Himax Technologies, Inc. Declares Cash Dividend for FY2012
17 Juni 2013 - 1:41PM
Himax Technologies, Inc. (Nasdaq:HIMX) ("Himax" or "Company"), a
supplier and fabless manufacturer of advanced display drivers and
other semiconductor products, today declared a cash dividend of 25
cents per ADS, or 12.5 cents per ordinary share, for the year of
2012.
The cash dividend is expected to be paid on July 31, 2013 to all
the shareholders of record as of July 19, 2013. The ADS book will
be closed for issuance and cancellation from July 12, 2013 to July
19, 2013. Himax's 2013 dividend is based on its performance for
FY2012. 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 which we work to maintain our high competitive
standards. Due to significant profitability improvement in 2012,
Himax increases cash dividend from 6.3 cents per ADS in 2012 to 25
cents per ADS in 2013. The high payout ratio demonstrates our
continued support of our shareholder base and long standing
profitability."
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 1,450 people from three Taiwan-based offices in Tainan,
Hsinchu and Taipei and country offices in China, Korea, Japan and
the US. Himax has 1,869 patents granted and 1,307 patents pending
approval worldwide as of March 31, 2013. 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
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Any statements in
this press release that are not historical facts are
forward-looking statements that involve factors, risks and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements. Such factors and
risks 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,
2012 filed with the SEC, as may be amended. The Company undertakes
no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
unless required by applicable law.
CONTACT: 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
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
MZ North America
John Mattio, SVP
Tel: +1-212-301-7130
Email: john.mattio@mzgroup.us
www.mz-ir.com
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