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Himax Technologies, Inc. (HIMX) CEO Jordan Wu on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 1:11 PM ETHimax Technologies, Inc. (HIMX)4 Comments
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Himax Technologies, Inc. (NASDAQ:HIMX) Q1 2020 Results Conference Call May 7, 2020 8:00 AM ET

Company Participants

Maili Bergman - Investor Relations, Managing Director, MZ Group

Jordan Wu - President and Chief Executive Officer

Jackie Chang - Chief Financial Officer

Conference Call Participants

Tristan Gerra - Baird

Jerry Su - Credit Suisse


Hello, ladies and gentlemen. Welcome to the Himax Technologies Incorporated First Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Ms. Maili Bergman from MZ Group.

Maili Bergman

Welcome, everyone, to Himax's first quarter 2020 earnings call. Joining us from the company are Mr. Jordan Wu, President and Chief Executive Officer; and Ms. Jackie Chang, Chief Financial Officer. After the company's prepared comments, we have allocated time for questions in a Q&A session. If you have not yet received a copy of today's results, please e-mail HIMX@mzgroup.us or access the press release on financial portals or download a copy from Himax's website at www.himax.com.tw.

Before we begin the formal remarks, I'd like to remind everyone that some of the statements in this conference call, including statements regarding expected future financial results and industry growth, are forward-looking statements that involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this conference call. Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, general business and economic conditions; the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by Himax; demand for end-use application

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Comments (4)

gev_itfaster profile picture
Quite a few news about AR on Apple and Facebook on the same day 5/21/2020
Apple: (Apple Glass AR lenses: Release date, price, specs and leaks)
Facebook: (Facebook teases a vision of remote work using augmented and virtual reality)
We all know Google still own about 6.3% of Himax since 2013, but no news recently.
(Google buys 6.3% stake of Himax Display to boost Google Glass manufacturing)
I hope Himax has been secretly involved with them...
apply glasses coming soon, do Himax have something inside?
A key component is the optical projectors.
Liquid crystal on silicon LCOS does the trick.
HIMAX is the leading supplier of this tech.
It was in the prototypes years back, but no
News leaks have verified it recently. They are
Critical to the design and a high cost, high margin item.
So the core business is mixed with some strong areas and some weaker, but the old problems of TDDI lack of wins and 8” wafer supply long gone. The new problems are exogenous. Ramping up auto, TV, and iPhone production will correct the weak areas. Not much talk of LIDAR beam steering or Face ID for tablets, phones, or laptops. I expected more on that.
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