Market Overview

Correction: Himax​ ​Technologies​ ​Dismisses​ ​DigiTimes Report

Share:
Related HIMX
Watch These 8 Huge Put Purchases In Thursday Trade
Himax Technologies Hovering At Low Of Move After Roth Capital Downgrade
Related SSNLF
The Drone Industry Isn't As Healthy As It Seems
Samsung Is Looking To Sell 60 Million Galaxy S8 Smartphones
Battery problems caused Note 7 fires (Seeking Alpha)

An internal company source with Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) has dismissed a DigiTimes report that said the company has "stepped up purchases" with SAMSUNG ELECT LTD (F) (OTC: SSNLF).

Benzinga on Friday cited the DigiTimes report that said Himax had entered into a new agreement with Samsung. The internal source with Himax told Benzinga this report is untrue, and there is no deal.

As news of the DigiTimes report circulated on Friday, shares of Himax rose 5.54 percent to close at $6.67. In after-hours trading, the stock fell 0.60 percent.

Posted-In: Digitimes Himax Technologies SamsungNews Events Exclusives Movers

 

Related Articles (HIMX + SSNLF)

View Comments and Join the Discussion!