Himax Reports Second Quarter 2008 Financial Results

Second Quarter 2008 Highlights: * Net revenues increased 10.8% year-over-year and increased 6.6%, sequentially * Non-driver products accounted for more than 5% of total revenues for the first time since inception * Recently ranked worldwide number one display driver supplier for large-sized TFT-LCD panel applications by iSuppli TAINAN, Taiwan, Aug. 4, 2008 (PRIME NEWSWIRE) -- Himax Technologies, Inc. ("Himax" or "Company") (Nasdaq:HIMX) today reported financial results for the second quarter ended June 30, 2008. For the second quarter 2008, Himax reported net revenues of $246.9 million, representing a 10.8% increase over $222.9 million for the second quarter of 2007 and a 6.6% increase over the $231.6 million for the first quarter of 2008. Gross margin was 25.5% in the second quarter of 2008, up 510 basis points... [read full story]