All Staff Accounted for and Safe
Company Donates NT$10 Million to Help Fund Relief Efforts
TAINAN, Taiwan, Feb. 08, 2016 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq:HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today reported the Company's headquarters and manufacturing facilities were little affected by the 6.4 magnitude earthquake which hit Tainan area at approximately 4:00 am local time, February 6.
"Amidst this tragedy, we are fortunate to report all Himax personnel and their homes are safe and were not directly impacted by the quake," began Jordan Wu, CEO and President of Himax Technologies. "Our headquarters and our in-house manufacturing facilities for LCOS and WLO products, both located in Tainan, were also little affected. Vast majority of our ICs are manufactured by third party subcontractors located outside Tainan. Those products were naturally unaffected by the quake. As for those small quantities of goods handles by Tainan-based vendors, their manufacturing is being recovered quickly. It will not cause meaningful interference to our business operations. We would like to thank the many suppliers and customers who expressed concern and checked in with us."
Himax Technologies also announced an immediate donation of NT$10 million to an earthquake relief fund by the Tainan Municipal Government.
About Himax Technologies, Inc.
Himax Technologies, Inc. (HIMX) is a fabless semiconductor solution provider dedicated to display imaging processing technologies. Himax is a worldwide market leader in display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and many other consumer electronics devices. Additionally, Himax designs and provides controllers for touch sensor displays, LCOS micro-displays used in palm-size projectors and head-mounted displays, LED driver ICs, power management ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions and silicon IPs. The company also offers digital camera solutions, including CMOS image sensors and wafer level optics, which are used in a wide variety of applications such as mobile phone, tablet, laptop, TV, PC camera, automobile, security and medical devices. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 1,900 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan and the US. Himax has 2,764 patents granted and 566 patents pending approval worldwide as of December 31, 2015. Himax has retained its position as the leading display imaging processing semiconductor solution provider to consumer electronics brands worldwide.
Forward Looking Statements
Factors that could cause actual events or results to differ materially include, but not limited to, General business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortages in supply of key components; changes in environmental laws and regulations; exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company's SEC filings, including those risks identified in the section entitled "Risk Factors" in its Form 20-F for the year ended December 31, 2014 filed with the SEC, as may be amended.
Company Contacts: Jackie Chang, CFO Himax Technologies, Inc. Tel: +886-2-2370-3999 Ext.22300 Or US Tel: +1-949-585-9838 Ext.252 Fax: +886-2-2314-0877 Email: email@example.com www.himax.com.tw Nadiya Chen, Investor Relations Himax Technologies, Inc. Tel: +886-2-2370-3999 Ext. 22513 Fax: +886-2-2314-0877 Email: firstname.lastname@example.org www.himax.com.tw Penny Lin, Investor Relations Himax Technologies, Inc. Tel: +886-2-2370-3999 Ext.22320 Fax: +886-2-2314-0877 Email: email@example.com www.himax.com.tw Investor Relations - US Representative John Mattio, Founder Lamnia International, LLC. Tel: +1 – 203 - 885 -1099 Direct: +1 – 203- 885 -1058 Email: firstname.lastname@example.org www.lamniaintl.com
Source:Himax Technologies, Inc.