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Background, Principal Activities and Basis of Presentation
 12 Months Ended
Dec. 31, 2013
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
 
2012
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Himax Technologies Limited
 
IC design and sales
 
ROC
 
 
100.00
%
 
 
100.00
%
Himax Technologies Korea Ltd.
 
Sales
 
South Korea
 
 
100.00
%
 
 
100.00
%
Himax Technologies Japan Ltd.
 
Sales
 
Japan
 
 
-
 
 
 
100.00
%
Himax Semiconductor, 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.
 
LCOS and MEMS design, manufacturing and sales
 
ROC
 
 
81.53
%
 
 
76.70
%
Integrated Microdisplays Limited
 
LCOS sales
 
Hong Kong
 
 
81.53
%
 
 
76.70
%
Himax Display (USA) Inc. (1)
 
MEMS design
 
Delaware, USA
 
 
81.53
%
 
 
76.70
%
Himax Analogic, Inc.
 
IC design and sales
 
ROC
 
 
74.60
%
 
 
83.17
%
Himax Imaging, Inc.
 
Investments
 
Cayman Islands
 
 
100.00
%
 
 
100.00
%
Himax Imaging, Ltd.
 
IC design and sales
 
ROC
 
 
87.95
%
 
 
88.07
%
Himax Imaging Corp.
 
IC design
 
California, USA
 
 
100.00
%
 
 
88.07
%
Argo Limited
 
Investments
 
Cayman Islands
 
 
100.00
%
 
 
100.00
%
Tellus Limited
 
Investments
 
Cayman Islands
 
 
100.00
%
 
 
100.00
%
 
 
 
 
 
Jurisdiction of
 
Percentage of
Ownership
December 31,
 
Subsidiary
 
Main activities
 
Incorporation
 
2012
 
 
2013
 
Himax Media Solutions, Inc.
 
TFT-LCD television, monitor chipset operations, ASIC service and IP licensing
 
ROC
 
 
78.28
%
 
 
92.37
%
Himax Media Solutions (Hong Kong) Limited (2)
 
Investments
 
Hong Kong
 
 
78.28
%
 
 
-
 
Harvest Investment Limited
 
Investments
 
ROC
 
 
100.00
%
 
 
100.00
%
Iris Optronics Co., Ltd. (3)
 
E-paper manufacturing and sales
 
ROC
 
 
22.22
%
 
 
-
 
 
(1)
Spatial Photonics, Inc. has was renamed Himax Display (USA) Inc. on July 3, 2012.
 
(2)
Himax Media Solutions (Hong Kong) Limited was deregistered and dissolved on October 25, 2013.
 
(3)
Iris Optronics Co., Ltd. (“Iris”) was incorporated on May 18, 2012 and the paid-in capital was $153 thousand. The Company initially had a controlling financial interest in Iris because it had a majority voting interest at Iris board of directors. As a result, Iris was included in the Company’s consolidated financial statements since that date. On October 7, 2013, the Company no longer had a majority voting interest at Iris board of directors level, but still has the ability to exercise significant influence over the operating and financial policies of Iris. Therefore, the Company ceased consolidating Iris in its consolidated financial statements and now accounts for its investment in Iris using the equity method. The Company re-measured its investment in Iris at fair value due to the change in control and recognized a re-measurement gain.
 
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.
 
Principal Activities
 
Himax Technologies, Inc. and subsidiaries (collectively, the Company) is a fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company 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, the Company 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.
 
Basis of Presentation
 
The accompanying consolidated financial statements of the Company have been prepared in conformity with US generally accepted accounting principles (“US GAAP”).