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Himax Technologies' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Himax Technologies, Inc. (HIMX)

Q2 2012 Earnings Call

August 9, 2012 8:00 a.m. ET

Executives

John Mattio - Investor Relations, MZ North America

Jordan Wu - President and Chief Executive Officer

Jackie Chang - Chief Financial Officer

Analysts

Jay Srivatsa - Chardan Capital

Peter Liao - Nomura

George Chang - Yuanta Research

Kyna Wong - Merrill Lynch

Presentation

Operator

Greetings. Welcome to Himax Technologies Incorporated Second Quarter 2012 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded today. It is now my pleasure to introduce your host John Mattio, Senior Vice President of MZ North America. Thank you. Mr. Mattio, you may begin.

John Mattio

Thank you very much, operator. Welcome everyone to Himax’s second quarter 2012 earnings conference call. Joining us from the company are Mr. Jordan Wu, President and Chief Executive Officer, and Ms. Jackie Chang, Chief Financial Officer. After the company’s prepared comments, we have allocated time for questions in a Q&A session following the company’s prepared remarks. If you have not yet received a copy of today’s results release, please call MZ Group at 212-301-7130, or the press release can be accessed on financial portals like Bloomberg, Yahoo, or Google, or you can download a copy from Himax’s website at www.himax.com.tw.

Before we begin the formal remarks, I’d like to remind everyone that some of the statements in this conference call, including statements regarding expected future financial results and industry growth are forward-looking statements that involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this conference call. Factors that could cause actual results include, but are 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; and other operational and market challenges including company’s Taiwan depository listing, TDR; the capability to maintain the full two-way fungibles between the company’s ordinary shares and ADSs; 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 SEC as amended.

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