Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a
leading supplier and fabless manufacturer of display drivers and
other semiconductor products, today announced the Company will
showcase the industry’s most comprehensive automotive display IC
and touch IC solutions for large-size display for both AMOLED and
LCD panels at the upcoming CES 2024.
With over a decade experience in LCD and
profound OLED display technologies, Himax continues to build upon
its world-leading automotive display driver IC and TDDI product
lines to further expand its product portfolio. At CES 2024, the
Company will debut its automotive AMOLED on-cell touch IC, HX8530
series, while also showcasing its Local Dimming TCon, HX8880 series
and LTDI (Large Touch and Display Driver Integration), HX83180, for
large-size LCD displays. These offerings illustrate the Company’s
comprehensive footprint as the industry leader in automotive
display products.
In recent years, OLED display panels have gained
adoption for automotive displays, especially among premium car
models, attributable to its wide color gamut as well as superior
high contrast characteristics. Building on the success in the LCD
automotive display IC market, Himax again stands at the forefront
in AMOLED panels for automotive displays with its proprietary touch
ICs, HX8530 series, for AMOLED displays. The HX8530 supports rigid,
flexible, or hybrid OLED panels in addition to displays larger than
20 inches by cascading multiple chips. It offers an
industry-leading high touch signal-to-noise ratio (SNR), with an
outperforming level exceeding 45dB, effectively eliminating touch
display interference. Furthermore, the IC supports multi-finger
capacitive touch, allowing touch functionality even when wearing
gloves (up to 4 mm thickness) or operating with wet fingers. It
successfully passed CISPR25 Class-5 EMC qualification, has been
awarded multiple projects by leading AMOLED panel makers and is set
to commence mass production in coming quarters.
For LCD panels, at CES 2024 Himax will exhibit
its unrivalled Local Dimming Tcon, HX8880, designed to efficiently
enhance display contrast while effectively minimizing power
consumption, both are crucial especially for larger-sized displays.
The HX8880 boasts advanced and powerful image enhancement compared
to the prevailing solution in the market. Evidenced by strong
collaborations with global OEMs, Tier 1s and panel makers, Himax
has secured over 20 design-wins projects, with some of the modish
automotive vehicles set to commence mass production starting next
year.
The advancement of electric vehicles and
autonomous driving technology has also brought a surge in demand
for automotive smart cockpits with diverse and increasing
functionalities. Panel form factor designs are shifting the focus
not only into larger size or pillar-to-pillar display, but also to
panoramic view, curved or free-form outlook. Catering to such swift
growing needs inside vehicles, Himax led the industry by
introducing and commencing mass production of the world’s first
LTDI, the HX83180 series, in October of this year. The LTDI is a
new IC architecture that goes beyond traditional TDDI, designed
with a higher level of integration of display and touch
technologies for automotive displays typically larger than 30-inch.
LTDI adoptions are rising rapidly by leading panel makers, Tier 1s
and car makers across the board including a leading car vendor in
China, Geely Auto, who has adopted our LTDI for its two newly
launched new electric vehicles, one equipped with 35.6-inch display
in 6K resolution, and the other with 44.8-inch display at 8K
resolution.
“With numerous project awards already in hand,
we expect a decent growth trajectory for both LTDI and local
dimming Tcon in the next few years,” said Jordan Wu, Chief
Executive Officer at Himax. “Furthermore, as we continue to expand
the breadth of our automotive OLED business activities, we are
confident our automotive OLED display technologies, including
existing AMOLED driver and Tcon along with the newly launched
AMOLED touch IC, will also be a key growth driver for our business.
Towards this endeavor, we are actively expanding partnerships with
leading panel manufacturers to cultivate technologies needed for
the next generation vehicles to fortify Himax's market share in
automotive display market,” concluded Mr. Wu.
