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 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.
Himax Technologies, Inc. (NASDAQ: HIMX) has announced its Annual General Meeting (AGM) scheduled for August 25, 2021, at 9:30 a.m. in Tainan, Taiwan. Shareholders will vote on adopting the 2020 Audited Accounts and Financial Reports and re-electing Mr. Yan-Kuin Su as an Independent Director. The Company’s Proxy Statement has been filed with the SEC, and the 2020 Annual Report is available for download on the Himax website.
Himax Technologies, Inc. (NASDAQ: HIMX) will participate in the UBS Taiwan Virtual Conference 2021 from June 21 to June 23, 2021. The Company plans to engage with interested investors through one-on-one and group meetings. Attendance is by invitation only, and registration is required. Himax is recognized as a leading supplier in display driver ICs and semiconductor products, offering a variety of technologies for consumer electronics. The firm's extensive portfolio includes solutions for AR and VR devices, smartphones, and automotive applications.
Himax Technologies declared a cash dividend of 27.2 cents per ADS, equivalent to 13.6 cents per ordinary share, for 2020. The dividend is payable on July 12, 2021 to shareholders on record as of June 30, 2021. This marks a payout ratio of 100% based on fiscal year 2020 profit, reflecting strong revenue and earnings growth. Himax has a commitment to its dividend policy since its IPO in 2006, underscoring confidence in strategic growth initiatives and the financial outlook for 2021.
Himax Technologies, a leading semiconductor provider, will attend Baird's 2021 Global Consumer, Technology & Services Conference from June 8-10, 2021. Chief IR/PR Officer Eric Li will speak during a fireside chat on June 10 from 9:05 to 9:35 AM EDT. The company will also hold meetings with investors throughout the event. Himax, headquartered in Tainan, Taiwan, specializes in display drivers and imaging processing technologies, holding over 3,000 patents. Participation in the conference is by invitation only, and registration is required.
FAQ
What is the current stock price of Himax Technologies (HIMX)?
What is the market cap of Himax Technologies (HIMX)?
What does Himax Technologies specialize in?
Where is Himax Technologies headquartered?
What are the key products offered by Himax Technologies?
Which markets contribute to the majority of Himax's revenue?
What are Himax's recent achievements?
How is Himax performing financially?
What collaborations is Himax involved in?
What is Himax's position in the automotive display market?
What technologies is Himax focusing on for future growth?
How does Himax ensure it remains competitive in the market?
