,551

6,414

1,116

5,362

7,027

21,953

Transfers

939

(939)

Disposals

(59)

(245)

(168)

(11,322)

(11,794)

Effect of exchange rate changes

(3)

(2)

(12)

3

39

106

(1)

130

Balance at December 31, 2025

$

37,812

 

80,564

 

99,084

 

62,239

16,488

36,493

9,673

342,353

Accumulated Depreciation

 

 

 

 

 

 

 

 

Balance at January 1, 2024

$

 

37,300

 

72,261

 

43,850

 

12,669

 

34,402

 

 

200,482

Depreciation for the year

 

 

4,394

 

6,863

 

3,823

 

1,018

 

5,923

 

 

22,021

Disposals

 

(15)

(1,034)

(185)

(195)

(10,504)

(11,933)

Effect of exchange rate changes

 

(1)

 

 

(6)

 

(43)

 

(102)

 

 

(152)

Balance at December 31, 2024

 

 

41,678

 

78,090

 

47,482

 

13,449

 

29,719

 

 

210,418

Depreciation for the year

 

 

4,392

 

4,856

 

5,672

 

985

 

5,099

 

 

21,004

Disposals

(59)

(245)

(168)

(8,726)

(9,198)

Effect of exchange rate changes

 

 

(2)

 

(10)

 

3

 

35

 

72

 

 

98

Balance at December 31, 2025

$

 

46,068

 

82,877

 

52,912

 

14,301

 

26,164

 

 

222,322

Carrying amounts

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

At December 31, 2024

$

37,653

 

38,350

 

18,474

 

8,585

 

2,035

 

12,597

 

3,586

 

121,280

At December 31, 2025

$

37,812

 

34,496

 

16,207

 

9,327

 

2,187

 

10,329

 

9,673

 

120,031

Schedule of estimated useful lives of property plant and equipment

Buildings

  ​ ​ ​

25 years

Building improvements

 

4-16 years

Machinery

 

4-10 years

Research and development equipment

 

2-6 years

Office furniture and equipment

 

3-8 years

Others

 

2-15 years

Schedule of lease liabilities

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

2024

2025

 

(in thousands)

Current portion (classified under other current liabilities)

$

3,708

1,752

Non-current portion (classified under other non-current liabilities)

 

3,452

2,466

$

7,160

4,218

Schedule of additional lease information

Year ended December 31, 

  ​ ​ ​

2023

  ​ ​ ​

2024

2025

(in thousands)

Expenses relating to short-term leases

$

73

65

54

Expenses relating to low-value asset leases

$

368

246

211

Expenses relating to variable lease payments not included in the measurement of lease liabilities

$

2,195

2,739

2,438

Schedule of reconciliation of lease liabilities to cash flows arising from financing activities

  ​ ​ ​

Year ended December 31, 

2024

2025

 

(in thousands)

Balance at beginning of year

$

11,380

7,160

Change from financing activities:

 

Payment of lease liabilities

 

(5,032)

(3,160)

Total change from financing activities

 

(5,032)

(3,160)

Other changes:

 

New lease

 

1,758

840

Interest expense

 

216

160

Interest paid

 

(216)

(160)

Lease modifications

(1,624)

(1,577)

Effect of exchange rate changes

 

678

955

Total liability-related other changes

 

812

218

Balance at end of year

$

7,160

4,218