Himax Surpasses Guidance on Automotive Growth | Business and Finance News

Himax Technologies crushed Q2 expectations with revenue up 5.9% YoY and a solid 33.1% gross margin, driven by explosive automotive IC sales and a strategic shift toward higher-margin products. While large display ICs dipped, small/medium display and automotive segments surged, including TDDI and Tcon. Amid AI-driven supply chain pressure, Himax thrives on lean inventory and make-to-order demand. Q3 forecasts show 7-11% revenue growth, 34% gross margin, and 8-10 cents EPS—though bonus expenses will weigh. The company is also betting big on smart glasses (mass production by 2027) and ultra-low power AI, with automotive growth expected to keep accelerating into 2025. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cf410d8fc77345b9