Himax Technologi Stock Price, News & Analysis

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.

Himax Technologies, Inc. (Nasdaq: HIMX) will participate in the Cowen 49th Annual Technology, Media & Telecom Virtual Conference from June 1 to June 3, 2021. The company's management will conduct one-on-one meetings with potential investors during this event, which is by invitation only. Himax is a leading supplier of display drivers and semiconductor products, recognized for its innovations in display imaging processing technologies. Founded in 2001 and based in Tainan, Taiwan, Himax holds over 3,000 patents worldwide, demonstrating its strong position in the semiconductor market.

Himax Technologies (Nasdaq: HIMX) has introduced its advanced phase modulation LCoS technology targeting two main applications: AR Head-Up Display (HUD) for automotive and Wavelength Selective Switch (WSS) for optical communications. The AR HUD provides superior visual experiences with multi-focal plane capabilities, lower power consumption, and enhanced costs. The WSS system enhances data routing flexibility and bandwidth in WDM networks. Himax has a decade-long production history and can scale its LCoS display production from 300,000 to 2 million units monthly.