Himax Technologi Stock Price, News & Analysis

Himax Technologies (Nasdaq: HIMX) announced robust preliminary financial results for Q1 2021, forecasting strong performance ahead. Revenues reached $309.0 million, up 12.1% sequentially and 67.4% year-over-year, surpassing guidance of 5-10% increase. Gross margin hit 40.2%, exceeding guidance of 37-38%, and reflecting a significant year-over-year improvement. Earnings per diluted ADS were approximately 38.3 cents, above the expected 30-34 cents. The company anticipates strong demand continuing into Q2 despite the ongoing semiconductor shortage.

Himax Technologies (Nasdaq: HIMX) has partnered with BOE Varitronix (HKEX: 710) to develop a flexible AMOLED automotive display for a major new energy vehicle (NEV) maker. The 12.8-inch Center Information Display utilizes Himax's AMOLED driver and timing controller, enhancing visual quality and safety features. This collaboration positions Himax as a leading supplier in the growing automotive display market, focusing on user interaction technology. The increasing demand for smart cockpit displays supports this trend, underscoring Himax's commitment to innovation in automotive display solutions.

Himax Technologies announced that its ultralow power WE-I Plus AIoT Platform has received Microsoft Azure IoT PnP certification and is now listed in the Azure Certified Device Catalog. This platform enables reliable, long battery life edge AI products for Azure IoT cloud services. The WE-I Plus can operate for over a year on just 4 AA batteries, outperforming similar devices. By using secure metadata transmission, it enhances battery efficiency and device longevity. This collaboration aims to strengthen the Azure IoT ecosystem and simplify cloud connectivity for developers.

Himax Technologies, a leading fabless semiconductor manufacturer, will participate in the 2021 Bank of America Merrill Lynch Asia Pacific Telecom, Media & Technology Virtual Conference from March 15 to March 24, 2021. The company will host one-on-one meetings with investors during the event. This participation is by invitation only, emphasizing the exclusivity for interested stakeholders. Himax is recognized for its innovations in display driver ICs and other technologies, holding over 3,000 patents globally.

Himax Technologies (NASDAQ: HIMX) announced its participation in the Baird 2021 Vehicle Technology & Mobility Virtual Conference, taking place from March 9-10, 2021. Chief IR/PR Officer Eric Li will present on March 9 from 9:50 AM to 10:35 AM. The company will also conduct individual and group meetings with interested investors during the event. Registration for the conference is required, and attendees must receive an invitation. Himax is a leader in display driver ICs and semiconductor solutions, supporting various consumer electronics and automotive applications.

Himax Technologies reported strong Q4 2020 results, with revenues reaching $275.8M, a 14.9% QoQ increase, exceeding guidance. Gross margin improved to 31.2%, significantly up from 22.3% in Q3 2020. IFRS profit was $34.0M, or 19.5 cents per diluted ADS, far surpassing previous guidance. For Q1 2021, Himax expects a revenue increase of 5% to 10% sequentially, with gross margins between 37% to 38%. The company showed solid momentum across all segments, although foundry capacity constraints may impact supply. FY 2020 revenues grew 32.1% YoY to $887.3M.

Himax Technologies, Inc. (Nasdaq: HIMX) has scheduled a conference call on February 4, 2021, at 8:00 a.m. EST to discuss its Q4 and full-year 2020 financial results. This event will provide insights into the company’s performance in the semiconductor industry, particularly in display driver ICs and other related technologies. Interested parties can join via dial-in or webcast. Replay information will be available post-call. Founded in 2001, Himax is a leader in display imaging processing, holding over 3,000 patents worldwide.

Himax Technologies reported strong preliminary financial results for Q4 2020, with revenues reaching $275.8 million, a 14.9% quarterly increase and 57.6% year-over-year growth. Gross margin was 31.2%, surpassing previous guidance of 29% and marking a significant improvement. Earnings per diluted ADS also exceeded expectations, with IFRS earnings projected at 19.5 cents compared to prior guidance of 15.0-16.0 cents. The positive momentum is expected to continue into Q1 2021.

Himax Technologies (NASDAQ: HIMX) will participate in the Credit Suisse 2021 Greater China Technology and Internet Virtual Conference from January 6 to January 8, 2021. The company will host meetings with investors during this exclusive, invitation-only event. Himax is a leading semiconductor supplier specializing in display drivers and imaging processing technologies, boasting over 2,900 patents. Founded in 2001 and headquartered in Tainan, Taiwan, Himax serves various consumer electronics markets globally.