EXHIBIT 99.1 Himax Technologies, Inc. Reports First Quarter 2023 Financial Results; Provides Second Quarter 2023 Guidance Q1 2023 Revenues and EPS Beat Guidance, Gross Margin Within Guidance Range Issued on February 9, 2023 Company Q2 2023 Guidance: Revenues to Flat to Down 9.0% QoQ, IFRS Gross Margin is Expected to be 20.0% to 21.0%, IFRS Profit per basic ADS to be around -2.9 Cents to 0.6 Cents; Non-IFRS Profit per Diluted ADS to be around 0.1 Cents to 3.6 Cents Q1 2023 revenues were $244.2M, a decrease o ...

Revenue and Cost Analysis - The company's cost of revenues as a percentage of total revenues was 75.1% in 2020, 51.6% in 2021, and 59.5% in 2022[258] - In 2022, the cost of wafer fabrication accounted for 63.0% of Himax Taiwan's total manufacturing costs, while assembly and testing costs were 30.3%[258] - Full-year revenues for 2022 were $1.2 billion, a 22.3% decline compared to 2021, primarily due to lockdowns in China, geopolitical tensions, and macroeconomic factors[271] - Revenues decreased by 22.3% to $1.20 billion in 2022 from $1.55 billion in 2021, driven by weak demand across all segments due to macroeconomic factors[297] - Large-sized Display Drivers revenues decreased by 33.7% to $264.0 million in 2022 from $397.9 million in 2021[298] - Small and Medium-sized Display Drivers revenues decreased by 19.2% to $778.9 million in 2022, while automotive segment sales grew over 50%[299] - Non-Driver Products revenues decreased by 14.7% to $158.4 million in 2022, partially offset by an increase in WiseEye sales[300] - Cost of revenues decreased by 10.6% to $714.2 million in 2022, but as a percentage of revenues, it increased to 59.5% from 51.6% in 2021[301] - Driver IC segment revenues increased from $756.5 million in 2020 to $1,361.4 million in 2021, but declined to $1,042.9 million in 2022[308] - Non-Driver Products segment operating loss improved from $(40.8) million in 2020 to $(6.9) million in 2021, but worsened to $(17.7) million in 2022[308] Share-Based Compensation and Employee Benefits - The company recognized share-based compensation expenses of $4.8 million in 2020, $23.8 million in 2021, and $20 million in 2022[261] - The company's share-based compensation expenses include RSU grants, with significant cash settlements in 2021 ($23.2 million) and 2022 ($17.5 million)[264] - The company granted 2,226,690 units of stock options to employees at an exercise price of $2.27 on September 30, 2019, with a vesting schedule of 50% after six months and 50% after one year[266] - In 2020, the company granted additional stock options totaling 163,500 units at various exercise prices, which were fully vested by October 1, 2020[266] - The company recognized $0.7 million in share-based compensation expenses related to stock options in 2020[266] - The company granted cash bonuses totaling $47.7 million and $19.3 million to employees, with $1.6 million and $1.0 million immediately vested in 2021 and 2022, respectively[267] - Share-based compensation expenses related to RSUs totaled $20.0 million in 2022[282] - Aggregate cash compensation for executive officers in 2022 was approximately $1.7 million, with share-based compensation at $0.4 million[354] - Independent directors received aggregate cash compensation of approximately $150,000 in 2022, with no share-based compensation[354] - The 2011 Long-Term Incentive Plan was extended to September 6, 2025, allowing for continued grant of stock options and restricted share units[368] - Company granted 2,226,690 employee stock options on September 30, 2019, with an exercise price of $2.27 per option and a vesting schedule of 50% after six months and 50% after one year[373] - Company granted 580,235 RSUs on September 29, 2017, with 96.91% vested immediately and settled by $6.1 million in cash, and the remainder vesting equally over three years[376] - Company granted 676,273 RSUs on September 26, 2018, with 97.15% vested immediately and settled by $3.8 million in cash, and the remainder vesting equally over three years[377] - Company granted 1,402,714 RSUs on September 28, 2020, with 98.68% vested immediately and settled by $4.8 million in cash, and the remainder vesting equally over three years[377] - Company granted 2,604,545 RSUs on September 28, 2021, with 85.63% vested immediately and settled by $23.2 million in cash, and the remainder vesting equally over three years[378] - Company granted 3,987,509 RSUs on September 28, 2022, with 86.41% vested immediately and settled by $17.5 million in cash, and the remainder vesting equally over three years[378] Research and Development - Research and development expenses as a percentage of revenues were 14.6% in 2022, up from 9.8% in 2021[279] - Research and development expenses increased by 16.0% to $175.6 million in 2022, driven by higher RSU compensation and salary expenses[302] - Research and development expenses increased from $122.3 