Himax: Signs of Automotive Demand Rebound; Why Demand Strength Is Different Than NXP and Infineon

Vincent has highlighted this Insight as a Top Pick
367 Views12 May 2024 23:38
​Himax reported strong 1Q24 results, with rising margins and potential for growth in automotive demand. Despite a rally, the company is still below 2021 highs, but its market opportunity is expanding.
What is covered in the Full Insight:
  • Results exceed guidance
  • Stronger than expected automotive demand
  • Himax’s dominant position in automotive TDDIs
  • Guidance for the future
  • Contrast with NXP Semiconductors and Infineon Technologies
SUMMARY
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