Himax TechnologiesNASDAQ: HIMX

Innovative Architecture and Technology Enable Ultra-Large Displays, Slimmer Bezels, Streamlined Design, and Significantly Enhance Touch Performance and User Experience, Driving Advancements in Next-Generation Laptops Innovative Architecture and Technology Enable Ultra-Large Displays, Slimmer Bezels, Streamlined Design, and Significantly Enhance Touch Performance and User Experience, Driving Advancements in Next-Generation Laptops

I reiterate the 'Buy' rating on Himax Technologies with a fair value of $10 per share, driven by strong automotive display solutions. Himax's automotive business, including DDIC, TDDI, TCON, LTDI, and OLED, showed significant growth, accounting for over 47% of total sales. Despite a projected 12%-17% revenue decline in Q3 FY24 due to high-interest rates, long-term growth in the automotive IC market remains promising.

TAINAN, Taiwan, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's third quarter 2024 financial results.

Q2 2024 Revenues Surpassed Guidance while Gross Margin and EPS In Line With Guidance Range Issued on May 9, 2024 Company Q3 2024 Guidance: Revenues to Decrease 12.0 % to 17.0% QoQ, Gross Margin is Expected to be Around 30%, Profit per diluted ADS to be 1.5 Cents to 4.5 Cents

HSINCHU and TAINAN, Taiwan, July 31, 2024 (GLOBE NEWSWIRE) -- E Ink Holdings Inc. (8069.TWO) (“E Ink"), an originator, pioneer and commercial leader in ePaper technology and Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the joint debut of next generation color ePaper timing controller ASIC (“TCON”), the T2000. The new TCON design drives screen updates at a faster speed with lower power consumption, supporting a broad spectrum of color ePaper technology platforms aimed at eReaders, digital signages, and other ePaper platforms. The T2000 eNote handwriting function eliminates the need for a system-on-chip (“SoC”), simplifying the development process and significantly enhancing screen refresh speed to provide a smooth writing experience.

TAINAN, Taiwan, July 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, August 8 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company's second quarter 2024 financial results.

Integration of FOCI's ReLFACon™ CPO Connector with Himax's Nano-Scale WLO Technology to Enhance Bandwidth, Improve Data Transfer Rate, Minimize Signal Loss, Reduce Latency, and Lower Transmission Energy Consumption While Accommodating Next-Gen AGI Application Demands Integration of FOCI's ReLFACon™ CPO Connector with Himax's Nano-Scale WLO Technology to Enhance Bandwidth, Improve Data Transfer Rate, Minimize Signal Loss, Reduce Latency, and Lower Transmission Energy Consumption While Accommodating Next-Gen AGI Application Demands

Empowering On-Device, Ultralow-Power Endpoint AI with Enterprise-Ready, Pretrained Models, Low-Code Capabilities, Custom Optimization, and Efficient Deployment Tools Empowering On-Device, Ultralow-Power Endpoint AI with Enterprise-Ready, Pretrained Models, Low-Code Capabilities, Custom Optimization, and Efficient Deployment Tools

TAINAN, Taiwan and SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its strategic investment in Obsidian Sensors, Inc. ("Obsidian"), a San Diego-based thermal imaging sensor solution manufacturer. Himax's strategic investment in Obsidian Sensors, as the lead investor in Obsidian's convertible note financing, was motivated by the potential of their proprietary and revolutionary high-resolution thermal sensors to dominate the market through low-cost, high-volume production capabilities. The investment amount was not disclosed. In addition to an ongoing engineering collaboration where Obsidian leverages Himax's IC design resources and know-how, the two companies also aim to combine the advantages of Himax's WiseEye ultralow power AI processors with Obsidian's high-resolution thermal imaging to create an advanced thermal vision solution. This would complement Himax's existing AI capabilities and ecosystem support, improving detection in challenging environments and boosting accuracy and reliability, thereby opening doors to a wide array of applications, including industrial, automotive safety and autonomy, and security systems. Obsidian's proprietary thermal imaging camera solutions have already garnered attention in the industry, with notable existing investors including Qualcomm Ventures, Hyundai, Hyundai Mobis, SK Walden and Innolux.