Himax Technologies, Inc. (Nasdaq:HIMX) (“Himax” or “Company”), a
leading supplier and fabless manufacturer of display drivers and
other semiconductor products, today co-announced a partnership with
NUVIZ, Inc. to develop a head-up display (“HUD”) product. With
headquarter in San Diego, USA and research team in Finland, NUVIZ
is mostly well-known in the industry as a leading HUD provider for
motorcycle helmets. Dedicating in the HUD sector for over 3 years,
NUVIZ has developed groundbreaking wearable products utilized by
the motorcycling business. Under the partnership, NUVIZ will
incorporate Himax’s LCOS microdisplays into its flagship product,
the first connected HUD for any motorcycle helmet. Himax's LCOS
manufacturing facility is currently shipping NUVIZ’s customized
displays for assembly in preparation of the company’s pending
product launch in the second half of 2016.
Himax's LCOS microdisplay technology is the
leading application for HUD and Augmented Reality (AR) devices. Its
reflective LCOS display provides bright, high-definition imaging
and low-power consumption for a variety of AR and HUD applications.
Himax's LCOS technology is also preferred for its durability and
resistance to elements, particularly for exterior use such as
NUVIZ’s model. NUVIZ is one of the 30-plus customer brand leaders
with whom Himax is currently working and includes leading
multinationals in a wide variety of industries such as software,
gaming, search, mobile, social media, military, automotive,
wearable, and toy.
"We are pleased to be part of another HUD
product launch and believe NUVIZ has designed an excellent
application warranting high adoption rates by their target
customers," began Jordan Wu, President and CEO of Himax
Technologies. "Our LCOS team is currently working with dozens of
companies and product designs set to launch in the coming months,
and many more for the years ahead. After more than a decade of
development of our LCOS display technologies, we believe it is the
superior product for HUD applications for motorcyclists and
automobiles and variety of other applications. Our LCOS solution
has set the standard in the wearable marketplace which is leading
us into an exciting new phase of our growth."
“This partnership with Himax underscores NUVIZ’s
commitment to creating a superior product for motorcyclists around
the world,” said Jari Niemela, Chief Executive Officer of NUVIZ.
“Himax’s LCOS microdisplays will play a key role in revolutionizing
the riding experience as we deliver HUD technology and connected
driving solutions to motorcycling.”
On the Company's second quarter earnings call,
Himax detailed its new expansion plan for next generation LCOS and
wafer level optics ("WLO") production lines that will significantly
enlarge its capacity for mass production and also offer a major
technology advancement for very high end products of the future. In
addition to several companies launching products in 2016, the
Company expects further new launches of AR and HUD products from
more customers, as well as increasing shipment of existing
customers in 2017 and beyond.
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 head-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 2,100 people from three
Taiwan-based offices in Tainan, Hsinchu and Taipei and country
offices in China, Korea, Japan and the US. Himax has 2,878 patents
granted and 480 patents pending approval worldwide as of June 30th,
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
About NUVIZ
NUVIZ has ushered in a new era of motorcycle
riding and connectivity with the first connected head-up display
(HUD) for any motorcycle helmet. NUVIZ instantly upgrades any full
face or modular helmet, giving riders the modern conveniences they
desire without sacrificing the style and fit of the helmet they
prefer. NUVIZ’s proprietary HUD technology combines navigation,
communication, camera, and entertainment in one device, resulting
in a safer, yet more exhilarating ride. For more information,
please visit www.ridenuviz.com.
www.ridenuviz.com
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, CFOHimax Technologies, Inc.Tel:
+886-2-2370-3999 Ext.22300 OrUS Tel: +1-949-585-9838 Ext.252Fax:
+886-2-2314-0877Email:
jackie_chang@himax.com.twwww.himax.com.tw
Penny Lin, Investor RelationsHimax
Technologies, Inc.Tel: +886-2-2370-3999 Ext.22320Fax:
+886-2-2314-0877 Email: penny_lin@himax.com.twwww.himax.com.tw
Investor Relations - US Representative
John Mattio, FounderLamnia International, LLC.Tel: +1 (203) 885
-1099Direct: +1 (203) 885 -1058Email:
jmattio@lamniaintl.comwww.lamniaintl.com
NUVIZ, Inc.Noe Sacoco,
LMGPRnoe@lmgpr.comUS Tel: +1-408-340-8130
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