Investments Accounted for Using the Equity Method (Tables)
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12 Months Ended |
Dec. 31, 2023 |
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| Text block [abstract] |
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| Summary of Investments Accounted for Using the Equity Method |
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| Investments in associates |
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$ |
14,163,995 |
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$ |
19,595,234 |
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$ |
639,949 |
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| Investments in joint ventures |
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515,351 |
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15,377 |
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502 |
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$ |
14,679,346 |
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$ |
19,610,611 |
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$ |
640,451 |
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| Summary of Investments in Associates Accounted for using the Equity Method |
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a. |
Investments in associates |
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1) |
Investments in associates accounted for using the equity method that was not individually material consisted of the following: |
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Carrying Amount as of December 31 |
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| Yann Yuan Investment Co., Ltd. (“Yann Yuan”) |
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Engaged in investing activities |
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R.O.C. |
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$ |
7,494,541 |
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$ |
10,250,888 |
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$ |
334,778 |
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| ChipMOS Technologies Inc. (“ChipMOS”) |
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Engaged in the packaging and testing of semiconductors |
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R.O.C. |
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2,748,810 |
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2,786,339 |
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90,997 |
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| MACHVISION,INC. (“MACHVISION”) |
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Engaged in the manufacturing and trading of non-contact optical inspection equipment |
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R.O.C. |
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— |
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2,123,368 |
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69,346 |
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| Hung Ching Development & Construction Co. (“HC”) |
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Engaged in the development, construction and leasing of real estate properties |
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R.O.C. |
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1,597,745 |
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2,035,230 |
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66,467 |
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| M-Universe Investments Pte. Ltd. (“MU”) |
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Investment company |
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Singapore |
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2,090,663 |
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2,072,314 |
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67,678 |
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| Chipletz, Inc. (“CHIPLETZ”) |
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Fabless substrate design house |
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U.S.A. |
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145,640 |
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248,209 |
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8,106 |
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| Hung Ching Kwan Co. (“HCK”) |
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Engaged in the leasing of real estate properties |
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R.O.C. |
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244,516 |
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232,446 |
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7,591 |
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| Questyle Audio Engineering Co., Ltd. (“QUESTYLE”) |
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Engaged in the research and development on technology and sales of electronic products, digital products, audio equipment and spare parts, domestic trading; import and export business |
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China |
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88,189 |
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72,421 |
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2,365 |
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Carrying Amount as of December 31 |
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| Deca Technologies Inc. (“DECA”) |
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Holding company with group engaged in the development of wafer level packaging |
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U.S.A. |
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$ |
54,040 |
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$ |
53,357 |
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$ |
1,743 |
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| Goodcare Holdings Inc. (“GOODCARE”) |
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Holding company, engaged in operation investment, long-term care and home services business |
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R.O.C. |
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— |
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20,811 |
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680 |
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14,464,144 |
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19,895,383 |
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649,751 |
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Less: Deferred gain on transfer of land |
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300,149 |
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300,149 |
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9,802 |
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$ |
14,163,995 |
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$ |
19,595,234 |
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$ |
639,949 |
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2) |
At each balance sheet date, the total percentages of ownership held by the Group were as follows: |
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| Yann Yuan |
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27.94 |
% |
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27.94 |
% |
| ChipMOS |
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10.85 |
% |
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10.85 |
% |
| MACHVISION |
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— |
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23.08 |
% |
| HC |
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26.22 |
% |
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26.22 |
% |
| MU |
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42.23 |
% |
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42.23 |
% |
| CHIPLETZ |
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20.82 |
% |
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19.43 |
% |
| HCK |
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27.31 |
% |
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27.31 |
% |
| QUESTYLE |
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6.67 |
% |
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6.67 |
% |
| DECA |
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17.85 |
% |
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17.84 |
% |
| GOODCARE |
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— |
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49.00 |
% |
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| Summary of Fair Values of Investments in Associates with Available Published Price Quotation |
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8) |
Fair values (Level 1) of investments in associates with available published price quotation are summarized as follows: |
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| ChipMOS |
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$ |
2,643,498 |
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$ |
3,333,964 |
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$ |
108,882 |
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| HC |
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$ |
1,420,636 |
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$ |
1,904,476 |
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$ |
62,197 |
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| Summary of Aggregate Information of Associates that are Not Individually Material |
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9) |
Aggregate information of associates that are not individually material |
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For the Year Ended December 31 |
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| The Group’s share of: |
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| Net income |
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$ |
872,697 |
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$ |
1,083,538 |
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$ |
1,091,814 |
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$ |
35,657 |
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| Other comprehensive income (loss) |
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3,624,403 |
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(3,082,307 |
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2,439,733 |
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79,678 |
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| Total comprehensive income (loss) |
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$ |
4,497,100 |
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$ |
(1,998,769 |
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$ |
3,531,547 |
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$ |
115,335 |
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| Summary Of Investments In Joint Ventures Accounted For Using The Equity Method And Summary Of Aggregate Information Of The Joint Venture That Is Not Individually Material |
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b. |
Investments in joint ventures |
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1) |
Investments in joint ventures that was not individually material and accounted for using the equity method consisted of the following: |
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Carrying Amount as of December 31 |
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| MUtek Electronics Co., Ltd.
(“MUtek”) |
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Engaged in the production and wholesale of electronic products |
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R.O.C. |
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$ |
26,591 |
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$ |
15,377 |
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$ |
502 |
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| SUMA-USI Electronics Co., Ltd.
(“SUMA-USI”) |
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Engaged in the design and production of electronic products |
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China |
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488,760 |
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— |
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— |
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$ |
515,351 |
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$ |
15,377 |
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$ |
502 |
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2) |
At each balance sheet date, the percentages of ownership held by the Group’s subsidiaries were as follows: |
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| MUtek |
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49.00% |
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49.00% |
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49.00% |
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| In January 2023, UGKS entered into a shares transfer agreement with Information Industry Co., Ltd. to transfer its 49.00% ownership of SUMA-USI based on its business operation strategy. The transfer price was RMB110,880 thousand. After the completion of shares transfer, the Group no longer held ownership of SUMA-USI.
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3) |
Aggregate information of joint ventures that were not individually material |
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For the Year Ended December 31 |
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| The Group’s share of: |
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| Total net income (loss) and comprehensive income (loss) |
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$ |
27,003 |
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$ |
101,839 |
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$ |
(11,214 |
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$ |
(366 |
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