Himax Technologies (HIMX) has released an update.
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Himax Technologies reported a stronger-than-expected third quarter for 2024, with revenues at $222.4 million, driven by robust sales in automotive, tablet, and Tcon product lines. Despite a 7.2% sequential decline in revenue, the company’s after-tax profit of $13 million exceeded guidance due to favorable order momentum. Looking forward, Himax anticipates steady performance in Q4 2024 with a focus on automotive, AI, WLO, and OLED sectors expected to fuel future growth.
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