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Himax Technologies, Inc. Reports Second Quarter 2012 Financial Results

Second quarter 2012 Financial Results

Breakdown by Product Line (USD in millions) (unaudited)

  Q2 2012 % Q2 2011 % % Change
Display drivers for large-size panels $79.7 42.1% $76.4 47.6% +4.3%
Display drivers for small/medium sized panels $83.8 44.2% $62.2 38.7% +34.7%
Non-driver products $26.0 13.7% $22.0 13.7% +18.4%
           
  Q2 2012 % Q 1 2012 % % Change
Display drivers for large-size panels $79.7 42.1% $71.4 42.8% +11.7%
Display drivers for small/medium sized panels $83.8 44.2% $72.4 43.4% +15.8%
Non-driver products $26.0 13.7% $22.9 13.8% +13.2%

Revenues for the second quarter of 2012 increased 18.0% to $189.5 million year-over-year and increased 13.7% sequentially. Strong sales in our small and medium-sized drivers and non-driver ICs remained the top contributors to the Company's revenue growth. Sales to non-related parties increased an impressive 36.5% year over year and grew 21.9% sequentially.

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