million in 2020 to $175.6 million in 2022, representing 14.6% of revenues in 2022[320] - Capital expenditures increased from $5.8 million in 2020 to $11.8 million in 2022, mainly for design tools and R&D equipment[318] - Research and development employees constitute the largest functional group, with 1,453 employees as of December 31, 2022[366] Product and Market Performance - The majority of the company's revenues in 2022 were derived from sales of display drivers incorporated into TFT-LCD panels[249] - The company's average selling prices are affected by factors such as manufacturing costs, product life cycle, competition, and customer bargaining power[251] - The company's unit shipments depend on customers' panel shipments and the capacity obtained from foundry, assembly, and testing houses[252] - The company's non-driver products have higher gross margins and growth potential compared to driver products, with expectations of improved overall profit margins[254] - The company's design wins are influenced by panel manufacturers introducing new models, establishing new fabs, and replacing existing display driver companies[255] - Display drivers for large-sized applications accounted for 22.0% of 2022 revenues, while small and medium-sized applications accounted for 64.8%[273] - Customer A and its affiliates accounted for 32.3% of 2022 revenues, while Customer C accounted for 9.4%[275] - Automotive TDDI sales grew over 110% in 2021 and over 50% in 2022, with strong growth expected to continue in 2023[325] - The company has been awarded more than 200 automotive TDDI projects, with only a small portion currently in mass production[325] - Smartphone AMOLED solution is set to start mass production from the second half of 2023[326] - AMOLED driver IC for tablets commenced mass production in Q1 2022, with both AMOLED driver and Tcon solutions provided for a leading global tablet customer[327] - Flexible AMOLED driver and Tcon for automotive display ramped up for a flagship EV model in Q1 2022, with increasing awarded projects from global car makers and EV vendors[327] - AMOLED display drivers for smartphone, TV, and notebook applications expected to contribute small sales from H2 2023, with significant shipment growth starting 2024[327] - Local dimming Tcon products supporting 240 Hz frame rate and 8K resolution began mass production in Q2 2022, with robust growth expected from 2023[329] - WLO technology shipments increased significantly in 2018 due to large-scale adoption by a leading AR device customer, with volume production expected to start mid-2023[330] - WiseEye AI solution saw meaningful shipments in 2022 for Dell's notebook and other AI applications, with more design-wins and volume shipments anticipated from 2023[331] - Next-generation WE2 AI processor debuted at CES 2023, offering over 50 times power efficiency compared to WE1, with mass production expected to start in 2023[332] - 3D decoder IC certified by leading Chinese electronic payment standard, with meaningful volume shipments in 2022 and increasing adoption in AR/VR applications[333] - CMOS image sensor business expanded with ultralow power Always-On CMOS image sensor targeting AI applications, receiving global customer feedback and design adoptions[334] - LCoS technology continues to focus on AR goggle devices and AR HUD for automotive, with state-of-the-art products demonstrated by industry-leading customers[335] Financial Position and Cash Flow - Total cash and cash equivalents decreased from $336.0 million at the end of 2021 to $221.6 million at the end of 2022[311] - Net cash provided by operating activities decreased significantly from $388.3 million in 2021 to $82.9 million in 2022[313] - The company has contractual purchase obligations totaling $2,088 million as of December 31, 2022, with $625 million expected to be paid within the next 12 months[317] - The company paid a cash dividend of $217.9 million, or $1.25 per ADS, on July 12, 2022[399] - Himax Taiwan is permitted to distribute dividends after allowances for taxes, prior years' deficits, legal reserve, special reserve, and preferred share dividends[400] - The company's sales and cost of revenues in 2022 were over 99% denominated in U.S. dollars, with 61% of operating expenses in NT dollars[429] - As of December 31, 2022, the company had no outstanding foreign currency exchange contracts[430] - The company received $0.6 million netting of 30% withholding tax from the depositary relating to the ADR program in 2022[434] Corporate Governance and Board Structure - The company's board of directors consists of 5 members, all of whom are male, with no diverse members as per Nasdaq Rule 5605(f)(2)(B)[352][353] - The audit committee oversees accounting, financial reporting, and internal controls, and is composed of independent directors[358] - The compensation committee reviews and approves compensation