Core Viewpoint - Himax Technologies, Inc. will hold a conference call on May 9, 2024, to discuss its first quarter financial results, indicating a focus on transparency and communication with investors [1] Company Overview - Himax Technologies, Inc. is a leading global fabless semiconductor solution provider specializing in display imaging processing technologies, with a strong market presence in various industries including automotive, consumer electronics, and AIoT [2] - The company is recognized as the global market share leader in automotive display technology, offering a range of innovative IC solutions such as traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), and AMOLED display technologies [2] - Himax has developed industry-leading technologies like WiseEyeTM Ultralow Power AI Sensing, which integrates proprietary AI processors and image sensors, and is actively involved in emerging fields such as AR/VR/metaverse technologies [2] - As of March 31, 2024, Himax holds 2,772 granted patents and has 398 patents pending approval worldwide, showcasing its commitment to innovation and intellectual property [2]

TAINAN, Taiwan, April 08, 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 Thursday, May 9, 2024 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company's first quarter financial results. HIMAX TECHNOLOGIES FIRST QUARTER 2024 EARNINGS CONFERENCE CALLDATE: Thurs ...

TAINAN, Taiwan, April 05, 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 its participation in the embedded world Exhibition&Conference held in Nuremberg from April 9 to 11, 2024. Himax will showcase its WiseEyeTM applications and AI capabilities at the tinyML Pavilion booth, in collaboration with several ecosystem partners, through interactive demonstratio ...

While innovators have flourished this year thanks to artificial intelligence and other advancements, it may seem difficult to find the most undervalued tech stocks to buy in April. After all, the ecosystem has garnered so much attention that many companies command rich premiums.However, the market features thousands of opportunities. And even specific sectors feature a wealth of possible ideas. It’s just not possible for Wall Street experts to cover them all. So, it’s definitely reasonable – with some diggi ...

TAINAN, Taiwan, April 03, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced that the Company will exhibit its industry-leading ultralow power contactless palm vein authentication technology, WiseEye Vein, at ISC West 2024, the leading trade show and conference for the security industry in the U.S., from April 10 – 12, 2024 in Las Vegas. WiseEye Vein revolutionizes next-generation access control with its ...

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].