TAINAN, Taiwan, Oct. 28, 2022 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a number one provider and fabless producer of show drivers and different semiconductor merchandise, right this moment introduced that it has divested its wholly owned subsidiary Emza Visual Sense Ltd. (“Emza”), an organization devoted to the event of proprietary imaginative and prescient machine-learning algorithms. Following the transaction, Himax will proceed to accomplice with Emza. The divestiture is not going to have an effect on the prevailing business with the main laptop computer buyer the place Himax continues to be the provider for the modern ultralow energy AI processor and always-on CMOS picture sensor.
WiseEyeTM, Himax’s complete resolution for ultralow energy AI picture sensing, contains Himax proprietary AI processors, CMOS picture sensors, and CNN-based machine-learning AI algorithms, all that includes distinctive traits of ultralow energy consumption. For the AI algorithms, Himax has traditionally adopted a business mannequin the place it not solely develops its personal options via an in-house algorithm crew and Emza, a completely owned subsidiary earlier than the divestiture, but additionally companions with a number of third-party AI algorithm specialists as a method to broaden the scope of utility and widen the geographical attain. Moving ahead, the AI business mannequin will probably be unchanged the place the Company will proceed to develop its personal algorithms and work with third-party algorithms companions, together with Emza.
The Company continues to collaborate with its ecosystem companions to collectively make the WiseEye AI resolution broadly accessible to the market, aiming to scale up adoption in quite a few comparatively untapped end-point AI markets. Tremendous progress has been made thus far in areas equivalent to laptop computer, desktop PC, automated meter studying, video convention gadget, shared bike parking, medical capsule endoscope, automotive, sensible workplace, battery cam and surveillance, amongst others. Additionally, Himax is dedicated to strengthening its WiseEye product roadmap whereas retaining its management place in ultralow energy AI processor and picture sensor. By concentrating on even decrease energy consumption and better AI inference efficiency that leverage integral optimization from {hardware} to software program, the Company believes it might seize the huge end-point AI alternatives offered forward.
About Himax Technologies, Inc.
Himax Technologies, Inc. (NASDAQ: HIMX) is a fabless semiconductor resolution supplier devoted to show imaging processing applied sciences. Himax is a worldwide market chief in show driver ICs and timing controllers utilized in TVs, laptops, displays, cell phones, tablets, automotive, digital cameras, automobile navigation, digital actuality (VR) units and lots of different shopper electronics units. Additionally, Himax designs and supplies controllers for contact sensor shows, in-cell Touch and Display Driver Integration (TDDI) single-chip options, AMOLED ICs, LED driver ICs, energy administration ICs and LCoS micro-displays for augmented actuality (AR) units and heads-up shows (HUD) for automotive. The Company additionally provides CMOS picture sensors, wafer degree optics for AR units, 3D Sensing and ultralow energy AI Image Sensing, that are utilized in all kinds of functions equivalent to cell phone, pill, laptop computer, TV, PC digicam, automobile, safety, medical gadget, dwelling equipment, AIoT, and so forth. Founded in 2001 and headquartered in Tainan, Taiwan, Himax presently employs round 2,100 folks from three Taiwan-based places of work in Tainan, Hsinchu and Taipei and nation places of work in China, Korea, Japan, and the US. Himax has 2,980 patents granted and 417 patents pending approval worldwide as of September 30, 2022. Himax has retained its place because the main show imaging processing semiconductor resolution supplier to shopper electronics manufacturers worldwide.
https://www.himax.com.tw
Forward Looking Statements
Factors that might trigger precise occasions or outcomes to vary materially from these described on this convention name embrace, however should not restricted to, the impact of the Covid-19 pandemic on the Company’s business; common business and financial circumstances and the state of the semiconductor business; market acceptance and competitiveness of the motive force and non-driver merchandise developed by the Company; demand for end-use functions merchandise; reliance on a small group of principal prospects; the uncertainty of continued success in technological improvements; our capacity to develop and shield our mental property; pricing pressures together with declines in common promoting costs; adjustments in buyer order patterns; adjustments in estimated full-year efficient tax fee; scarcity in provide of key parts; adjustments in environmental legal guidelines and laws; adjustments in export license regulated by Export Administration Regulations (EAR); alternate fee fluctuations; regulatory approvals for additional investments in our subsidiaries; our capacity to gather accounts receivable and handle stock and different dangers described once in a while within the Company’s SEC filings, together with these dangers recognized within the part entitled “Risk Factors” in its Form 20-F for the 12 months ended December 31, 2021 filed with the SEC, as could also be amended.
Company Contacts:
Eric Li, Chief IR/PR Officer
Himax Technologies, Inc.
Tel: +886-6-505-0880
Fax: +886-2-2314-0877
Email: [email protected]
www.himax.com.tw
Karen Tiao, Investor Relations
Himax Technologies, Inc.
Tel: +886-2-2370-3999
Fax: +886-2-2314-0877
Email: [email protected]
www.himax.com.tw
Mark Schwalenberg, Director
Investor Relations – US Representative
MZ North America
Tel: +1-312-261-6430
Email: [email protected]
www.mzgroup.us
