HIMX - Himax Technologies: Leading Player In Automotive Display Notable Inventory Improvement Initiate With 'Buy'
2024-02-07 07:30:00 ET
Summary
- Himax Technologies is the leader in the automotive display market, holding approximately 40% of the global market share.
- Their automotive display business is expected to experience high growth due to increasing sales of electric and hydrogen fuel cell vehicles and the rising trend of software applications in vehicles.
- Himax's recent financial results showed a decline in revenue and profits, but their automotive business continues to show strong growth momentum.
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Himax Technologies: Leading Player In Automotive Display, Notable Inventory Improvement, Initiate With 'Buy'