Himax Technologies, a Chinese designer and marketer of semiconductors for use in flat panel displays, announced Monday that it will offer 52 million ADSs at a range of $7.50 to $9.00. Assuming the stock prices at the midpoint, the company will have a $1.6 billion initial market capitalization. Morgan Stanley and Credit Suisse head the list of underwriters on the deal. Timing has yet to be determined.
