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4 - OTHER ASSETS | 12 Months Ended
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Dec. 31, 2013
Disclosure Text Block Supplement [Abstract] |
Other Assets Disclosure [Text Block] | 4 - OTHER ASSETS Other assets is summarized as follows:
|  | December 31, |
|  | 2013 |  |  | 2012 |
Investment in securitites |  | $ | 405,000 |  |  | $ | 423,000 |
Investment in joint venture - Taiteam Technology |  |  | - |  |  |  | 147,000 |
Investment in joint venture - Grand Shine Mgmt |  |  | 849,000 |  |  |  | 703,000 |
Other |  |  | 22,000 |  |  |  | 24,000 |
Other Assets |  | $ | 1,276,000 |  |  | $ | 1,297,000 |
Our $405,000 investment in securities as of December 31, 2013 relates to our ownership of 154,808 common shares and 1,007,902 preferred shares of Zowie Technology Corporation (Taipei Hsien, Taiwan), a supplier of electronic component products (see Part I: Item 1 – Business – Suppliers). Our investment relates to approximately 3% of their total outstanding shares and we do not have significant influence or control. This investment is accounted for under the cost method basis of accounting. See also Note 14 – Subsequent Events. Our $147,000 investment in Taiteam (Yangzhou) Technology Corporation Limited (Yangzhou, China) was returned during the quarter ended September 30, 2013. This joint venture was liquidated and capital returned during July 2013. Our $849,000 investment in joint venture as of December 31, 2013, relates to our 49% ownership of Grand Shine Management Limited (Dong Guan, China), an electronic device contract manufacturer, and joint venture with its 51% owner, Teamforce Company Limited. This joint venture is not considered to be a “Variable Interest Entity”, and as such, is accounted for under the equity method basis of accounting.

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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