Himax Imaging Chooses TowerJazz Panasonic Semiconductor’s State of the Art 65nm Process with Outstanding 1.12um Pixel for Its Next Generation Cameras for Smart Phone Applications

MIGDAL HAEMEK, Israel & TAINAN, Taiwan--(BUSINESS WIRE)--TowerJazz (NASDAQ: TSEM)(TASE: TSEM), the global specialty foundry leader, and TowerJazz Panasonic Semiconductor Co., Ltd. (TPSCo) today announced its first major third party CMOS image sensor (CIS) customer, Himax Imaging, Inc., a subsidiary of Himax Technologies, Inc. (Nasdaq: HIMX), that is developing its next generation high end cameras for smart phone applications using TPSCo’s state of the art 1.12um-pixel CMOS image sensor (CIS) 65nm process. According to a report from Yole Développement on mobile phone business, 500 million units of high end cameras for smart phones having resolution of above 8Mp were sold in 2013 and sales of such cameras are expected to grow to 1300 million units in 2017.