structures for directors and executive officers, with no executive present during their own compensation deliberations[359][361] - The nominating and corporate governance committee identifies qualified board candidates and ensures compliance with corporate governance standards[362] - The company's board diversity matrix indicates no female, non-binary, or LGBTQ+ directors as of March 31, 2023[353] - The audit of the company's consolidated financial statements for the years ended December 31, 2021 and 2022 resulted in an unqualified opinion[442] - The company's internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and preparation of financial statements[443] - The audit of internal control over financial reporting included assessing risks, testing controls, and evaluating their design and operating effectiveness[443] - Internal control over financial reporting has inherent limitations and may not prevent or detect all misstatements[443] - Projections of control effectiveness to future periods are subject to risks of inadequacy due to changing conditions or deteriorating compliance[443] - The audit was conducted in accordance with PCAOB standards and provided a reasonable basis for the opinion[443] - The company's management is responsible for maintaining effective internal control over financial reporting[443] - The audit report was issued by KPMG on April 6, 2023[444] Shareholder and Ownership Information - As of March 31, 2023, 348,833,050 shares were outstanding, with 212,779,660 shares in the form of ADSs registered under JPMorgan Chase Bank, N.A.[388] - Dr. Biing-Seng Wu beneficially owns 76,904,468 ordinary shares, representing 22.0% of the outstanding shares[392] - Whei-Lan Teng beneficially owns 22,868,370 ordinary shares, representing approximately 6.6% of the outstanding ordinary shares[393] - The company's ADSs are traded on the NASDAQ Global Select Market under the symbol "HIMX"[403] - The company's authorized share capital is $300,000,000 divided into 1,000,000,000 shares of nominal or par value of $0.3 each[406] - A U.S. Holder of ADSs will be treated as the owner of the underlying ordinary shares for U.S. federal income tax purposes[416] Tax and Regulatory Environment - Income tax expense decreased to $41.1 million in 2022, with an effective tax rate of 14.9%, down from 20.3% in 2021[305] - The ROC's Foreign Exchange Control Statute requires approval for any conversion exceeding $50 million annually for companies[409] - The Cayman Islands levies no taxes on profits, income, gains, or appreciation, and the company has obtained a 20-year tax exemption[411] Supply Chain and Manufacturing - The company's supply chain management focuses on maintaining close relationships with key semiconductor manufacturing service providers to ensure timely delivery and quality standards[259] - Inventory write-downs in 2022 were approximately $22.2 million, included in cost of revenues[286] - Goodwill for Driver IC CGU and WLO CGU was $26.8 million and $1.3 million as of December 31, 2021 and 2022, respectively, with no impairment loss recognized in 2020, 2021, or 2022[289] - Undistributed earnings of subsidiaries totaled approximately $1.28 billion as of December 31, 2022, with plans to reinvest these earnings indefinitely[291] - The company appointed JPMorgan Chase Bank, N.A. as its new American depositary receipt bank on July 14, 2017, with a contract term of ten years[435] Employee and Workforce Information - Total number of employees increased from 2,056 in 2020 to 2,181 in 2022, with 1,453 in research and development, 285 in engineering and manufacturing, 309 in sales and marketing, and 134 in general and administrative roles[364][366] - Research and development employees constitute the largest functional group, with 1,453 employees as of December 31, 2022[366] Related Party Transactions - Company provided an interest-free loan of $1.2 million to VST in both 2021 and 2022, with expectations of repayment in full during 2023[390] - Viewsil provided technical services for the company's research activities, with fees of $1.4 million in 2020 and 2021, and $1.05 million in 2022[394]

Drive for better vision 1-1889 -898 Nasdaq : HIMX February 2023 INVESTOR PRESENTATION Forward Looking Statements Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company's business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; ...

Himax Technologies, Inc. (NASDAQ:HIMX) Q4 2022 Earnings Conference Call February 9, 2023 8:00 AM ET Company Participants Mark Schwalenberg - IR, MZ Group Jordan Wu - President and Chief Executive Officer Jessica Pan - Chief Financial Officer Eric Li - Chief IR and PR Officer Conference Call Participants Jerry Su - Crédit Suisse AG Jason Tsang - CLSA (Transcript provided to Seeking Alpha by the company.) Operator Hello, ladies and gentlemen, welcome to the Himax Technologies, Incorporated Fourth Quarter and ...

