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Pledged assets
 12 Months Ended
Dec. 31, 2019
Pledged assets  
Pledged assets

Note 26. Pledged assets

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

Pledged assets(1)

    

Pledged to secure

    

2018

    

2019

 

 

 

 

(in thousands)

Restricted cash and time deposit

 

Secured borrowings

 

$

164,000

 

164,000

Restricted time deposits

 

For government grants

 

 

326

 

-

Restricted time deposits

 

For customs duties

 

 

130

 

133

 

 

 

 

$

164,456

 

164,133

 

(1): The pledged assets are booked as restricted deposits and classified as current or noncurrent by its liquidity.