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Himax Technologies, Inc. - HIMX STOCK NEWS

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.

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Himax Technologies, Inc. (Nasdaq: HIMX) and its subsidiary CM Visual Technology Corp. collaborate with Ta Yih Industrial Co., Ltd. to develop cutting-edge LED Edge-Lit Type automotive lighting application featuring CMVT's nano-optical film technology. The innovative design enhances light efficiency and uniformity, reduces the size of automotive lighting fixtures, and introduces a new level of customization to automotive lighting designs.
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Himax Technologies, Inc. (Nasdaq: HIMX) announced its comprehensive automotive display IC and touch IC solutions for large-size AMOLED and LCD panels at CES 2024. The company will showcase the HX8530 series for AMOLED displays and HX8880 series for LCD panels, emphasizing its industry leadership in automotive display products.
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Himax Technologies, Inc. (Nasdaq: HIMX) announces participation in UBS Global Technology Conference 2023
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HIMX: Q3 2023 Revenues and EPS Beat Guidance, Gross Margin at Upper End of Guidance Range. Q4 2023 Guidance: Revenues to Decline 5.0% to 11.0% QoQ, Gross Margin at 30%, Profit per diluted ADS to be 9.0 Cents to 13.0 Cents
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Himax Technologies has entered a strategic cooperation agreement with Nexchip Semiconductor for the supply of ICs for the automotive display market. The partnership aims to meet the increasing demand for automotive displays, particularly in China. Himax's broad range of display offerings positions them as a leading provider in the industry.
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Himax Technologies to hold conference call for Q3 2023 financial results
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Himax Technologies announces mass production of its LTDI automotive display solution for NEVs
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Himax and Liqxtal unveil Liqxtal Graph Display Glasses at Vision Expo West 2023, a groundbreaking display technology for glasses that can showcase personalized and colored content on the exterior lens without blocking the wearer's line of sight. The technology has garnered recognition and active collaborations are underway.
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FAQ

What is the current stock price of Himax Technologies (HIMX)?

The current stock price of Himax Technologies (HIMX) is $8.02 as of December 23, 2024.

What is the market cap of Himax Technologies (HIMX)?

The market cap of Himax Technologies (HIMX) is approximately 1.4B.

What does Himax Technologies specialize in?

Himax Technologies specializes in display imaging processing technologies, primarily through its Driver Integrated Circuit and Non-Driver Products segments.

Where is Himax Technologies headquartered?

Himax Technologies is headquartered in Tainan, Taiwan, with additional offices in Taipei and Hsinchu.

What are the key products offered by Himax Technologies?

Himax offers display driver ICs, timing controllers, touch sensor display controllers, TDDI solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors.

Which markets contribute to the majority of Himax's revenue?

The majority of Himax's revenue is generated from the Chinese market.

What are Himax's recent achievements?

Himax has seen substantial growth in its automotive local dimming Tcon products and has reported better-than-expected performance in the non-driver business segment for Q4 2023.

How is Himax performing financially?

As of March 2024, Himax reported $277.4 million in cash, cash equivalents, and other financial assets, demonstrating stable financial performance.

What collaborations is Himax involved in?

Himax collaborates with Arm and Seeed Studio to showcase its Ultralow Power WiseEye™ AI technology across various battery-operated endpoint devices.

What is Himax's position in the automotive display market?

Himax holds a strong market position in the automotive display sector with over 450 secured design-win projects.

What technologies is Himax focusing on for future growth?

Himax is focusing on advancing its LCD and OLED display technologies, including TDDI and local dimming Tcon solutions, to drive future growth.

How does Himax ensure it remains competitive in the market?

Himax maintains competitiveness through continuous innovation, strategic partnerships, and a comprehensive product lineup that addresses various market needs and technological advancements.

Himax Technologies, Inc.

Nasdaq:HIMX

HIMX Rankings

HIMX Stock Data

1.37B
120.88M
30.93%
18.27%
3.67%
Semiconductors
Technology
Link
United States of America
Tainan City