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Government Grants
12 Months Ended
Dec. 31, 2016
Government Grants [Abstract]  
Government Grants [Text Block]
Note 13.
Government Grants
 
The Company entered into several contracts with Institute for Information Industry (III) during 2014, 2015 and 2016 primarily for the development of certain new leading products or technologies. Details of these contracts are summarized below:
 
Authority
 
 
Total Grant
 
Execution Period
 
Product Description
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
III
NT$
 
72,000 (US$2,416)
 
January 2013 to June 2014
 
MEMS Development Program
III
 
 
27,500 (US$923)
 
April 2013 to December 2014
 
Wafer-Level Lens Development Program
III
 
 
135,000 (US$4,265)
 
August 2014 to July 2017
 
LCOS Display Module Development Program
 
Government grants recognized by the Company as a reduction of research and development expense in the consolidated statements of income in 2014, 2015 and 2016 were $1,879 thousand, $1,508 thousand and $1,431 thousand, respectively.