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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2012
CASH, CASH EQUIVALENTS AND INVESTMENTS  
Schedule showing break-down of the Company's total long-term investments

 

 

 
  Accounting Method   December 31,
2012
  December 31,
2011
 
 
   
  (in thousands)
 

Cortina

  Cost Method   $ 3,348   $ 3,348  

GCT SemiConductor, Inc. 

  Cost Method     811     3,000  

Xalted Networks

  Cost Method     279     1,133  

SBI

  Cost Method     2,306     1,945  

iTV Media Inc. 

  Cost Method     14,894      
               

Investment using Cost Method Total

        21,638     9,426  
               

ACELAND

  Equity Method     2,109     2,109  

Beijing Bodashutong Technology

  Equity Method     577     572  

Shareholder Loan to ACELAND

  Equity Method     7,119     7,119  
               

Investment using Equity Method Total

        9,805     9,800  
               

iTV Media Inc. 

  Available for sale     3,000      

AioTV

  Available for sale     8,000      

UTStarcom Hong Kong Holdings Ltd

  Available for sale     20,000      
               

Investments Classified as available-for-sale Total

        31,000      
               

Total Investment

      $ 62,443   $ 19,226  
               
Schedule of significant inputs for the valuation model used to estimate fair value of investments

 

 

 
  Years Ended December 31  

Total fair value of Invested capital as at valuation date

    40,000  

Risk free rate of interest

    1.25%  

Dividend Yield

    3%  

Maturity Date

    2017/8/30  

Volatility

    51.9%  
Summary of available-for-sales investments:

 

 

 
  Amortized
cost
  Unrealized
Gains
  Unrealized
Losses for
More Than
12 months
  Estimated
fair value
 
 
  (in thousands)
 

Convertible bonds of privately-held company

  $ 23,000           $ 23,000  

Preferred convertible shares of privately-held company

  $ 8,000           $ 8,000  
                   

Total available-for-sales Investments

  $ 31,000           $ 31,000  
                   
Schedule of financial assets measured and recognized at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy

 

 

 
  Level 1   Level 2   Level 3   Total  
 
  (in thousands)
 

As of December 31, 2012

                         

Short-term investment

  $ 296   $   $   $ 296  
                   

Long-term investment

  $   $   $ 31,000   $ 31,000  
                   

As of December 31, 2011

                         

Short-term investment

  $ 2,372   $   $   $ 2,372