Himax Technologies, Inc. Declares Cash Dividend for the FY2011 Year
11 Juni 2012 - 10:01PM
Himax Technologies, Inc. ("Himax" or "Company") (Nasdaq:HIMX), a
leading supplier and fabless manufacturer of display drivers and
other semiconductor products, today declared a cash dividend of
6.30 cents per ADS, or 3.15 cents per ordinary share, for the year
of 2011.
The cash dividend is expected to be paid on July 25, 2012 to
shareholders of record as of July 13, 2012. The ADS book will be
closed for issuance and cancellation from July 6, 2012 to July 13,
2012. Himax's 2012 dividend is based on its performance for FY2011.
Typically, Himax pays out its yearly dividend at approximately the
middle of its current calendar year based on the Company's previous
year's financial performance.
"Since our IPO in 2006, we have remained committed to a dividend
policy," began Mr. Jordan Wu, President and Chief Executive Officer
of Himax Technologies, Inc. "The Himax dividend is based on our
prior year's profitability. The payout ratio and yield of our
dividend is compared to those of other dividend paying companies in
our sector. We believe this year's dividend payout demonstrates our
strong confidence in the positive business outlook and
profitability in 2012."
About Himax
Technologies,Inc.
Himax Technologies, Inc. (Nasdaq:HIMX) is a fabless
semiconductor solution provider dedicated to display imagine
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-mount
displays, LED driver ICs, power management ICs, and chipsets for
TVs and monitors. 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 1,400 people from three Taiwan-based offices in
Tainan, Hsinchu and Taipei and country offices in China, Korea,
Japan and the US. With more than 1,300 patents in three continents
on its technologies, Himax has retained its position as the leading
display image 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;
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, 2011 filed with the
SEC, as may be amended
CONTACT: COMPANY
Himax Technologies, Inc.
Jackie Chang, CFO
Himax Technologies, Inc.
Tel: 886-2-2370-3999 Ext.22300
Fax: 886-2-2314-0877
Email: jackie_chang@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
MZ North America
John Mattio, SVP
Tel: +1-212-301-7130
Email: john.mattio@mzgroup.us
www.mz-ir.com
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