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. reports recurring developments as a fabless semiconductor solution provider focused on display imaging processing technologies. Company updates cover display driver ICs, timing controllers and touch controller products used in TVs, monitors, laptops, mobile phones, tablets, automotive displays, ePaper devices, industrial displays, projectors and AR or VR devices.
Recurring news themes include quarterly results and guidance, ADS dividend declarations, automotive display IC and Tcon demand, non-driver products, WiseEye ultralow-power endpoint AI, LCoS microdisplays, WLO optical technologies and OLED touch controller ICs. Product announcements often describe applications in smart home, surveillance, access control, smart glasses, smart cabin displays and advanced imaging.
Himax Technologies reported outstanding Q4 2021 results, with revenues hitting $451.9M, up 63.9% YoY. Non-IFRS profit per diluted ADS reached a record 84.9 cents. Full-year revenues exceeded $1.5 billion, a growth of 74.4% from 2020. However, the company projects a 5% to 9% QoQ revenue decline for Q1 2022. Guidance for non-IFRS gross margin is set between 46% and 48%. The automotive sector is anticipated to become the primary sales contributor with a target to double sales in 2022. Himax remains positive about its growth prospects in automotive and AI image sensing despite macroeconomic uncertainties.
Himax Technologies, Inc. (Nasdaq: HIMX) will hold a conference call on February 17, 2022, at 8:00 a.m. EST to discuss its fourth quarter and full year 2021 financial results. Investors can participate via dial-in or webcast. A replay will be available post-call. Himax, a leader in display driver ICs and semiconductor products, focuses on imaging technologies for various consumer electronics. Established in 2001 and based in Tainan, Taiwan, it holds over 3,000 patents, emphasizing innovation in display solutions.
Himax Technologies has unveiled an industry-first 288Hz 8K TV Timing Controller (TCON) aimed at the gaming TV market. This breakthrough technology addresses the demand for high-refresh-rate displays, enabling smooth gaming experiences. Collaborating with top TV panel makers, Himax's TCON surpasses the 60Hz/120Hz standard, enhancing 8K visuals. In 2021, the company reported a 50% annual increase in 8K TCON shipments, reflecting significant market growth. Himax's development includes advanced technologies like Variable Refresh Rate and proprietary image quality enhancements, positioning it as a leader in display technology.
Himax Technologies (Nasdaq: HIMX) will participate in the Baird 2022 Vehicle Technology & Mobility Virtual Conference on January 25, 2022. The presentation will be led by Chief IR/PR Officer Eric Li from 10:50 AM to 11:20 AM EST. Additionally, one-on-one and group meetings with investors will be held during this time. Interested parties must register for the conference as attendance is by invitation only. Himax, a semiconductor leader in display technology, is recognized for its innovation in driver ICs and imaging solutions across various consumer electronics.
Himax Technologies (Nasdaq: HIMX) announced its participation in the Bank of America 2022 Asia Week in New York, scheduled from January 18 to 21, 2022. The company management will conduct virtual meetings with investors during the event.
This conference is by invitation only, and interested parties must register. Himax, a leader in display driver ICs and semiconductor products, continues to innovate in various consumer electronics, holding over 3,021 patents.
Himax Technologies (NASDAQ: HIMX) will participate in the 24th Annual Needham Virtual Growth Conference from January 10-14, 2022. The company's Chief IR/PR Officer, Eric Li, will present on January 10 from 5:00 - 5:40 PM EST during Track 3. Himax management will also hold one-on-one and group meetings for interested investors throughout the conference. The event is invitation-only and requires registration. Himax is a leader in display driver ICs and semiconductor products, serving various consumer electronics sectors.
Himax Technologies (Nasdaq: HIMX) will showcase its leading HX8880-D/E Series TCON at CES 2022 from January 5-8. The TCON supports advanced local dimming for ultra-high resolution automotive displays, enhancing driver safety with superior contrast and low power consumption. The HX8880-D is already in production for several premium car models, while the next-generation HX8880-E is set for mass production mid-2022. Himax collaborates with top LED driver suppliers to meet stringent automotive standards and aims for significant growth in the automotive sector.
Himax Technologies (NASDAQ: HIMX) announced its participation in the Credit Suisse 2022 Greater China Technology and Internet Virtual Conference, scheduled for January 5-7, 2022. The company will offer one-on-one and group meetings with investors during the event, which requires registration. Himax, a leader in semiconductor solutions, specializes in display drivers and timing controllers for various consumer electronics, employing around 2,000 individuals globally. As of September 30, 2021, the company holds over 3,000 patents, solidifying its competitive position in the market.
Himax Technologies (Nasdaq: HIMX), a leader in automotive display ICs, announced that its second generation in-cell TDDI series, HX83192, began mass production in Q3 2021. The series has achieved over 1 million units shipped in its first quarter and is set for broad adoption in new vehicle models from 2022 to 2024. Himax holds over 40% market share in traditional automotive driver ICs and expects its automotive TDDI sales to significantly contribute to revenue, anticipating automotive ICs to become its largest revenue source in 2022.
Himax Technologies, Inc. (NASDAQ: HIMX) announced that Chairman Dr. Biing-Seng Wu plans to purchase up to $10 million of the Company’s American Depositary Shares (ADSs) in the open market. As of September 30, 2021, Dr. Wu holds approximately 21.4% of the total outstanding shares. This share purchase plan, executed under Securities Exchange Act rules, reflects management's strong confidence in the Company's long-term prospects. Himax, known for display driver ICs and semiconductor products, aims to enhance its market position across various consumer electronics.