EXPLAINED: Himax - The Real Truth

The iShares Semiconductor ETF (NASDAQ: SOXX), a popular benchmark of companies that produce semiconductors, is down roughly 42% year-to-date.

Himax Technologies, Inc (NASDAQ:HIMX) reported first-quarter FY22 revenue growth of 33.6% year-on-year to $412.8 million. Net revenues declined 8.6% sequentially. Revenue from large display drivers grew 60% Y/Y to $110.6 million. Monitor and notebook IC sales decreased sequentially on the backdrop of slowing end market sell-through. TV revenue was flat sequentially, anchored by…

The demand for semiconductor chips is increasing with no signs of slowing. But despite the global chip shortage, the rising application of semiconductors in various industries should benefit popular chip stocks Taiwan Semiconductor (TSM) and Himax Technologies (HIMX). But, which of these stocks is a better buy now? Read on…

Himax Technologies Inc (NASDAQ:HIMX) reported fourth-quarter FY21 revenue growth of 63.9% year-on-year to $451.9 million. Net revenues grew 7.4% sequentially. Revenue from large display drivers nearly doubled Y/Y to $125 million. Monitor revenue came in better than expected, up more than 30% Q/Q, due to accelerated orders for high-end monitors from certain end…