Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) Stock Decline

Boston, MA, 10/15/2013 (nysepost) – In Monday’s trading, Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) dropped by 0.05%. The opening price of the shares was $10.39, which climbed to an intraday high of $10.78 and dipped to a close of $10.68. Approximately 5.32 million shares were traded on Monday while an average volume of 13.59million shares were traded over a 30 day period. The 52-week low of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shares is $1.77 and its 52-week high is $11.49. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)) has a market capitalization of $1.81 billion.

 About the company

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) was incorporated on 26 April 2005. The company is involved in designing, developing and marketing semiconductors that are the critical components of flat panel-displays. Its primary products are display-drivers that are used in large-sized thin film, transistor liquid crystal-display (TFT-LCD) panels. These are mainly used in desktop-monitors, notebook-computers and TV’s. They are also used in display-drivers for small and medium sized TFT-LCD-panels. These panels are generally used in mobile-handsets and consumer-electronics products like tablets, personal computers (PCs), net-book computers, digital-cameras, mobile-gaming devices, portable-digital-versatile disc players, digital photo-frame and car-navigation displays. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) also offers display-drivers that are used in panels that utilize LTPS technology and OLED technology. LTPS technology also works with camera-module manufacturers, optical-engine manufacturers and television system manufacturers. They use the Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)’s products for numerous non-driver products.

 The flat panel components

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) primarily operates in the flat-panel display semi-conductor industry. It gets its revenues from the critical components of flat panel displays, like display drivers, timing-controllers, scalers, power- integrated circuits (ICs) and other semi-conductor products. Its primary products include display-drivers and timing-controllers, touch controller ICs, TFT-LCD-television and monitor-semiconductor solutions, liquid crystal-on-silicon (LCOS) products, power ICs, complementary metal-oxide semiconductor (CMOS) image-sensors and wafer-level optics products

About the Author

Kris Clevanger financial reporter NYSE post. Authors have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. This article is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. *NYSE Post does not set price targets on securities. Never invest into a stock discussed on this website unless you can afford to lose your entire investment.