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Himax: A Potential Google Glass Winner With Its Leading Technology

August 24, 2023
in Trade Tube
Reading Time: 1 min read
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(TheStreet) — Trifecta Stocks Portfolio Manager Bryan Ashenberg highlights Himax Technologies as an interesting play on Google Glass. Himax just reported a modest beat with its fourth-quarter revenue as earnings came in-line with consensus. The company gave inline forward guidance.Himax has been diversifying its dependence on the LCD TV marketplace into smartphones and tablets and has been building a business in TV chipsets, power management chips, CMOS image sensors, touch panel controllers, and liquid crystal on silicon ¿ or LCoS ¿ displays, which are being used in applications including Google Glass. The stock seems to trade mainly around the LCoS technology even though its just a sliver of the company’s offerings, though it is certainly the most exciting!

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