Himax Reiterates Third Quarter 2011 Guidance
19 Oktober 2011 - 3:40PM
Himax Technologies, Inc. ("Himax" or "Company") (Nasdaq:HIMX) today
reiterated its previously released third quarter 2011 guidance. The
company also announced it will hold a conference call with
investors and analysts on Wednesday, November 9, 2011 at 7:00 a.m.
Taiwan time (Tuesday, November 8 at 6:00 p.m. U.S. Eastern Standard
Time) to discuss the Company's third quarter 2011 financial
results.
Jordan Wu, President and Chief Executive Officer of Himax,
commented, "Judging by the forecasts provided by our customers at
present, we are confident that our overall fourth quarter 2011
financial performance will improve over that of the third quarter.
We are particularly excited by the momentum of the smart phone
segment, both in China and internationally. We will provide more
details on our fourth quarter 2011 guidance during the next
earnings call in November."
Third Quarter 2011 Earnings Conference Call
The news release announcing the third quarter 2011 financial
results will be disseminated in New York on Tuesday, November 8,
2011 after the Nasdaq stock market closes.
The dial-in numbers for the live audio call are +1-201-689-8471
(international) or + 1-877-407-4018 (U.S. domestic). A live webcast
of the conference call will be available on Himax's website at
www.himax.com.tw.
A replay of the call will be available beginning two hours after
the call through 1 p.m. Taiwan time on Wednesday, November 16, 2011
(midnight, November 15, U.S. Eastern Standard Time) at
www.himax.com.tw and by telephone at +1-858-384-5517
(international) or +1-877-870-5176 (U.S. domestic). The conference
ID number is 381641.
About Himax Technologies, Inc.
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 tablet PCs, netbook
computers, digital cameras, mobile gaming devices, portable DVD
players, digital photo frames and car navigation displays. In
addition, the Company is expanding its product offerings to include
timing controllers, touch controller ICs, LCD TV and monitor
chipset solutions, LCOS projector solutions, power management ICs,
CMOS image sensors, infinitely color technology and 2D to 3D
conversion solutions. Based in Tainan, Taiwan, the Company has
regional offices in Hsinchu and Taipei, Taiwan; Ningbo, Foshan,
Fuqing, Beijing, Shanghai, Suzhou and Shenzhen, China; Yokohama and
Matsusaka, Japan; Cheonan-si, Chungcheongnam-do, South Korea; and
Irvine California, USA.
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;
the uncertainty of success in our Taiwan listing plan which is
still under review by Taiwan regulatory authorities and subject to
change due to, among other things, changes in either Taiwan or U.S.
authorities' policies and Taiwan regulatory authorities' acceptance
of the Company's Taiwan listing application 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, 2010 filed with the
SEC on May 20, 2011, as may be amended.
CONTACT: Jessie Wang / Jessica Huang
Investor Relations
Himax Technologies, Inc.
+886-2-2370-3999 Ext. 22618 / 22513
jessie_wang@himax.com.tw
jessica_huang@himax.com.tw
In the U.S.
Joseph Villalta
The Ruth Group
+1-646-536-7003
jvillalta@theruthgroup.com
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