Himax Technologies : Q1 Investor Presentation (1Q26 HIMX Investor Presentation Final)
HIMX
Published on 05/08/2026 at 04:17 am EDT
Drive for better vision
: HIMX
May 2026 INVESTOR PRESENTATION
Leading IC Provider
Global top 10 fabless IC design company in 2021*
US $1.2 Billion
2022 sales
avg. 60 million ICs shipment per month
40% Global Market Share
Driver IC for
automotive displays
Listed on NASDAQ
NASDAQ: HIMX
since 2006
Automotive
Large-sized, high-resolution, curved, and touch feature for next-gen LCD and OLED displays
Automotive local dimming Tcon for high-contrast display enablement
Head-up display (AR-HUD)
WiseEye™ and 3D sensing for biometric sensing
AIoT
World leading WiseEye™ ultralow power AI sensing for endpoint AI
Total solution: AI processor + Always-on image sensor + AI algorithms
WiseEye PalmVein: ultralow power contactless biometric authentication
Plug-n-play WiseEye Module with low-code/no-code AI
WiseEye solution features in Dell's laptops and DESMAN's smart door lock
Ecosystem: Google, Microsoft, NVIDIA, Arm, EDGE AI FOUNDATION, and many others
Optical product line-up/Metaverse
WLO (Diffractive optics, Waveguides, Lens and LPO/CPO)
Front-lit LCoS microdisplay
3D sensing
For the last 30 years, we have worked with leading OEMs to develop the most recognized imaging and human interfacing technologies
1990s 2000s 2010s 2015 and Beyond
Founder B.S. Wu pioneers flat panel technologies at Chimei Electronics as CTO
Chairman Wu establishes Himax to meet DDIC demand for large panels and fast-growing medium & small panels
Himax gains market share with design wins with leading technology products companies worldwide
Offer industry-leading WiseEye endpoint AI and optical solutions, including CMOS image sensors, LCoS microdisplays, 3D sensing, and WLO. WLO shipments for mainstream applications with North American OEMs, now supporting LPO/CPO optical communication
Corporate Timeline
Mar 2021
Mar 2006
Himax IPOs on
Jun 2013
Himax
Sep 2015
AR pilot
Aug 2016
Started expansion
Q2 2020
WiseEye1 AIoT Platform
Q1 2022
Q1 2023
Q1 2024
CES debut
Jun 2024
Strategic
Q1 2025
Q4 2024 Introduced
Small-scale
Jun 2001
Himax Taiwan founded by
B.S. Wu
Nasdaq.
Raised $147M with Morgan Stanley
completed taking out financing of Chimei
production shipment made to a major US customer
for next generation LCoS & WLO
production lines
H2 2018
Smartphone TDDI ramped with OEMs
WiseEye Solution adopted by Google TFLM
received Microsoft Azure IoT PnP Certification
WiseEye
features in Dell's Laptops
CES debuted WiseEye2 AI Processor
touch for OLED
auto & NB; In-cell TDDI for
LCD NB
investment in
FOCI for LPO/CPO
Collaboration
1st Gen CPO
production
Physical AI Agent
w/ Seeed Studio
leverage WiseEye
2001 ~ 2006
2013
2025
October 2004
Formed Himax Display to focus on LCoS microdisplay technology
Jul 2013
Signed investment agreement with Google
2016
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Volume shipment of AR related LCOS and
WLO, OLED
DDIC, and in-cell
TDDI
2017
Qualcomm & Himax jointly announced structured light-based 3D depth sensing solution
2019
Industry-first auto TDDI MP
2020
Tablet TDDI
MP
Q1 2022 Auto OLED IC 1Q22 ramp for EV
Q2 2022
OLED Tablet
MP
H1 2022
Showcase industry-leading auto local dimming Tcon
Q3 2023
World's first LTDI mass production
Apr 2024
Debuted WiseEye PalmVein
Q2 2024
SID 2024
exhibited 250K nits CS FL LCoS
Q4 2024
WiseEye
PalmVein
MP in access control
Q1 2025
CES 2025 unveiled 400K nits ultra-luminous FL LCoS
4
Leading imaging and human interfacing technology innovator
Global display driver player with a wide range of display image processing technologies for panels of all sizes
Human interfacing total-solution provider specialized in immersive, touchless and 3D perception related applications
Thousands of patents for Himax's IP and designs
Diversified base of customers and revenues
DDIC market share leader
Penetration throughout all display market segments and with a leading position in several segments, including automotive
