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Fund services news

Semiconductor company selects BNY Mellon in Taiwan


31 May 2012 New York
Reporter: Mark Dugdale

Generic business image for news article
Image: Shutterstock
Taiwan-based semiconductor company Himax Technologies has chosen BNY Mellon as the depository for its American depository receipts programme.

Himax produces driver integrated circuits and timing controllers that are used in TVs, notebook computers, monitors, mobile phones, tablets, digital cameras, car navigation systems and other consumer electronics devices.

It employs approximately 1,400 people throughout Taiwan, China, South Korea, Japan and the US. It also owns more than 1,200 patents globally.

Jackie Chang, the chief financial officer of Himax, said: “We were impressed by the global resources and customised solutions that BNY Mellon can offer a high growth company such as ours. We look forward to working with BNY Mellon on initiatives that will strengthen visibility of our company and our despository receipts programme.”

“To be chosen by Himax illustrates our capacity to support rapidly growing firms in dynamic sectors,” said Michael Cole-Fontayn, the CEO of BNY Mellon's depository receipts business.
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