Is Himax Technologies Primed for a Comeback?
Himax Technologies (NASDAQ: HIMX) saw weak demand in the recently reported second quarter, but company guidance promises strong top-line growth in the third quarter. Can the chipmaker deliver? Let's take a look.
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Himax Technologies has been very optimistic about the demand for its 3D sensing solution by major smartphone customers. Not surprisingly, management spent a lot of time in the earnings conference call discussing the potential of this product platform, indicating that they have managed to create a high barrier to entry that could help Himax charge a higher average selling price.
Source: Fool.com
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