3M and Himax Announce Strategic Alliance3M and Himax offer a mobile projection total solution with the prerequisite size, effici
06 Januar 2008 - 10:00PM
Business Wire
3M (NYSE: MMM), one of the world�s leading companies in optics
technology, and Himax Technologies, Inc. (�Himax�; NASDAQ: HIMX),
one of the leading semiconductor solution providers for flat panel
displays, announce a strategic alliance to commercialize LCOS
mobile projectors by combining their proprietary technologies to
deliver a complete mobile projection solution to consumer
electronics manufacturers. Together, 3M and Himax offer a mobile
projection total solution with the prerequisite size, efficiency,
image quality, and affordability for integration into a wide range
of consumer mobile devices. 3M developed, and is providing, a
miniature LED projection engine that incorporates the single-panel
color filter type LCOS module of Himax Display, Inc. (a subsidiary
of Himax). In addition, Himax provides a complete set of driving
circuit and related electronics. Mike Kelly, executive vice
president, 3M Display and Graphics Business, commented, �we believe
that embedding projectors into mobile devices is the future, and we
are pleased to announce our alliance with Himax. Himax provides a
unique color filter LCOS that, when coupled with 3M�s proprietary
optics, delivers excellent image quality in an ultra-compact
package.� Jordan Wu, president and chief executive officer of
Himax, added, �we are excited to announce our relationship with 3M,
which we believe will help expedite time to market for customers
using our combined technologies. Himax�s proprietary single-panel
color filter type LCOS panel, coupled with 3M�s unique optical
technology, enables the best mobile projector solution. We expect
to see the solution adopted by numerous customers in applications
such as mobile phones, digital cameras and portable multimedia
players.� 3M is demonstrating the complete mobile projection
system, including the Himax LCOS microdisplay and related
electronics, in the Advanced Display Technologies Zone, booth 25727
and 25627, at the Consumer Electronics Show (CES) in Las Vegas,
January 7-10, 2008. About 3M � A Global, Diversified Technology
Company Every day, 3M people find new ways to make amazing things
happen. Wherever they are, whatever they do, the company�s
customers know they can rely on 3M to help their lives better. 3M�s
brand include Scotch, Post-It, Scotchgard, Thinsulate,
Scotch-Brite, Filtrete, Command and Vikuiti. The people of 3M use
their expertise, technologies and global strength to lead in major
markets including consumer and office; display and graphics;
electronics and telecommunications; safety, security and protection
services; health care; industrial and transportation. For more
information, including the latest product and technology news,
visit www.3M.com. 3M, Scotch, Post-It, Scotchgard, Thinsulate,
Scotch-Brite, Filtrete, Command and Vikuiti are trademarks on 3M.
About Himax Technologies Himax Technologies, Inc. designs, develops
and markets semiconductors that are critical components of flat
panel displays. The Company�s principal products are display
drivers for large-sized TFT-LCD panels, which are used in desktop
monitors, notebook computers and televisions, and display drivers
for small- and medium-sized TFT-LCD panels, which are used in
mobile handsets and consumer electronics products such as digital
cameras, mobile gaming devices and car navigation displays. In
addition, the Company is expanding its product offering to include
television semiconductor solutions, as well as LCOS products Based
in Tainan, Taiwan, the Company has regional offices in Hsinchu and
Taipei, Taiwan; Suzhou and Shenzhen, China; Yokohama, Japan and
Anyangsi Kyungkido, South Korea; and Irvine, California, USA.
Forward-Looking Statements: Certain statements in this press
release, including statements regarding expected future financial
results and industry growth, are forward-looking statements that
involve a number of risks and uncertainties that could cause actual
events or results to differ materially from those described in this
press release. Factors that could cause actual results to differ
include general business and economic conditions and the state of
the semiconductor industry; level of competition; demand for
end-use applications products; reliance on a small group of
principal customers; continued success in technological
innovations; development of alternative flat panel display
technologies; ability to develop and protect our intellectual
property; pricing pressures including declines in average selling
prices; changes in customer order patterns; shortages in supply of
key components; changes in environmental laws and regulations;
exchange rate fluctuations; regulatory approvals for further
investments in our subsidiaries; and other risks described from
time to time in the Company�s SEC filings, including its Form 20-F
dated June 22, 2007, as amended. We undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
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