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Redeemable Noncontrolling Interest (Tables)
12 Months Ended
Dec. 31, 2020
Noncontrolling Interest [Abstract]  
Components of the change in redeemable noncontrolling interests

The components of the change in redeemable noncontrolling interests for the year ended December 31, 2020 are presented in the following table (in thousands):

Balance as of January 1, 2020

$

-

Increase in redeemable noncontrolling interests due to issuance of Tongmei's common stock

48,102

Equity issuance costs incurred

(539)

Net income attributable to redeemable noncontrolling interests

-

Effect of foreign currency translation attributable to redeemable noncontrolling interests

-

Balance as of December 31, 2020

$

47,563