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Himax Technologies (HIMX) Stock News, Jan-May 2024

HIMX NASDAQ

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.

Rhea-AI Summary

Himax Technologies will attend the Baird 2024 Global Consumer, Technology and Services Conference from June 4 to June 6, 2024, in New York. Represented by Chief IR/PR Officer Eric Li, Himax will participate in a fireside chat on June 4 from 3:10 PM to 3:40 PM EDT. The company will also conduct in-person meetings with investors, although participation is by invitation only and requires registration. The event aims to offer insights into Himax's business operations and growth strategies.

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Rhea-AI Summary

Himax Technologies, Inc. reported strong Q1 2024 financial results, with revenues, EPS, and gross margin exceeding guidance. Q2 2024 guidance predicts revenue growth of 8% to 13% QoQ and an increase in gross margin. The company expects business momentum to improve in the second half of the year, particularly in the automotive sector. Himax also announced an annual cash dividend and highlighted innovations like WiseEye AI and new LCoS microdisplay technology.

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Himax Technologies, Inc. declared a cash dividend of 29.0 cents per ADS for the year 2023, payable on July 12, 2024. This represents a payout ratio of 100% of last year's profit, showcasing the company's positive business outlook and strong balance sheet.

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9.20%
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-0.37%
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1.31%
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1.12%
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Rhea-AI Summary

Summary not available.

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3.89%
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-1.42%
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2.72%
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FAQ

What is the current stock price of Himax Technologies (HIMX)?

Himax Technologies (HIMX) last closed at $8.54.

What is the market cap of Himax Technologies (HIMX)?

The market cap of Himax Technologies (HIMX) is approximately $1.5B.