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™ 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) announced its participation in the Bank of America Merrill Lynch 2021 China Conference, scheduled from November 8 to November 12, 2021. The company will engage in one-on-one or group meetings with interested investors during this invitation-only event. Himax is a leading supplier of display drivers and semiconductor products, significantly impacting consumer electronics. For further conference details or meeting arrangements, interested parties are encouraged to contact Bank of America Merrill Lynch.
Arm today announced Total Solutions for IoT, a comprehensive approach to accelerate Internet of Things (IoT) product development. This initiative aims to reduce design cycles by up to two years, leveraging Arm Virtual Hardware that enables development without needing physical silicon. Additionally, Project Centauri will set standards for IoT software innovation. Arm's solutions are designed to empower developers to focus on innovation and differentiation, streamlining processes with a complete hardware and software ecosystem tailored for specific applications.
Himax Technologies, Inc. (Nasdaq: HIMX) will host a conference call on November 4, 2021, at 8:00 a.m. EDT to discuss its third quarter financial results. The call is open to investors and analysts, with a replay available afterward until November 12, 2021. Himax is a leading supplier of display driver ICs and related semiconductor products, serving various consumer electronics. The company holds a significant number of patents and is committed to innovation in display imaging processing technologies.
Himax Technologies will attend the Morgan Stanley Greater China Display Driver IC Virtual Symposium on September 27-28, 2021. Eric Li, the Chief IR/PR Officer, is scheduled to present on September 28 at 3:15 PM HKT.
As a leading supplier of display drivers and semiconductor products, Himax continues to innovate in display imaging technologies across various consumer electronics.
The event is by invitation only, and those interested must register. For more details, contact a Morgan Stanley representative.
Himax Technologies (Nasdaq: HIMX) announced participation in the Deutsche Bank dbAccess IAA Cars Virtual Conference 2021, scheduled for September 6-7, 2021. The company will hold meetings with interested investors during this exclusive event. Registration is required for conference participation. Himax, a leader in display driver ICs and semiconductor solutions, specializes in technologies for various electronic devices, including TVs, laptops, and automotive applications. For further inquiries or to schedule meetings, interested parties should contact Deutsche Bank representatives.
Himax Technologies (NASDAQ: HIMX) will participate in the 22nd Credit Suisse Asian Technology Virtual Conference from September 6 to September 10, 2021. The Company will host meetings for interested investors during the event, which is by invitation only. Founded in 2001 and based in Tainan, Taiwan, Himax is a leading supplier of display drivers and semiconductor products, holding over 3,023 patents. This engagement reflects Himax's commitment to transparency and investor relations.
Himax Technologies, Inc. (Nasdaq: HIMX), a leader in display drivers and semiconductor products, announced its participation in the Jefferies 2021 Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit set for August 31 – September 1, 2021. During the conference, the company management will conduct meetings with interested investors. Attendance is invitation-only, and registration is required. Founded in 2001, Himax is known for its advanced imaging processing technologies for consumer electronics, with a significant patent portfolio.
Himax Technologies (HIMX) reported Q2 2021 revenues of $365.3M, an 18.2% increase QoQ and a 95.3% increase YoY, achieving all-time highs. Gross margin improved to 47.5%, exceeding guidance. EPS reached 62.4 cents, surpassing expectations. For Q3, the company anticipates revenue growth of 13%-17% sequentially, with gross margin projected at 50.5%-52.0%. Supply constraints and high demand persist, prompting strategic agreements with foundries to enhance capacity and future earnings visibility.
Himax Technologies (Nasdaq: HIMX) announced its sponsorship of the tinyML Vision Challenge, promoting ultralow power machine learning technologies within the developer community. A total of $6,000 in prizes will be awarded to participants. The challenge aims to stimulate innovation in machine learning for edge devices, leveraging Himax's WE-I Plus EVB, a versatile AIoT platform for developing computer vision applications. The competition began in April 2021 and concludes on August 20, 2021, with the goal of fostering a diverse tinyML ecosystem.
Himax Technologies, Inc. (Nasdaq: HIMX) will host a conference call on August 5, 2021, at 8:00 a.m. EDT to discuss its second quarter 2021 financial results. Interested parties can join via phone or through a live webcast. A replay will be available afterward on the company's website. Himax specializes in display driver ICs and other semiconductor products, holding over 3,000 patents. The call will address key business insights and performance metrics.
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