Himax Technologies, Inc. Provides Fourth Quarter and Full Year 2012 Financial Guidance

Himax Technologies, Inc. Provides Fourth Quarter and Full Year 2012 Financial
Guidance

Company Projects Revenues for the Quarter to be Around Flat or Slightly Down;
Gross Margin to be Around Flat; GAAP EPS to be Between 7.0 to 8.5 Cents Per
Diluted ADS; and Non-GAAP EPS to be Between 7.6 to 9.1 Cents Per Diluted ADS

TAINAN, Taiwan, Nov. 8, 2012 (GLOBE NEWSWIRE) -- Himax Technologies, Inc.
(Nasdaq:HIMX) ("Himax" or "Company"), a leading supplier and fabless
manufacturer of display drivers and other semiconductor products, today issued
financial forecasts for the fourth quarter and full-year ending December 31,
2012.

Based on information available to the Company as of November 8, 2012, Himax is
projecting the following for the three months ending December 31, 2012:

Net Revenues:       To be around flat or slightly down, as compared to the
                    third quarter of 2012
Gross Margin:      To be around flat from the third quarter of 2012,
                    depending upon final product mix
GAAP EPS:          7.0 to 8.5 cents per diluted ADS, as compared to 2.1 cents
                    of the same period 2011
Non GAAP EPS ^ (2): 7.6 to 9.1 cents per diluted ADS, as compared to 2.5 cents
                    of the same period 2011

And for the full Year 2012:

Net Revenues:      To be around $737.1 million, up around 16.4%
                    year-over-year
Gross Margin:      To be around 23.1%, as compared to 19.8% of 2011
GAAP EPS ^(1):     28.6 to 30.1 cents per diluted ADS, as compared to 6.1
                    cents of 2011
Non GAAP EPS ^ (2): 33.7 to 35.2 cents per diluted ADS, as compared to 10.3
                    cents of 2011

^(1) GAAP earnings per diluted ADS guidance includes Himax's 2012 grant of
restricted share units, or RSUs, at the end of September 2012

^(2) Non-GAAP EPS excludes share-based compensation and acquisition-related
charges

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 1,400 people
from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country
offices in China, Korea, Japan and the US. Himax has 1,657 patents granted and
1,504 patents pending approval worldwide as of September 30, 2012. 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
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: For the Company
         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 - 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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