Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR OR For the transition period from ________________ to ________________ Commission file number: 000-51847 HIMAX TECHNOLOGIES, INC. (Exact name of Registrant as specified i ...

TAINAN, Taiwan, March 07, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that the Company will attend BofA Securities 2024 APAC TMT Conference on March 19 - 21, 2024 at Grand Hyatt Taipei. The Company management will host in-person one-on-one or group meetings with interested investors during the conference. Conference participation is by invitation only a ...

After running into some February jitters earlier this week, the market may be poised for stronger returns, which then incentivizes the narrative for hidden-gem stocks. For whatever reason, these ideas just simply don’t feature on Wall Street’s radar. However, if I’m reading the tealeaves correctly, they could be due for some serious gains.Now, before we dive into the contrarianism that is hidden-gem stocks, a word of warning. I extracted these ideas via a combination of disappointing trailing-52-week perfor ...

Himax Technologies, Inc. (NASDAQ:HIMX) Q4 2023 Earnings Conference Call February 6, 2024 8:00 AM ET Company Participants Mark Schwalenberg - Investor Relations, MZ Group Eric Li - Chief IR/PR Officer Jordan Wu - President and Chief Executive Officer Transcript Provided to Seeking Alpha by the Company Operator Good day and thank you for standing by. Welcome to the Himax Technologies Fourth Quarter and Full-Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the ...

Core Viewpoint - Himax Technologies reported Q4 2023 financial results that exceeded guidance, with revenues of $227.7 million and an after-tax profit of $23.6 million, while providing a cautious outlook for Q1 2024 due to expected revenue declines and ongoing market challenges [1][5][11]. Financial Performance - Q4 2023 revenues were $227.7 million, a decrease of 4.5% QoQ, but above the guidance range of a 5.0% to 11.0% decline [1][5]. - Gross margin for Q4 2023 was 30.3%, down from 31.4% in the previous quarter but within the guidance range [1][5]. - After-tax profit for Q4 2023 was $23.6 million, or 13.5 cents per diluted ADS, compared to $11.2 million, or 6.4 cents last quarter [1][10]. - Full year 2023 revenues totaled $945.4 million, reflecting a 21.3% decline compared to 2022, with a gross margin of 27.9% [11][14]. Business Segments - Revenue from large display drivers in Q4 2023 was $33.6 million, a sequential decrease of 23.1%, primarily due to weak macroeconomic conditions [6]. - Small and medium-sized display driver revenue reached $163.1 million, a sequential increase of 1.2%, driven by TDDI products for automotive and tablet markets [7]. - Automotive business continued to be the largest revenue contributor, accounting for over 45% of total sales in Q4 2023, with TDDI sales increasing high teens sequentially [7][12]. Strategic Focus - The company revealed its strategic focus for the upcoming years at CES 2024, emphasizing automotive, WiseEye AI, and optical technologies [1][20]. - Himax remains optimistic about its automotive business, anticipating that automotive sales will expand to over 40% of total sales in 2024, up from 36% in 2023 [1][20]. - The introduction of LTDI technology for automotive displays marks a significant advancement, with mass production initiated for Geely Auto's NEVs [1][27]. Inventory and Cost Management - Following aggressive destocking, inventory levels decreased to near historical norms by the end of 2023, allowing for a more stable outlook in 2024 [1][13]. - Operating expenses for Q4 2023 were $52.3 million, a decrease of 17.9% from the previous quarter, reflecting strict budget control measures [9][14]. Market Outlook - For Q1 2024, the company expects revenues to decline by 9% to 16% QoQ, with a gross margin around 28.5% and profit per diluted ADS in the range of 2.0 to 5.0 cents [1][42]. - The company is actively implementing strategies to optimize costs and diversify suppliers to enhance supply flexibility and cost-effectiveness amid sluggish demand [2][19].

EXHIBIT 99.1 Himax Technologies, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter 2024 Guidance Q4 2023 Revenues and EPS Both Beat Guidance, Gross Margin In-Line Guidance Range Issued on November 9, 2023 Company Q1 2024 Guidance: Revenues to Decline 9% to 16% QoQ, Gross Margin is Expected to be around 28.5%, Profit per diluted ADS to be around 2.0 Cents to 5.0 Cents Q4 2023 revenues were $227.7M, a decrease of 4.5% QoQ, exceeding the guidance range of a 5.0% to 11.0% ...

TAINAN, Taiwan, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Tuesday, February 6, 2024 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2023 financial results. HIMAX TECHNOLOGIES FOURTH QUARTER AND FULL YEAR 202 ...

TAINAN, Taiwan, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Tuesday, February 6, 2024 at 8:00 a.m. US Eastern Standard Time and 9:00 p.m. Taiwan Time to discuss the Company's fourth quarter and full year 2023 financial results. HIMAX TECHNOLOGIES FOURTH QUARTER AND FULL YEAR 20 ...

TAINAN, Taiwan and ZHEJIANG, China, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, and Zhejiang DESMAN Intelligent Technology Co., Ltd. ("DESMAN"), a Chinese leading brand in the smart door lock market, today jointly announced an advanced high-end smart door lock to be unveiled at CES 2024. The innovative Shotax Sentinel Cat Eye smart door lock features Himax's W ...

CharnW/iStock via Getty Images My Thesis Thanks to its improving fundamentals, cheap valuation, and industry tailwinds, I believe Himax Technologies, Inc. (NASDAQ:HIMX) stock is well-positioned to rally in the coming months. My Reasoning Founded in 2021, Himax Technologies, Inc. is a Taiwanese semiconductor company specializing in display imaging processing technologies. It produces display driver ICs, timing controllers, touch sensor controllers, and other components for various electronic devices. The ...