Himax Technologi Stock Price, News & Analysis

Himax Technologies (Nasdaq: HIMX), a leading supplier and fabless manufacturer of display drivers and semiconductor products, announced its participation in the UBS Global Technology and AI Conference. The event will take place on December 2-5, 2024, at The Phoenician Hotel in Scottsdale, Arizona. Company management will be available for in-person meetings with investors during the conference. The conference is invitation-only, and registration is required through the conference coordinator.

Himax Technologies (HIMX) reported Q3 2024 revenues of $222.4M, down 7.2% QoQ but exceeding guidance. Q3 gross margin was 30.0%, with after-tax profit of $13.0M or 7.4 cents per ADS. For Q4 2024, the company expects revenues to be flat to slightly down QoQ, with gross margin flat to slightly up, and profit per ADS between 9.3-11.0 cents.

The company's automotive business remains the largest revenue contributor, representing nearly half of total sales. FY24 automotive driver IC sales are projected to grow high-teens YoY. Himax maintains strong position in automotive TDDI with over 70M cumulative shipments and expects Q4 automotive TDDI sales to surpass DDIC sales for the first time.

Himax Technologies (Nasdaq: HIMX) has successfully achieved mass production of its innovative In-Cell Touch TDDI solution, the HX83132, for high-end LCD AI laptops. This technology has been adopted by leading panel makers and is featured in a marquee brand's first AI laptops with a 15.3-inch, 2.8K high-resolution touch display and 120Hz refresh rate.

The HX83132 series expands In-cell TDDI technology to laptops, offering flexible support for diverse panel sizes and resolutions, optimized module architecture design, and compatibility with existing architectures for rapid upgrades. Key features include support for screen sizes up to 16 inches and resolutions up to 4K, minimized PCB size, narrower bezel design, and comprehensive support for power-saving operations.

This advancement simplifies the supply chain, provides cost benefits to panel manufacturers, and significantly enhances touch performance and user experience in next-generation laptops.

Himax Technologies, Inc. (Nasdaq: HIMX), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, has announced its upcoming third quarter 2024 financial results conference call. The call is scheduled for Thursday, November 7 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time.

Investors and analysts can participate via a live webcast or through various toll-free dial-in numbers available for multiple countries. The webcast will be accessible at http://www.zucast.com/webcast/naEJkyEo. Participants dialing in by phone should use the Participant PIN Code 1407507#.

A replay of the webcast will be available two hours after the call on www.himax.com.tw and can be accessed until November 7, 2025.

Himax Technologies, Inc. (Nasdaq: HIMX) has announced its Q2 2024 results, showing revenues of $239.6M, a 15.5% QoQ increase, surpassing guidance. Gross margin achieved was 32.0%, aligning with expectations. Q2 after-tax profit reached $29.6M, or 16.9 cents per diluted ADS, at the high end of their forecast.

In Q3 2024, Himax anticipates a revenue decline of 12.0% to 17.0% QoQ, with a gross margin around 30% and profit per diluted ADS between 1.5 cents to 4.5 cents. Automotive driver sales rose by over 50% YoY, but macroeconomic uncertainties, especially in China, are affecting IC demand and revenues.

Himax invested in FOCI (5.3% equity stake) and Obsidian Sensors to bolster its portfolio and advance in AI and high-speed computing markets. WiseEye PalmVein technology, adopted by a U.S. customer, is set for mass production by year-end.

E Ink and Himax Technologies have jointly unveiled the T2000, a next-generation color ePaper timing controller ASIC. This advanced TCON offers faster screen updates, lower power consumption, and supports a wide range of color ePaper technologies. Key features include:

1. Enhanced performance: Over 10x faster color rendering compared to the previous generation
2. Integrated handwriting function: Eliminates the need for a separate SoC
3. High resolution support: Up to 4K UHD (3840 x 2160) at 150Hz
4. Energy efficiency: Less than 300 mW in active mode, less than 2 mW in sleep mode
5. Versatile interfaces: MIPI-DSI, USB 3.0, and SPI with up to 1Gbps transmission speed

The T2000 is designed to improve user experience across various ePaper applications, including eReaders and digital signage.

Himax Technologies, a leading supplier and fabless manufacturer of display drivers and semiconductor products, announced that it will hold a conference call with investors and analysts on August 8, 2024, at 8:00 a.m. EDT (8:00 p.m. Taiwan Time). The call will discuss the company's second quarter 2024 financial results. The live webcast can be accessed at zucast.com/webcast/HlPPY5TZ, with toll-free dial-in numbers available for multiple countries including Hong Kong, Taiwan, and the United States.

Himax Technologies, a leading supplier and fabless manufacturer of display drivers and other semiconductor products, will hold its Annual General Meeting (AGM) on August 14, 2024, in Taiwan. Shareholders will vote on adopting the 2023 Audited Accounts and Financial Reports and re-electing Mr. Yuan-Chuan Horng as an Independent Director. The AGM will take place at Himax FAB 2 in Tainan City at 9:30 a.m. local time. The Company has filed its Proxy Statement with the SEC, and the 2023 Annual Report is available on the Himax website. For more details, investors can contact Karen Tiao or Mark Schwalenberg.

Himax Technologies has announced a strategic investment in FOCI Fiber Optic Communications through a private placement financing. Himax will acquire a 5.3% equity stake in FOCI by purchasing 5,000,000 shares at NT$104.4 per share, totaling NT$522 million (approximately $16 million USD). The collaboration aims to integrate Himax's Wafer Level Optics (WLO) technology with FOCI's Co-Packaged Optics (CPO) technology to enhance high-performance computing, cloud servers, and other applications. This partnership is expected to improve bandwidth, data transfer rates, signal integrity, and reduce latency and energy consumption. FOCI's ReLFACon™ CPO connector, combined with Himax’s WLO technology, will be used in various advanced applications, including Artificial General Intelligence (AGI), industrial digitization, and healthcare. This collaboration is a strategic move to solidify both companies’ positions in the high-speed computing and optical communication sectors.