Welcome to our dedicated page for Himax Technologies news (Ticker: HIMX), a resource for investors and traders seeking the latest updates and insights on Himax Technologies stock.
Himax Technologies, Inc. (Nasdaq: HIMX) is a leading semiconductor solution provider specializing in display imaging processing technologies. Founded on June 12, 2001, the company has its headquarters in Tainan, Taiwan, with additional R&D and sales offices in Taipei and Hsinchu. Himax operates primarily through two segments: Driver Integrated Circuit and Non-Driver Products.
The company's core business focuses on the design, development, and management of integrated circuits for flat-panel displays. Their product range includes display driver ICs and timing controllers which are essential components in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and other consumer electronics. Himax also offers controllers for touch sensor displays, in-cell Touch and Display Driver Integration (TDDI) single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors.
Himax has established a significant presence in the global market, with the majority of its revenue generated from China. The company is known for its innovative automotive display solutions, evidenced by its recent achievements in the automotive local dimming Tcon sector. This segment has shown substantial growth, demonstrating Himax's capability to adapt and thrive in evolving markets.
Financially, Himax has reported stable performance despite industry challenges. For the fourth quarter and full year of 2023, the company exceeded its revenue guidance in the non-driver business segment. Notably, their automotive Tcon products have gained considerable traction, paving the way for future growth. As of March 2024, Himax reported $277.4 million in cash, cash equivalents, and other financial assets, an increase from $223.8 million the previous year.
Himax is also actively involved in various partnerships and collaborations. For instance, their collaboration with Arm and Seeed Studio showcases the versatility of their Ultralow Power WiseEye鈩� AI technology across diverse battery-operated endpoint devices. Such initiatives underline the company's commitment to driving innovation and industry leadership.
In the automotive sector, Himax maintains a strong market position with over 450 secured design-win projects. Their comprehensive LCD product lineup and expanding OLED solutions align with the industry's shift towards high-end, sophisticated display technologies. Himax's OLED on-cell touch controller, noted for its high touch signal-to-noise ratio and sensitivity, sets new standards for automotive interior displays.
Overall, Himax Technologies continues to demonstrate resilience and adaptability, leveraging its robust technological foundation and strategic partnerships to sustain growth and expand its market footprint.
Himax Technologies (Nasdaq: HIMX) has successfully achieved mass production of its innovative In-Cell Touch TDDI solution, the HX83132, for high-end LCD AI laptops. This technology has been adopted by leading panel makers and is featured in a marquee brand's first AI laptops with a 15.3-inch, 2.8K high-resolution touch display and 120Hz refresh rate.
The HX83132 series expands In-cell TDDI technology to laptops, offering flexible support for diverse panel sizes and resolutions, optimized module architecture design, and compatibility with existing architectures for rapid upgrades. Key features include support for screen sizes up to 16 inches and resolutions up to 4K, minimized PCB size, narrower bezel design, and comprehensive support for power-saving operations.
This advancement simplifies the supply chain, provides cost benefits to panel manufacturers, and significantly enhances touch performance and user experience in next-generation laptops.
Himax Technologies, Inc. (Nasdaq: HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, has announced its upcoming third quarter 2024 financial results conference call. The call is scheduled for Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time.
Investors and analysts can participate via a live webcast or through various toll-free dial-in numbers available for multiple countries. The webcast will be accessible at http://www.zucast.com/webcast/naEJkyEo. Participants dialing in by phone should use the Participant PIN Code 1407507#.
A replay of the webcast will be available two hours after the call on www.himax.com.tw and can be accessed until November 7, 2025.
Himax Technologies, Inc. (Nasdaq: HIMX) has announced its Q2 2024 results, showing revenues of $239.6M, a 15.5% QoQ increase, surpassing guidance. Gross margin achieved was 32.0%, aligning with expectations. Q2 after-tax profit reached $29.6M, or 16.9 cents per diluted ADS, at the high end of their forecast.
In Q3 2024, Himax anticipates a revenue decline of 12.0% to 17.0% QoQ, with a gross margin around 30% and profit per diluted ADS between 1.5 cents to 4.5 cents. Automotive driver sales rose by over 50% YoY, but macroeconomic uncertainties, especially in China, are affecting IC demand and revenues.
Himax invested in FOCI (5.3% equity stake) and Obsidian Sensors to bolster its portfolio and advance in AI and high-speed computing markets. WiseEye PalmVein technology, adopted by a U.S. customer, is set for mass production by year-end.
