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Background, Principal Activities and Basis of Presentation
 12 Months Ended
Dec. 31, 2011
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Note 1. Background, Principal Activities and Basis of Presentation

 

Background

 

Himax Technologies, Inc. is a holding company located in the Cayman Islands. Following is general information about Himax Technologies, Inc.’s subsidiaries:

 

     Jurisdiction of    Percentage of
Ownership
December 31,		  
Subsidiary   Main activities   Incorporation   2010     2011  
Himax Technologies Limited   IC design and sales   ROC     100.00 %     100.00 %
Himax Technologies Korea Ltd. (formerly Himax Technologies Anyang Limited)   Sales   South Korea     100.00 %     100.00 %
Himax Semiconductor, Inc. (formerly Wisepal Technologies, Inc.)   IC design and sales   ROC     100.00 %     100.00 %
Himax Technologies (Samoa), Inc.   Investments   Samoa     100.00 %     100.00 %
Himax Technologies (Suzhou), Co., Ltd.   Sales   PRC     100.00 %     100.00 %
Himax Technologies (Shenzhen), Co., Ltd.   Sales   PRC     100.00 %     100.00 %
Himax Display, Inc.   IC design, manufacturing and sales   ROC     87.96 %     88.02 %
Integrated Microdisplays Limited   IC design and sales   Hong Kong     87.96 %     88.02 %
Himax Display US Corp.   Investments   Delaware, USA     -       88.02 %
Himax Analogic, Inc.   IC design and sales   ROC     75.11 %     75.10 %
Himax Imaging, Inc.   Investments   Cayman Islands     93.37 %     100.00 %
Himax Imaging, Ltd.   IC design and sales   ROC     93.37 %     89.69 %
Himax Imaging Corp.   IC design   California, USA     93.37 %     100.00 %
Argo Limited   Investments   Cayman Islands     100.00 %     100.00 %
Tellus Limited   Investments   Cayman Islands     100.00 %     100.00 %
Himax Media Solutions, Inc.   TFT-LCD television and monitor chipset operations   ROC     78.11 %     78.25 %
Himax Media Solutions (Hong Kong) Limited   Investments   Hong Kong     78.11 %     78.25 %
Harvest Investment Limited   Investments   ROC     100.00 %     100.00 %

  

Since March 2006, Himax Technologies, Inc.’s ordinary shares have been quoted on the NASDAQ Global Market under the symbol “HIMX” in the form of ADSs and two ordinary shares represent one ADS effect from August 10, 2009. See Note15 (a) as further described.

 

Principal Activities

 

Himax Technologies, Inc. and subsidiaries (collectively, the Company) designs, develops and markets semiconductors that are critical components of flat panel displays. The Company’s principal products are display drivers for large-sized thin film transistor liquid crystal displays (TFT-LCD) panels, which are used in desktop monitors, notebook computers and televisions, anddisplay drivers for small-and medium-sized TFT-LCD panels which are used in mobile handsets, and consumer electronics products such as tablet PCs, netbook computers (with a display size of typically less than 10 inches), digital cameras, mobile gaming devices, portable DVD players, digital photo frame and car navigation displays. The Company also offers display drivers for panels using OLED technology and LTPS technology. In addition, the Company is expanding its product offerings to include non-driver products such as timing controllers, touch controller ICs, TFT-LCD television and monitor chipsets, LCOS projector solutions, power management ICs, CMOS image sensors, wafer level optics products, infinitely color technology and 2D to 3D conversion solutions. The Company’s customers are TFT-LCD panel manufacturers, mobile device module manufacturers and television makers.

 

Basis of Presentation

 

The accompanying consolidated financial statements of the Company have been prepared in conformity with US generally accepted accounting principles (“US GAAP”).