Himax invites all
interested parties to stop by our exhibition booth at The Venetian
Las Vegas Hotel (3355 Las Vegas Boulevard S, Las Vegas, Nevada,
USA) Venetian Exhibit Suite 34-208 to experience the Company’s
thrilling new technologies in novel Automotive Display Solutions.
To schedule a meeting or booth tour, please contact Himax at:
Himax_CES@himax.com.tw.
About Himax Technologies,
Inc.
Himax Technologies, Inc. (NASDAQ: HIMX) is a
leading global fabless semiconductor solution provider dedicated to
display imaging processing technologies. The Company’s display
driver ICs and timing controllers have been adopted at scale across
multiple industries worldwide including TVs, PC monitors, laptops,
mobile phones, tablets, automotive, ePaper devices, industrial
displays, among others. As the global market share leader in
automotive display technology, the Company offers innovative and
comprehensive automotive IC solutions, including traditional driver
ICs, advanced in-cell Touch and Display Driver Integration (TDDI),
local dimming timing controllers (Local Dimming Tcon), Large Touch
and Display Driver Integration (LTDI) and AMOLED display
technologies. Himax is also a pioneer in tinyML visual-AI and
optical technology related fields. The Company’s industry-leading
WiseEyeTM Smart Sensing technology which incorporates Himax
proprietary ultralow power AI processor, always-on CMOS image
sensor, and CNN-based AI algorithm has been widely deployed in
consumer electronics and AIoT related applications. While Himax
optics technologies, such as diffractive wafer level optics, LCoS
micro-displays and 3D sensing solutions, are critical for
facilitating emerging AR/VR/metaverse technologies. Additionally,
Himax designs and provides touch controllers, AMOLED ICs, LED
drivers, EPD drivers, power management ICs, and CMOS image sensors
for diverse display application coverage. Founded in 2001 and
headquartered in Tainan, Taiwan, Himax currently employs around
2,200 people from three Taiwan-based offices in Tainan, Hsinchu and
Taipei and country offices in China, Korea, Japan, Germany, and the
US. Himax has 2,838 patents granted and 376 patents pending
approval worldwide as of September 30, 2023.
http://www.himax.com.tw
Forward Looking Statements
Factors that could cause actual events or
results to differ materially from those described in this
conference call include, but are not limited to, the effect of the
Covid-19 pandemic on the Company’s business; general business and
economic conditions and the state of the semiconductor industry;
market acceptance and competitiveness of the driver and non-driver
products developed by the Company; demand for end-use applications
products; reliance on a small group of principal customers; the
uncertainty of continued success in technological innovations; our
ability to develop and protect our intellectual property; pricing
pressures including declines in average selling prices; changes in
customer order patterns; changes in estimated full-year effective
tax rate; shortage in supply of key components; changes in
environmental laws and regulations; changes in export license
regulated by Export Administration Regulations (EAR); exchange rate
fluctuations; regulatory approvals for further investments in our
subsidiaries; our ability to collect accounts receivable and manage
inventory and other risks described from time to time in the
Company’s SEC filings, including those risks identified in the
section entitled “Risk Factors” in its Form 20-F for the year ended
December 31, 2022 filed with the SEC, as may be amended.
Company Contacts:
Eric Li, Chief IR/PR
OfficerHimax Technologies, Inc.Tel: +886-6-505-0880 Fax:
+886-2-2314-0877Email: hx_ir@himax.com.twwww.himax.com.tw
Karen Tiao, Investor
RelationsHimax Technologies, Inc.Tel: +886-2-2370-3999Fax:
+886-2-2314-0877Email: hx_ir@himax.com.twwww.himax.com.tw
Mark Schwalenberg, DirectorInvestor
Relations - US RepresentativeMZ North America
Tel: +1-312-261-6430Email:
HIMX@mzgroup.uswww.mzgroup.us
Himax Technologies (NASDAQ:HIMX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Himax Technologies (NASDAQ:HIMX)
Historical Stock Chart
From Apr 2023 to Apr 2024