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TAINAN, Taiwan and SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its strategic investment in Obsidian Sensors, Inc. ("Obsidian"), a San Diego-based thermal imaging sensor solution manufacturer. Himax's strategic investment in Obsidian Sensors, as the lead investor in Obsidian's convertible note financing, was motivated by the potential of their proprietary and revolutionary high-resolution thermal sensors to dominate the market through low-cost, high-volume production capabilities. The investment amount was not disclosed. In addition to an ongoing engineering collaboration where Obsidian leverages Himax's IC design resources and know-how, the two companies also aim to combine the advantages of Himax's WiseEye ultralow power AI processors with Obsidian's high-resolution thermal imaging to create an advance
While perhaps off-the-radar, this stock offers investors massive total return potential and a 5.43% dividend.
TAINAN, Taiwan, May 20, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that the Company will attend Baird 2024 Global Consumer, Technology and Services Conference on June 4 – June 6, 2024 at InterContinental New York Barclay Hotel in New York. Mr. Eric Li, Chief IR/PR Officer of Himax, will conduct a fireside chat in Session VI at Barclay Salon A, Lobby Level from 3:10 to 3:40 PM EDT on Tuesday, June 4.
The stock market is facing some unique challenges at this point. For starters, the specter of inflation continues to push back the timelines for interest rate cuts that many had anticipated by now.
TAINAN, Taiwan, April 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, May 9, 2024 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company's first quarter financial results.
While innovators have flourished this year thanks to artificial intelligence and other advancements, it may seem difficult to find the most undervalued tech stocks to buy in April. After all, the ecosystem has garnered so much attention that many companies command rich premiums.
Himax Technologies is a leading semiconductor design and manufacturing firm specializing in optical and driver components for displays and sensors. Despite a decline in revenue and margins, Himax has maintained strong free cash flow and a healthy 2024 projected dividend yield of 4.2%. The company's shift towards higher-margin products and potential growth in non-display technologies could lead to a recovery and growth in earnings.
When it comes to semiconductor stocks to buy, the mind immediately goes to Nvidia (NASDAQ: NVDA ) or Advanced Micro Devices (NASDAQ: AMD ). At this point, it almost seems like they're printing money.
When the subject of passive income comes around, you're not always thinking about dividend tech stocks. Instead, the ideas usually center around giant consumer goods companies, banks or utility firms – you know, institutions that are hardly exciting but command everyday relevance.
While it's tempting to jump on a company like Nvidia (NASDAQ: NVDA ), at some point, it won't match expectations, which brings us to a discussion about underappreciated tech stocks. They're nowhere near as enticing as NVDA.