Omniwide FilmTM, CMVT’s microstructure optical film, is the best answer to various types of optical challenges, such as gray level inversion, color wash-out, and light leakage under oblique viewing angles for better visual experience. As stated before, Himax is highly committed to AMOLED technology where its development started from smartphone, and has extended to wearable, tablet and automotive. The smartphone segment represented 26.0% of total sales in Q1. Wary of a repeat volatility spike some fund managers are turning to lower-duration high-yield debt for shelter, while others see a tantrum-less taper and are betting on emerging market assets to prevail.With economists expecting the central bank to begin paring asset purchases by the end of this year, Fed officials are sticking to the script that it’s too early to discuss any shift in pandemic policy setting. Meaningful ramp-up volume is expected for the coming quarters. Smartphone TDDI sales increased more than 30% sequentially and up five times compared to the same period last year, indicating strong market demand and market share gains. 04:14p: HIMAX TECHNOLOGIES : Company Q1 2021 Revenues, Gross Margin and EPS all Exceed .. PU. For large display areas, Himax is pleased with the results so far in switching its focus more toward high-resolution TV, high-performance monitor and low-power notebook. Automotive driver IC business accounted for more than 14% of total revenues in this quarter. Revenue from large display drivers was $69.9 million, up 8.8% sequentially and up 13.9% year-over-year. Non-IFRS operating expenses for the first quarter were $39.2 million, down 9.9% from the previous quarter and up 6.9% from the same quarter in 2020. The conference ID number is 5878288. Armed with Himax AMOLED driver IC and timing controller solution, Himax and BOEVx partnered to offer flexible AMOLED automotive display, firstly over a 12.8-inch Center Information Display product. In October 2020, Himax made a strategic cash investment and became the controlling shareholder of CM Visual Technology Corp. (CMVT), which is specialized in microstructure optical film design and manufacturing and is a world leader in its area. Stockholders Excluding Share-based Compensation and Acquisition-Related Charges: (Amounts in U.S. Diess said the company will feel more pain in the second quarter and that some lines will stop “for a few days, a few weeks,” though the fallout won’t be as pronounced as with some rivals.VW shares reversed initial gains and traded down 2.5% in Frankfurt, valuing the manufacturer at 120.6 billion euros ($145 billion).Daily BattleStellantis NV warned this week that the global semiconductor shortage will deteriorate further from the first three months of the year, while Ford Motor Co. has forecast a $2.5 billion hit to earnings from scarce chip supplies.“We’re fighting day by day,” Diess said in an interview with Bloomberg TV. The year-over-year decrease was due mainly to the decrease of WLO shipments. WLO revenue increased substantially in the first quarter thanks to resumed orders from an anchor customer for its legacy products. After paying capital gain taxes, we look to net about $1 million. Looking further ahead, we are taking measures to work with our strategic foundry partners to further enlarge our longer-term capacity pool. HIMAX TECHNOLOGIES FIRST QUARTER 2021 EARNINGS CONFERENCE CALL. Adding these all up, what we have is a structural shift in demand and supply dynamics, especially for the mature nodes which have lacked meaningful capacity expansion for many years,” said Mr. Jordan Wu, President and Chief Executive Officer of Himax. Looking further ahead, we are taking measures to work with our strategic foundry partners to further enlarge our longer-term capacity pool. As mentioned on the last earnings call, more capacity was secured for this year compared to last year, with accessible capacity expected to grow quarter by quarter during 2021. The diffraction optics technology is now well adopted in 3D sensing, AR/VR devices, holographic display, biomedical inspection, optical communication, etc. Gross margin was 40.2%, exceeding guidance of 37% to 38%, and significantly improved from the 31.2% of the fourth quarter 2020. Himax and BOE Varitronix Join … These algorithm partners, which include Himax subsidiary Emza, come from different countries and many have special domain knowhow catering for the needs of specific markets. This is a complementary technology to Himax WLO technology and, by having both teams work together, the Company can now deliver cutting-edge solutions for different applications covering all sizes of optics. As highlighted in the last earnings calls, given the foundry and backend capacity shortage, its inventory level may still stay at a relatively low level in the quarters to come. The Feb. 25 drubbing followed a historically poor auction of 7-year Treasury notes and sent yields surging as market liquidity evaporated in minutes. For the TV IC segment, an impressive quarterly growth is anticipated in Q2, mainly due to shipments of high-end TV products going into a world leading end customer, an illustration of the strategy toward high-end products and leading end customers mentioned in the preceding section. IFRS operating expenses were $39.5 million in the first quarter, down 9.9% from the preceding quarter but up 5.9% from a year ago. Product sales: large driver ICs, 22.6% of revenues, up 8.8% QoQ; small and medium- sized driver ICs, 66.1% of revenues, up 14.7% QoQ; Q1 gross margin reached 40.2%, exceeding guidance of, As the capacity shortage in the semiconductor industry intensified across foundry, packaging and testing, the Company further optimized its product mix by strategically favoring more high margin products while pricing products higher to reflect rising costs among all product segments, Q1 IFRS profit reached a historical high of $66.9M, or 38.3 cents per diluted ADS, exceeding the guidance of 30.0 cents to 34.0 cents per diluted ADS. All news about HIMAX TECHNOLOGIES, INC. 05:39p: HIMAX TECHNOLOGIES : Reports First Quarter 2021 Financial Results and Provides .. PU. The Bloomberg Barclays U.S. Treasury Total Return Index is down over 3% year-to-date.According to BlackRock, the combination of an economic recovery, heavy stimulus and a broadly stable dollar should be enough to spare risk assets -- including those from developing countries -- much of the impact of a gradual easing of central bank support.The firm is overweight both developed- and emerging-market equities, “and on the fixed-income side we actually upgraded EM local currency debt last week,” Powell said.Jackson HoleGauges of implied volatility in currencies, Treasuries and U.S. equities have retreated after a modest rise at the end of February suggesting investors don’t see an immediate risk of a Fed taper announcement. For the second quarter, revenue for the small and medium-sized driver IC business is expected to increase by low teens sequentially with demand much higher than supply. The year-over-year decrease was a reflection of the severe supply-demand imbalance. Himax is a pioneer in high-precision diffraction optics technology with 15 years of experience under its belt, having worked on very different designs over a variety of applications with some of the world’s most heavyweight tech names. “Finding new sources, that’s going to be a challenge for 2021 for sure,” Diess said. To be more precise, the vast majority of the Company's inventory position now is comprised of work-in-process goods, while finished goods are mostly taken up by customers as soon as they are available to meet the customer's immediate production needs. 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