QUOTE AND NEWS
TheStreet.com  Nov 18  Comment 
Story updated at 9:55 a.m. to reflect market activity. NEW YORK (TheStreet) -- Oppenheimer downgraded Himax Technologies to "perform" from "outperform" on Tuesday. Shares of Himax were falling 2% to $6.76 in morning trading. The analyst...
StreetInsider.com  Nov 10  Comment 
The following is a list of notable articles to help get you through the lunch hour: Twitter (TWTR) Middle-of-Pack vs. Peers Ahead of Analyst Day; User Engagement, Growth Still in Focus - Cowen -> Read this! Himax (HIMX) Q3 Results Should be...
TheStreet.com  Oct 22  Comment 
NEW YORK (TheStreet) -- Shares of Himax Technologies were falling 14% to $6.90 in pre-market trading Wednesday after Google decided to not increase its stake in the company. Google had an option to increase its stake in Himax's Himax Display...
newratings.com  Oct 22  Comment 
MOUNTAIN VIEW (dpa-AFX) - Himax Technologies, Inc. (HIMX), a supplier and fabless manufacturer of display drivers and other semiconductor products, Tuesday said Google Inc. (GOOG, GOOGL) has decided not to exercise its previously issued purchase...
newratings.com  Oct 21  Comment 
TAIPEI (dpa-AFX) - Himax Technologies, Inc. (HIMX) said Tuesday that Google Inc. (GOOG, GOOGL) has decided not to exercise its previously issued purchase option to make an additional investment into Himax's subsidiary, Himax...




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Himax Technologies, Inc. (Himax), founded in 2001 in Taiwan, designs, develops and markets semiconductors that are critical components of flat panel displays. The company's principal products are display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers and televisions, and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products such as digital cameras, mobile gaming devices and car navigation displays. In addition, the company is expanding its product offering to include television semiconductor solutions, as well as LCOS products Based in Tainan, Taiwan, the company has regional offices in Hsinchu, Taipei, Suzhou and Shenzhen, China Yokohama, Japan Anyangsi Kyungkido, South Korea and Irvine, California, USA.

Himax announced its financial report for the third quarter of 2007. Its earnings exceeded market consensus, while its revenue missed the market consensus. We think Himax's results demonstrate the rising profitability of its panel customers. However, we are concerned how long its panel customers can maintain profitability due to the cyclical nature of the industry. Therefore, we are maintaining Hold rating on Himax.




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