Himax Technologies, Inc. Declares Cash Dividend for FY2022
May 11 2023 - 4:30AM
Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a
leading supplier and fabless manufacturer of display drivers and
other semiconductor products, today declared a cash dividend of
48.0 cents per ADS, equivalent to 24.0 cents per ordinary share,
for the year of 2022.
The cash dividend will be payable on July 12,
2023 to all the shareholders of record as of June 30, 2023. The ADS
book will be closed for issuance and cancellation from June 23,
2023 to June 30, 2023. Typically, Himax pays out its yearly
dividend at approximately the middle of its current calendar year
based on the Company's previous year financial performance.
“Since our IPO in 2006, we have remained
committed to a dividend policy to reward shareholders for their
ongoing commitment,” said Mr. Jordan Wu, President and Chief
Executive Officer of Himax Technologies, Inc. “Based on our strong
profit of 2022, we are pleased to announce the annual cash dividend
of 48.0 cents per ADS, implying a payout ratio of 35.4%. The
Company has decided on the relatively low payout ratio in the light
of prevailing macroeconomic uncertainty. We are grateful for the
continued support of our shareholders as we continue to execute on
our business objectives and strive to deliver sustainable long-term
growth while maintaining a healthy balance sheet.”
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, automotive, 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, AMOLED ICs, LED
driver ICs, power management ICs and LCoS micro-displays for
augmented reality (AR) devices and heads-up displays (HUD) for
automotive. The Company also offers CMOS image sensors, wafer level
optics for AR devices, 3D sensing and ultralow power WiseEyeTM
smart image sensing, which are used in a wide variety of
applications such as mobile phone, tablet, laptop, TV, PC camera,
automobile, security, medical device, home appliance, AIoT, etc.
Founded in 2001 and headquartered in Tainan, Taiwan, Himax
currently employs around 2,200 people from three Taiwan-based
offices in Tainan, Hsinchu and Taipei and country offices in China,
Korea, Japan, Germany, and the US. Himax has 2,900 patents granted
and 385 patents pending approval worldwide as of March 31, 2023.
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
Factors that could cause actual events or results to differ
materially from those described in this conference call include,
but are not limited to, the effect of the Covid-19 pandemic on the
Company’s business; 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;
shortage in supply of key components; changes in environmental laws
and regulations; changes in export license regulated by Export
Administration Regulations (EAR); 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,
2022 filed with the SEC, as may be amended.
Company Contacts:
Eric Li, Chief IR/PR
OfficerHimax Technologies, Inc.Tel: +886-6-505-0880 Fax:
+886-2-2314-0877Email: hx_ir@himax.com.twwww.himax.com.tw
Karen Tiao, Investor
RelationsHimax Technologies, Inc.Tel: +886-2-2370-3999Fax:
+886-2-2314-0877Email: hx_ir@himax.com.twwww.himax.com.tw
Mark Schwalenberg, DirectorInvestor
Relations - US RepresentativeMZ North America
Tel: +1-312-261-6430Email:
HIMX@mzgroup.uswww.mzgroup.us
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