E Ink and Himax Technologies have jointly unveiled the T2000, a next-generation color ePaper timing controller ASIC. This advanced TCON offers faster screen updates, lower power consumption, and supports a wide range of color ePaper technologies. Key features include:
1. Enhanced performance: Over 10x faster color rendering compared to the previous generation
2. Integrated handwriting function: Eliminates the need for a separate SoC
3. High resolution support: Up to 4K UHD (3840 x 2160) at 150Hz
4. Energy efficiency: Less than 300 mW in active mode, less than 2 mW in sleep mode
5. Versatile interfaces: MIPI-DSI, USB 3.0, and SPI with up to 1Gbps transmission speed
The T2000 is designed to improve user experience across various ePaper applications, including eReaders and digital signage.
Himax Technologies, a leading supplier and fabless manufacturer of display drivers and semiconductor products, announced that it will hold a conference call with investors and analysts on August 8, 2024, at 8:00 a.m. EDT (8:00 p.m. Taiwan Time). The call will discuss the company's second quarter 2024 financial results. The live webcast can be accessed at zucast.com/webcast/HlPPY5TZ, with toll-free dial-in numbers available for multiple countries including Hong Kong, Taiwan, and the United States.
Himax Technologies, a leading supplier and fabless manufacturer of display drivers and other semiconductor products, will hold its Annual General Meeting (AGM) on August 14, 2024, in Taiwan. Shareholders will vote on adopting the 2023 Audited Accounts and Financial Reports and re-electing Mr. Yuan-Chuan Horng as an Independent Director. The AGM will take place at Himax FAB 2 in Tainan City at 9:30 a.m. local time. The Company has filed its Proxy Statement with the SEC, and the 2023 Annual Report is available on the Himax website. For more details, investors can contact Karen Tiao or Mark Schwalenberg.
Himax Technologies has announced a strategic investment in FOCI Fiber Optic Communications through a private placement financing. Himax will acquire a 5.3% equity stake in FOCI by purchasing 5,000,000 shares at NT$104.4 per share, totaling NT$522 million (approximately $16 million USD). The collaboration aims to integrate Himax's Wafer Level Optics (WLO) technology with FOCI's Co-Packaged Optics (CPO) technology to enhance high-performance computing, cloud servers, and other applications. This partnership is expected to improve bandwidth, data transfer rates, signal integrity, and reduce latency and energy consumption. FOCI's ReLFACon鈩� CPO connector, combined with Himax鈥檚 WLO technology, will be used in various advanced applications, including Artificial General Intelligence (AGI), industrial digitization, and healthcare. This collaboration is a strategic move to solidify both companies鈥� positions in the high-speed computing and optical communication sectors.
Himax Technologies announced the integration of its WiseEye鈩� Ultralow Power AI Sensing solution with the NVIDIA TAO platform. This partnership aims to enhance on-device AI deployment for battery-powered devices by leveraging NVIDIA's enterprise-ready, pretrained models and low-code capabilities. WiseEye鈩� combines ultralow power AI processors, CMOS image sensors, and advanced CNN-based AI algorithms to deliver intelligent, power-efficient vision AI applications. The collaboration allows developers to quickly build and deploy custom AI models using cost-efficient, production-ready modules and evaluation kits, simplifying AI development and extending the operational lifetime of devices. Seeed Studio's SenseCraft toolkit further supports this ecosystem by enabling no-code deployment of NVIDIA TAO-trained models on the WiseEye platform.
Himax Technologies announced a strategic investment in Obsidian Sensors to advance next-gen thermal imaging technology. The investment, though undisclosed, places Himax as the lead investor in Obsidian鈥檚 convertible note financing. The collaboration will merge Himax's WiseEye AI processors with Obsidian's high-resolution thermal sensors, targeting automotive, industrial, and security applications. Obsidian's proprietary technology, capable of high-volume, low-cost production, is expected to transform the thermal imaging market. The partnership is poised to benefit from new safety regulations mandating advanced driver assistance systems. Prominent existing investors in Obsidian include Qualcomm Ventures, Hyundai, and others.
Himax Technologies will attend the Baird 2024 Global Consumer, Technology and Services Conference from June 4 to June 6, 2024, in New York. Represented by Chief IR/PR Officer Eric Li, Himax will participate in a fireside chat on June 4 from 3:10 PM to 3:40 PM EDT. The company will also conduct in-person meetings with investors, although participation is by invitation only and requires registration. The event aims to offer insights into Himax's business operations and growth strategies.
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