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Himax and Seeed Studio Collaborate to Debut the Industry’s Most Innovative Battery-Powered Endpoint AI Vision Processing Module at CES 2024

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Himax Technologies, Inc. (HIMX) collaborates with Seeed Studio to unveil the Grove Vision AI Module V2, powered by the WiseEye2 AI processor HX6538. This cutting-edge battery-powered endpoint AI vision processing module offers ultralow power consumption, exceptional AI inference performance, and advanced security features, making it a pioneer in the AI-enabled microprocessor sector.
Positive
  • Cutting-edge battery-powered endpoint AI vision processing module
  • Ultralow power consumption and exceptional AI inference performance
  • Advanced security features including Physical Unclonable Function (PUF) security mechanism, RSA and ECC hardware encryption and decryption engines
  • 32 times faster inference speed and 50 times greater energy efficiency compared to its predecessor
  • Seamless integration with Seeed's universal XIAO microcontroller development board series
Negative
  • None.

The announcement of Himax Technologies' new WiseEye2 AI processor represents a significant advancement in the semiconductor sector, particularly for endpoint AI devices. The collaboration with Seeed Studio to unveil the Grove Vision AI Module V2 at CES 2024 underlines the strategic partnership aimed at capturing the growing IoT and AI market. The enhanced capabilities of the WE2 processor, such as 32 times faster inference speed and 50 times greater energy efficiency compared to its predecessor, position Himax as a competitive player in the market.

From a market perspective, the integration of advanced Cortex-M55 and Ethos U55 architecture indicates Himax's commitment to innovation and could potentially increase its market share in the AI-enabled microprocessor industry. The focus on ultralow power consumption and high-speed AI inference power addresses two critical consumer demands in portable and IoT devices, potentially leading to increased adoption rates. Furthermore, the emphasis on security features like PUF and hardware encryption is timely, considering the rising concerns over data privacy and cybersecurity.

The versatility of the Seeed Studio Endpoint AI module, supported by the WE2, caters to a wide range of development needs, which could attract a diverse customer base. This could result in new revenue streams for Himax and Seeed Studio, as developers and manufacturers seek out efficient, secure and powerful AI solutions for their products.

The launch of the WiseEye2 AI processor by Himax Technologies, Inc. is poised to have a financial impact on the company's performance. Himax, being a fabless manufacturer, relies on the innovation and performance of its semiconductor products to drive sales and profitability. The introduction of the WE2 processor with its advanced features and improved performance metrics could lead to an increase in demand for Himax's products, potentially boosting the company's revenue and earnings per share in the ensuing quarters post-launch.

Investors should also consider the potential for cost efficiencies derived from the WE2's Dynamic Voltage Frequency Scaling (DVFS) technology, which could improve gross margins by reducing power-related costs. The processor's ability to enable more computational requirements while maintaining low power consumption can also open up new applications and markets for Himax's products, possibly leading to an expansion of the company's addressable market.

Given that Himax is listed on NASDAQ (HIMX), the stock market reaction to this news could be positive, reflecting investor confidence in the company's growth prospects. However, it's important to monitor the actual market adoption of the new processor and the competitive responses from other industry players to assess the long-term financial implications.

The technological advancements of the WiseEye2 AI processor, such as the integration of Cortex-M55 and Ethos U55 architecture, represent a leap forward in AI processing capabilities. These architectures are designed to enhance machine learning performance, which is crucial for the growing number of endpoint AI applications. The WE2's multi-layered power management and Dynamic Voltage Frequency Scaling (DVFS) technology are indicative of the industry's shift towards energy-efficient computing, which is not only cost-effective but also environmentally sustainable.

The inclusion of security features like Physical Unclonable Function (PUF) and hardware encryption engines are critical for maintaining data integrity and preventing unauthorized access, a growing concern in the IoT space. The capability of fast secure boot and efficient data transmission is an essential requirement for modern AI processors, which the WE2 fulfills.

Moreover, the ease of integration with Seeed’s universal XIAO microcontroller development board series and the No-Code AI methodology can significantly reduce development time and complexity for IoT device manufacturers. This could accelerate the deployment of AI technology across various sectors, potentially leading to widespread adoption and setting a new standard for endpoint AI solutions.

