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Other Intangible Assets
12 Months Ended
Dec. 31, 2020
Other Intangible Assets  
Other Intangible Assets

Note 14. Other Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

    

Technology

    

Software

    

Others

    

Total

 

 

(in thousands)

Cost

 

 

  

 

  

 

  

 

  

Balance at January 1, 2019

 

$

13,171

 

5,194

 

2,750

 

21,115

Additions

 

 

 -

 

152

 

 -

 

152

Disposals

 

 

 -

 

 -

 

 -

 

 -

Effect of exchange rate changes

 

 

 -

 

(4)

 

39

 

35

Balance at December 31, 2019

 

 

13,171

 

5,342

 

2,789

 

21,302

Acquisitions through business combinations

 

 

 -

 

41

 

663

 

704

Additions

 

 

 -

 

87

 

 -

 

87

Transfer from other current assets

 

 

 -

 

21

 

 -

 

21

Disposals

 

 

 -

 

 -

 

 -

 

 -

Effect of exchange rate changes

 

 

 -

 

15

 

(8)

 

 7

Balance at December 31, 2020

 

$

13,171

 

5,506

 

3,444

 

22,121

 

 

 

 

 

 

 

 

 

 

Accumulated Amortization

 

 

  

 

  

 

  

 

  

Balance at January 1, 2019

 

$

6,189

 

4,017

 

131

 

10,337

Amortization for the year

 

 

1,492

 

602

 

119

 

2,213

Disposals

 

 

 -

 

 -

 

 -

 

 -

Effect of exchange rate changes

 

 

 -

 

(4)

 

 6

 

 2

Balance at December 31, 2019

 

 

7,681

 

4,615

 

256

 

12,552

Amortization for the year

 

 

1,105

 

464

 

154

 

1,723

Transfer from other current assets

 

 

 -

 

 -

 

 -

 

 -

Disposals

 

 

 -

 

 -

 

 -

 

 -

Effect of exchange rate changes

 

 

 -

 

13

 

(43)

 

(30)

Balance at December 31, 2020

 

$

8,786

 

5,092

 

367

 

14,245

 

 

 

 

 

 

 

 

 

 

Carrying amounts

 

 

  

 

  

 

  

 

  

At December 31, 2019

 

$

5,490

 

727

 

2,533

 

8,750

At December 31, 2020

 

$

4,385

 

414

 

3,077

 

7,876

 

Others in other intangible assets includes the acquired trademark $1,800 thousand with an indefinite useful life.

Other intangible assets were amortized on a straight-line basis over their estimated useful lives as follows:

 

 

 

 

Technology

    

7

years

Software

 

2-10

years

Others (except for trademark)

 

7-15

years