Correction: Himax Technologies Dismisses DigiTimes Report
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.
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