Pioneering the Future of Endpoint AI Devices with Ultralow Power Consumption and High-Speed AI Inference Power, WiseEye2 AI Processor Empowers the Most Versatile and Extensive AI Capabilities

TAINAN, Taiwan and SHENZHEN, China, Jan. 02, 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 the Company, in collaboration with Seeed Studio, the IoT hardware partner providing services that empower developers to implement their projects and products for digital transformation, will unveil a cutting-edge battery-powered endpoint AI vision processing module, Grove Vision AI Module V2, at CES 2024. This processing module features Himax’s WiseEye2 AI processor HX6538 (“WE2”), renowned for its extremely low power consumption and exceptional AI inference performance, offering the most versatile and extensive AI development capabilities. Positioned at the forefront of the industry, the processing module serves as a powerful endpoint AI development platform, paving the way for future AI applications.

Himax’s WiseEyeTM Smart Image Sensing solution has been well adopted in a wide variety of endpoint AI applications. The new generation WE2 AI processor is built upon the success of its predecessor chip, WE1. WE2 leverages the advanced Cortex-M55 and Ethos U55 architecture to deliver 32 times faster inference speed and 50 times greater energy efficiency when compared to WE1. These enhancements allow the WE2 to enable more endpoint AI computational requirements while maintaining ultralow power consumption. The WE2 features a multi-layered power management structure and incorporates Dynamic Voltage Frequency Scaling (DVFS) technology, to achieve microampere level power consumption. WE2 also incorporates impressive security features, including a Physical Unclonable Function (PUF) security mechanism that ensures each chip possesses a unique identity, mitigating the risks of unauthorized access and counterfeiting, thus enhancing the chip security. Additionally, the built-in RSA and ECC hardware encryption and decryption engines achieve millisecond-level fast secure boot, further ensuring secure and efficient data transmission.

As a pioneer in the AI-enabled microprocessor sector, WE2 offers exceptional AI inferencing capabilities with ultralow power consumption outperforming specifications of traditional MCUs. These advantages make WE2 the ideal choice for the Seeed Studio Endpoint AI vision processing module. The Seeed Studio Endpoint AI module, equipped with WE2, is a comprehensive development platform for endpoint AI devices that caters to diverse development needs for both software and hardware. In terms of hardware development, the module supports MIPI CSI cameras and microphones to assist in collecting image and sound data. Additionally, it offers universal interface design that supports numerous IO interfaces, allowing developers to connect different types of external devices on the same interface, and greatly enhancing the flexibility and convenience of product development.

For software development, Seeed Studio’s Endpoint AI vision processing module not only provides dozens of pre-trained AI models but also features the EdgeLab AI toolchain. This powerful tool chain allows users to tailor AI model trainings according to their specific requirements, thereby achieving more personalized AI software developments. When it comes to system-level hardware and software Interoperability and collaboration, the Seeed Studio processing module can seamlessly integrate with the widely popular Seeed’s universal XIAO microcontroller development board series. The combination enables the integration of the processing module into various household appliances with No-Code AI methodology, making the deployment of AI technology in home appliances more efficient.

“At Seeed Studio, we're passionate about putting technology within easy reach, especially with a focus on vision AI innovations. We're excited about Himax Technologies' launch of the WiseEye2 HX6538. This collaboration amplifies our efforts in visual machine learning, and we're proud to stand as partners with Himax,” said Joey Jiang, GM of Industry and Application Group of Seeed Studio.

“Our collaboration with Seeed Studio propels the WE2 technology into a broader market scope, thereby pioneering advancement in the field of endpoint AI devices,” said Mr. Mark Chen, Vice President of Smart Sensing business at Himax. “With its superb AI inference power, ultralow power consumption, and information security features, WE2 has become the top choice for development of endpoint AI applications. We continue our commitment to R&D investment to ensure that our products maintain their industry-leading position and look forward to working with more leading brands and eco-system partners to jointly promote the development of endpoint AI devices,” concluded Mr. Chen.

Himax and Seeed Studio invite all interested parties to stop by our exhibition booth at The Venetian Las Vegas Hotel (3355 Las Vegas Boulevard S, Las Vegas, Nevada, USA) Venetian Exhibit Suite 34-208 to experience firsthand cutting-edge endpoint AI applications of Himax and Seeed Studio. To schedule a meeting or booth tour, please contact Himax at: Himax_CES@himax.com.tw and Seeed Studio at branding@seeed.cc.

