Revenues totaled $737.3 million in 2012, representing a 16.5% increase year over year. The growth was a result of increasing sales in all product segments.Small and medium-sized drivers grew 16.6% year over year, representing 44.6% of total revenues. Himax sales into the feature phone segment declined in 2012 as they switched their focus to smartphone applications. Excluding feature phone sales, Himax's small-and medium sized drivers grew over 50% year over year. The performance in this area last year was the result of the Company expanding its reach to end customers across China, Korea, and the US. This growth momentum is expected to continue through 2013.
Himax Technologies, Inc. Reports Fourth Quarter And Full Year 2012 Financial Results
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