Himax Technologies Analyst Valuation and Brief Report: Although Risks Still Remain, Shares Now Trade Closer to Fair Value by BrokerBank Securities, Inc.

NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Innovations in technology have continued to grow at a feverish pace in recent years. Aside from the strong growth in mobile devices such as smartphones and tablets, other innovations such as 4K TVs, LED TVs, 3D TVs, and wearable technologies (Google Glass, smartwatches, etc.) have garnered increasing attention as of late. Among the many companies at the forefront of all these technologies is Himax Technologies, which has grown market share over the years primarily through their market presence in China – where most of the new buildings of panel capacity have taken place.

Himax Technologies, Inc. HIMX designs, develops and markets semiconductors that are critical components in flat panel displays. The company's principal products are display drivers for large-sized TFT-LCD panels, which are primarily used in desktop monitors, notebook computers and televisions, and small and medium-sized TFT-LCD panels, which are primarily used in mobile handsets and consumer electronics such as tablets, netbooks, digital cameras, mobile gaming devices, portable DVD players, digital photo frames, head-mounted-displays and car navigation displays. The company also offers non-driver products such as timing controllers, touch controller ICs, LCOS microdisplays solutions, power ICs, CMOS image sensors and wafer level optics products.

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