About Seeed Studio

Seeed Studio is the IoT hardware partner for digital innovators. Since 2008, they have been working closely with global technology ecosystems to provide hardware modules, devices, and related services. They integrate the latest technology into thousands of open-source hardware modules so that millions of developers, makers, and innovators coming from different backgrounds can innovate interdependently. With professional and industrial expertise in Embedded Machine Learning, Edge Computing, smart sensors, and networks, their ready-to-deploy products are increasingly accelerating myriads of emerging digital solutions in the real world. On this backdrop, their work has been well recognized by both technology and mainstream media, thanks to their avid services for smart energy, digital factory, smart retail, precise agriculture, and scientific research, to mention a few.

https://seeedstudio.com

About Himax Technologies, Inc.

Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and AMOLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Smart Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. While Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, AMOLED ICs, LED drivers, EPD drivers, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,838 patents granted and 376 patents pending approval worldwide as of September 30, 2023.

http://www.himax.com.tw

Forward Looking Statements

Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company's SEC filings, including those risks identified in the section entitled "Risk Factors" in its Form 20-F for the year ended December 31, 2022 filed with the SEC, as may be amended.

Seeed Studio Contact:

Lily Li, Communications & Community Manager
Seeed Technology Co., Ltd
Tel: +86 755-86095676
Email: branding@seeed.cc
https://seeedstudio.com

Himax Contacts:

Eric Li, Chief IR/PR Officer
Himax Technologies, Inc.
Tel: +886-6-505-0880
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw

Karen Tiao, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw

Mark Schwalenberg, Director
Investor Relations - US Representative
MZ North America
Tel: +1-312-261-6430
Email: HIMX@mzgroup.us
www.mzgroup.us


FAQ

What is the name of the company collaborating with Seeed Studio to unveil the Grove Vision AI Module V2?

Himax Technologies, Inc. (HIMX)

What are the key features of the WiseEye2 AI processor HX6538?

The WiseEye2 AI processor HX6538 offers ultralow power consumption, exceptional AI inference performance, and advanced security features including Physical Unclonable Function (PUF) security mechanism, RSA and ECC hardware encryption and decryption engines.

How does the WiseEye2 AI processor HX6538 compare to its predecessor chip, WE1?

The WiseEye2 AI processor HX6538 delivers 32 times faster inference speed and 50 times greater energy efficiency compared to its predecessor.

What are the hardware and software development capabilities of the Seeed Studio Endpoint AI vision processing module?

The module supports MIPI CSI cameras and microphones for image and sound data collection, offers universal interface design for numerous IO interfaces, provides dozens of pre-trained AI models, and features the EdgeLab AI toolchain for personalized AI model trainings.

How does the Seeed Studio processing module integrate with Seeed's universal XIAO microcontroller development board series?

The combination enables the integration of the processing module into various household appliances with No-Code AI methodology, making the deployment of AI technology in home appliances more efficient.

Himax Technologies, Inc.

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About HIMX

奇景光電於民國九十年六月十二日創立,是一家專業的驅動 ic 設計公司,總部設於台南,在台北、新竹也分別設有技術研發與行銷業務辦公室。為了服務客戶,奇景在日本、韓國、大陸等地,也陸續成立了技術支援與業務辦公室。 奇景專精各種 tft-lcd 相關應用的平面顯示器之積體電路的研發、設計、製造管理與銷售。其終端運用產品範圍涵蓋手機、數位相機、數位攝影機、汽車用的顯示器、手持式 dvd 播放器、筆記型電腦、液晶顯示器,以及液晶電視等等。 【公司簡介】 1. 成立於民國 90 年 6 月 12 日。 2. 為南科首家量產之 ic 設計公司。 3. 提供 tft-lcd 完整的解決方案。 4. 透過奇美集團進行上下游光電產業密切配合。 5. 自有技術應用於視訊產品整合方案之類比暨數位邏輯開發。 6. 堅強具實務的經營團隊。 7. 具有與 ic 代工廠共同開發新製程能力。