Himax Technologies: Navigating The Down Cycle [Seeking Alpha]
Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares. (HIMX)
Last himax technologies, inc. - american depositary shares, each of which represents two ordinary shares. earnings: 2/13 05:30 am
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Source: Seeking Alpha
Play 8min Summary I reiterate the 'Buy' rating on Himax Technologies with a fair value of $10 per share, driven by strong automotive display solutions. Himax's automotive business, including DDIC, TDDI, TCON, LTDI, and OLED, showed significant growth, accounting for over 47% of total sales. Despite a projected 12%-17% revenue decline in Q3 FY24 due to high-interest rates, long-term growth in the automotive IC market remains promising. Key risks include heavy reliance on the Chinese market, where intensified promotional activities have not yet translated into increased sales. ake1150sb I reiterated the ‘Buy' rating on Himax Technologies ( NASDAQ: HIMX ) in my previous article published in June 2024, highlighting the strong growth in automotive market. While the company anticipates a weak automotive market in FY24, I think their comprehensive automotive display solutions will support Himax's long-term growth. I reiterate the 'Buy' rating with a fair value of $10 per sha
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- Q4 Analog Semiconductors Earnings: Himax (NASDAQ:HIMX) Earns Top Marks [Yahoo! Finance]Yahoo! Finance
- Himax Technologies, Inc. (NASDAQ: HIMX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Fabless IC Design Market Booms with 13.3% CAGR - Rising Demand in Mobile, Automotive & Industrial Sectors | Valuates ReportsPR Newswire
- Fabless IC Design Market Booms with 13.3% CAGR - Rising Demand in Mobile, Automotive & Industrial Sectors | Valuates ReportsPR Newswire
- Tata Electronics, Himax Technologies and Powerchip Semiconductor Manufacturing Corporation Form Alliance to Revolutionize India’s Display and Ultralow Power AI Sensing Product and Technology EcosystemGlobeNewswire