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Inventories, net
12 Months Ended
Dec. 31, 2023
Inventories, net  
Inventories, net

6.    Inventories, net

Inventories consist of the following:

    

As of December 31, 

    

2022

    

2023

US$

US$

Raw materials

 

44,225

 

30,620

Work in process

 

3,237

 

3,222

Finished goods

 

4,183

 

5,177

Low value consumables and spare parts

 

153

 

144

Inventories, gross

51,798

39,163

Less: inventory write-downs

 

(6,418)

 

(6,298)

Total inventories, net

 

45,380

 

32,865

As a result of the net impact of current year provision and sales or uses of inventories with reserve, the inventory write-downs net increased US$1,806 and US$4,067 for the years ended December 31, 2021 and 2022, and the inventory write-downs net decreased US$13 for the year ended December 31, 2023.