Financial Performance - Q4 2022 revenues were $262.3M, a 22.8% QoQ increase, exceeding guidance of 4.0% to 8.0% growth[1] - Q4 2022 IFRS after-tax profit was $42.2M, or 24.1 cents per diluted ADS, compared to $8.3M last quarter[1] - Full year 2022 revenues were $1.2B with an IFRS gross margin of 40.5% and IFRS profit of $1.36 per diluted ADS[1] - Q1 2023 revenues expected to decrease 12.0% to 17.0% QoQ with IFRS gross margin of 28.0% to 30.0%[1] - 2022 IFRS operating income was $257.6M, or 21.4% of sales, down from $545.0M in 2021[15] - Q1 2023 revenue is expected to decrease by 12.0% to 17.0% sequentially, with gross margin projected to be around 28.0% to 30.0%[37] - Revenues from third parties, net for the twelve months ended December 31, 2022, were $1,201,124 thousand, a decrease from $1,546,972 thousand in 2021[55] - Operating income for the twelve months ended December 31, 2022, was $257,587 thousand, compared to $545,021 thousand in 2021[56] - Profit attributable to Himax Technologies, Inc. stockholders for the twelve months ended December 31, 2022, was $236,982 thousand, down from $436,896 thousand in 2021[56] - Basic earnings per ADS attributable to Himax Technologies, Inc. stockholders for the twelve months ended December 31, 2022, were $1.356, compared to $2.502 in 2021[56] - Total costs and expenses for the twelve months ended December 31, 2022, were $943,752 thousand, a decrease from $1,002,076 thousand in 2021[56] - Profit for the period in Q4 2022 was $41,998 thousand, a significant decrease from $141,472 thousand in Q4 2021[69] - Profit attributable to Himax Technologies, Inc. stockholders in Q4 2022 was $42,156 thousand, down from $142,393 thousand in Q4 2021[75] - Revenues for the twelve months ended December 31, 2022, were $1,201,339 thousand, compared to $1,547,097 thousand in 2021[79] - Gross profit excluding share-based compensation and cash award was $488,092 thousand for the twelve months ended December 31, 2022, down from $749,771 thousand in 2021[79] - Operating income excluding share-based compensation, acquisition-related charges, and cash award was $306,799 thousand for the twelve months ended December 31, 2022, compared to $578,288 thousand in 2021[79] Automotive Business - Automotive sales in 2022 grew over 50%, with auto TDDI sales surging more than 300%[1] - Automotive driver business represented over 30% of total sales in Q4 2022, with TDDI sales up 170% YoY[6] - Automotive TDDI sales are poised to grow by single digit in Q1, supported by a strong new design-in pipeline[23] - Himax's LTDI (Large Touch and Display Driver Integration) solution is scheduled to start mass production in Q2 2023, targeting large automotive displays[26] - Q1 automotive Tcon sales are expected to increase more than 150% year-over-year, representing over 2% of total sales[28] Display Driver Business - Q4 2022 small and medium-sized display driver revenue was $177.4M, a 25.5% QoQ increase[5] - Q1 large display driver IC revenue is projected to grow high single digit sequentially, with monitor IC sales expected to increase by a decent double digit[22] - Smartphone AMOLED driver production is expected to commence in H2 2023, with significant capacity already secured[27] Non-Driver Business - Q4 2022 non-driver business revenue was $41.4M, a 33.8% QoQ increase, with Tcon business up double digits[7] - Non-driver IC business revenue is expected to decrease mid-teens sequentially in Q1 2023[37] Inventory Management - Inventory position improved since Q3 2022 peak and expected to decrease to historical average by Q3 2023[2] - Inventory levels have improved since Q3 2022 and are anticipated to decrease to near historical averages by Q3 2023[19] - Inventories write downs increased to $9,104 thousand in Q4 2022 from $4,103 thousand in Q4 2021[69] Non-IFRS Metrics - Non-IFRS gross margin for Q4 2022 was 30.5%, compared to 51.8% in Q4 2021 and 36.3% in Q3 2022[47] - Non-IFRS operating margin for Q4 2022 was 13.1%, compared to 41.1% in Q4 2021 and 14.5% in Q3 2022[47] - Non-IFRS net margin attributable to stockholders for Q4 2022 was 18.2%, compared to 32.8% in Q4 2021 and 13.9% in Q3 2022[48] - Full-year 2022 non-IFRS gross margin was 40.6%, down from 48.5% in 2021[50] - Full-year 2022 non-IFRS operating margin was 25.5%, down from 37.4% in 2021[50] - Full-year 2022 non-IFRS net margin attributable to stockholders was 23.0%, down from 30.0% in 2021[52] - Q4 2022 diluted non-IFRS earnings per ADS were $0.273, compared to $1.580 for the full year 2022[53] - Gross margin excluding share-based compensation and cash award in Q4 2022 was 30.5%, down from 51.8% in Q4 2021[76] - Operating margin excluding share-based compensation, acquisition-related charges and cash award in Q4 2022 was 13.1%, compared