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Himax Technologies, Inc. Provides Quad HD Display Driver IC for the World’s First Tango-Enabled AR Smartphone

TAINAN, Taiwan, June 17, 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 announced Himax’s HX8396-A display driver IC from its family of Quad HD ("QHD"), high-resolution display drivers, has secured the design win in the world’s first augmented reality ("AR") smartphone, Lenovo Phab 2 Pro. The Phab 2 Pro is built on Google’s Project Tango platform, a new technology that enables location-specific content for AR gaming and utilities on mobile devices.

The Tango-enabled phone is an innovative, high-performance device that user could experience augmented reality games and applications available through the Google Play Store. To further enhance the viewing experience in multiple conditions, Himax’s QHD resolution display driver ICs incorporate industry’s most advanced set of image-enhancing technologies through built-in Optimal Display Synthesizer (ODS) to deliver advanced features, including Color Enhancement (CE), Content Adaptive Brightness Control (CABC) and Sunlight Readability Enhancement (SRE). These unique drivers are also the smallest and the most power-efficient driver ICs available for high-end smartphones. HX8396-A is compatible with all mainstream application processors and adopted by major panel makers and leading smartphone brand customers with mass production started in 2015.

"Our high-resolution display drivers have been widely adopted by the world’s major LTPS panel makers due to our leading technologies. This design win is another validation of our products featured in high-end mobile devices," stated Jordan Wu, Chief Executive Officer and President of Himax Technologies, Inc. "Additionally, we have been actively participating in the booming AR sector through our LCOS and WLO technologies with unique position as the provider of choice for microdisplay and related optics to enable AR. We believe applications for AR expanding from AR glasses and head-up displays for automotive applications to smartphones will advance the evolving AR market to become a multi-billion dollar industry."

About Himax Technologies, Inc.

Himax Technologies, Inc. (NASDAQ: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, virtual reality (VR) devices and many other consumer electronics devices. Additionally, Himax designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration (TDDI) single-chip solutions, LED driver ICs, power management ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions, silicon IPs and LCOS micro-displays for augmented reality (AR) devices and heads-up displays (HUD) for automotive. 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, medical devices and Internet of Things. 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 2,819 patents granted and 511 patents pending approval worldwide as of March 31, 2016. Himax has retained its position as the leading display imaging processing semiconductor solution provider to consumer electronics brands worldwide.

http://www.himax.com.tw

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, 2015 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: jackie_chang@himax.com.tw
www.himax.com.tw

Nadiya Chen, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext. 22513
Fax: +886-2-2314-0877
Email: nadiya_chen@himax.com.tw
www.himax.com.tw

Penny Lin, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22320
Fax: +886-2-2314-0877
Email: penny_lin@himax.com.tw
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: jmattio@lamniaintl.com
www.lamniaintl.com

Source:Himax Technologies, Inc.