1、2013 Annual Report1Dear Shareholders,We are pleased to report that 2013 was another successful year for Himax Technologies.We met or exceeded our quarterly sales,gross margin,and earnings per share guidance every single quarter in 2013.We believe this accomplishment illustrates the continued effecti
2、veness of our teams and the processes they executed in our Company.Led by growth in our small-medium driver segment as well as our non-driver IC business,our sales increased over 4.5 percent year-over-year and our gross margin increased 180 basis points for the same period.Based on the exciting new
3、products we have introduced and others we will launch throughout 2014,we?successful and ongoing execution of our long term growth strategies.They are:1.Increase sales of small and medium-sized drivers.2.Invest in new products and technologies which cater to mobile devices.3.Diversify our customers a
4、nd the geographies to which we market our products.Our small and medium-sized drivers generated impressive sales growth due primarily to demand of smartphones,which tend to require better displays and thus higher resolution driver ICs.We enjoy a commanding position in the smartphone sector as a resu
5、lt of our leading technologies,competitive products and growing base of branded and“white box”customers.Sales of small and medium-sized drivers have become our largest product segment and accounted for 53.9 percent of total sales in 2013.We expect further growth in this high-demand product segment i
6、n 2014.?our product portfolio and client base for our non-driver products including;timing controllers,CMOS image sensors,wafer-level optics,touch panel controllers,LED driver ICs,integrated power management ICs,ASIC service and of course,LCOS microdisplays.Overall non-driver IC sales grew 22.4 perc