to 41.1% in Q4 2021[76] - Gross margin excluding share-based compensation and cash award was 40.6% for the twelve months ended December 31, 2022, compared to 48.5% in 2021[79] - Operating margin excluding share-based compensation, acquisition-related charges, and cash award was 25.5% for the twelve months ended December 31, 2022, down from 37.4% in 2021[79] - Net margin attributable to Himax Technologies, Inc. stockholders excluding share-based compensation, acquisition-related charges, and cash award was 23.0% for the twelve months ended December 31, 2022, compared to 30.0% in 2021[78] - Profit attributable to Himax Technologies, Inc. stockholders excluding share-based compensation, acquisition-related charges, and cash award was $276,147 thousand for the twelve months ended December 31, 2022, down from $463,565 thousand in 2021[79] - Diluted non-IFRS earnings per ADS attributable to Himax Technologies, Inc. stockholders excluding share-based compensation, acquisition-related charges, and cash award was $1.580 for the twelve months ended December 31, 2022[81] Research and Development - Research and development expenses for the twelve months ended December 31, 2022, were $175,557 thousand, up from $151,386 thousand in 2021[56] - Himax's 3D sensing technology is being deployed for real-time digital twins and avatars, with market entry expected next year[36] - WiseEye WE2 AI processor offers 40% peak power saving and 30-fold inference speed compared to the first-generation WE1 processor[33] Cash Flow and Assets - Cash and cash equivalents as of December 31, 2022, were $221,581 thousand, down from $336,024 thousand in 2021[67] - Total assets as of December 31, 2022, were $1,701,758 thousand, compared to $1,603,194 thousand in 2021[67] - Total liabilities as of December 31, 2022, were $807,937 thousand, up from $731,212 thousand in 2021[68] - Cash generated from operating activities in Q4 2022 was $4,312 thousand, a sharp decline from $182,237 thousand in Q4 2021[70] - Net cash provided by operating activities in Q4 2022 was $5,466 thousand, compared to $182,248 thousand in Q4 2021[70] - Acquisitions of property, plant and equipment in Q4 2022 were $2,312 thousand, slightly higher than $2,020 thousand in Q4 2021[70] - Proceeds from disposal of subsidiary in Q4 2022 were $14,769 thousand, with no comparable figure in Q4 2021[70] Share-Based Compensation - Share-based compensation for the twelve months ended December 31, 2022, totaled $16,430 thousand, compared to $18,978 thousand in 2021[62] - Share-based compensation, net of tax, was $16,430 thousand for the twelve months ended December 31, 2022, down from $18,978 thousand in 2021[79] - Cash award, net of tax, was $22,053 thousand for the twelve months ended December 31, 2022, compared to $6,844 thousand in 2021[79] Depreciation and Amortization - Depreciation and amortization expenses in Q4 2022 were $5,196 thousand, slightly lower than $5,329 thousand in Q4 2021[69] Company Overview - Himax has 2,932 patents granted and 398 patents pending as of December 31, 2022[42] - The company employs approximately 2,200 people across its global offices[42] - Himax is a market leader in display driver ICs and timing controllers for various consumer electronics[42]

Himax Technologies, Inc. (NASDAQ:HIMX) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET Company Participants Mark Schwalenberg - IR, MZ Group Jordan Wu - President and Chief Executive Officer Jessica Pan - Chief Financial Officer Eric Li - Chief IR and PR Officer Conference Call Participants Donnie Teng - Nomura Securities Tiffany Yeh - Morgan Stanley (Transcript provided to Seeking Alpha by the company.) Operator Hello, ladies and gentlemen, welcome to Himax Technologies, Inc. Second Quarter 2 ...

Himax Technologies, Inc. (NASDAQ:HIMX) Q2 2022 Earnings Conference Call August 11, 2022 8:00 AM ET Company Participants Mark Schwalenberg - Investor Relations, MZ Jordan Wu - President and Chief Executive Officer Jessica Pan - Chief Financial Officer Eric Li - Chief IR and PR Officer Conference Call Participants Jerry Su - Credit Suisse Operator Hello, ladies and gentlemen, welcome to Himax Technologies, Inc. Second Quarter 2022 Earnings Conference Call. As a reminder, this conference call is being recorded ...

Himax Technologies, Inc. (NASDAQ:HIMX) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Mark Schwalenberg - Investor Relations Jordan Wu - President and Chief Executive Officer Jessica Pan - Chief Financial Officer Eric Li - Chief IR/PR Officer Conference Call Participants Donnie Teng - Nomura Jerry Su - Credit Suisse (Transcript provided to Seeking Alpha by the company.) Operator Hello, ladies and gentlemen. Welcome to the Himax Technologies, Inc. First Quarter 2022 Earnings Co ...