Diversified revenues from traditional large and small/medium DDICs to TDDI, Timing controller, OLED, e-paper, WLO, 3D sensing, CIS, WiseEye Ultralow power AI sensing, LCOS microdisplays, and more
Top-tier partnerships with major U.S. and Asian AP platform providers, device makers, and the world's mega tech names
Expect non-driver product lines to proliferate application / customer coverage, improve corporate revenue and profit margin
Operational and public market performances
2022 record $1.2B in revenue. Ranked Global Top 10 Fabless IC Design Company in 2021
Long-term profitability potential with no fund raising since IPO
Focus on delivering P&L improvement by executing on the technologies Himax already developed for both driver IC and non-driver IC areas
Committed to dividend policy to reward shareholders for their ongoing support while continuing technology investment
Innovative new products capturing growth markets
TDDI and OLED technologies fuel growth for core display driver ICs business
Comprehensive automotive solutions for LCD and OLED displays, including DDIC, TDDI, LTDI, local dimming Tcon, and OLED touch
WiseEye, AoS CIS, WLO, 3D sensing, and LCoS microdisplay drive leadership in future products across AIoT, smart home/office, automotive,
AR/VR, LPO/CPO in HPC, medical devices, robotics, LiDAR, and AR-HUD applications
Visionary management team
12 Month Trading Chart
Fiscal Year
December 31
Last-Traded Price (5/6/2026)
$12.33
Diluted Weighted Ave. Out. ADS
174.4M
Equivalent ADS Out
174.4M
Market Capitalization (5/6/2026)
$2.15B
Average Volume
3.45M
Insider Ownership*
24.4%
* Insider ownership includes executives and board members
Shareholder Type
May.6, 2026
Hedge Fund
6.8%
Retail 29.4%
Insider 24.4%
Institutional 33.2%
Source: https://www.nasdaq.com/market-activity/stocks/himx/advanced-charting
Analysts
Mizuho Securities Asia Ltd. Kevin Wang
Nomura Securities Donnie Teng
Baird Equity Research Tristan Gerra
Mutual Fund
6.2%
Date: As of March 31, 2026
Morgan Stanley Tiffany Yeh
$1,075 HAS BEEN RETURNED TO SHAREHOLDERS INCLUDING DIVIDENDS AND SHARE BUYBACKS SINCE IPO
MILLION
119.0%
Dividend Payout Ratio (%)
Executed Share Buybacks from 2007-2025
(US$M)
100.0%
89.0%
100.0%
100.0%
100.0%
75.0%
61.4%
63.2%
83.3%75.0%77.5%
81.4%
61.7%
$218
50.0%
35.4%
81.1%
$67
$56 $44 $21
$11
$42 $46 $51
$22
$41
$17
NA NA
$47
$84
$51
$64.5
$50
$50
$33
$13
$5
$15
$12
$44
Dividend per unit EPS
Yield (%)
2008200920102011201220132014201520162017201820192020202120222023202420252026
0.35
0.30
0.25
0.12
0.06
0.25
0.27
0.30
0.13
0.24
0.10 0.00 0.00
0.27
1.25
0.48
0.29
0.37
0.25
0.40
0.21
0.19
0.06
0.30
0.36
0.39
0.15
0.30
0.16
0.05 (0.08) 0.27
2.50
1.36
0.29
0.46
0.25
7.0
10.4
9.1
5.9
3.4
4.4
4.1
4.8
1.4
2.9
1.3
na
na
2.1
15.0
7.3
5.1
4.9
1.6
2007 2008 2010 2011 2024
Himax Dividendand Policy
Distributed a total of $923 million of cash dividend since IPO
Dividends referenced primarily on prior year's profitability and cash demand for future
Typically pays out annual cash dividend at approximately the middle of the current calendar year, e.g., 2025 dividend payouts in July was for fiscal year 2024
Himax will continue to focus on maintaining a healthy balance sheet while driving sustainable long-term growth to deliver value for our shareholders through high dividends and share repurchases
Himax Share Buyback
Initiated five share buyback programs totaling $178 million since 2007. The most recent announced share repurchase totaling $20 million on 2024/12/4
Repurchased a total of 47.4 million ADSs as of 1Q26 at
average purchase price per ADS: $3.20
Note: On 11/30/2018 & 12/3/2021 Himax chairman Dr. Biing-Seng Wu announced share purchase plans to purchase up to approximately $5 million and
$10 million respectively of the Company's ADSs in the open market
1Q2026
4Q2025
1Q2025
QoQ
YoY
Revenues
$199.0M
$203.1M
$215.1M
-2.0%
-7.5%
Gross Margin (%)
30.4%
30.4%
30.5%
+0.0%
-0.1%
Profit
$8.0M
$6.3M
$20.0M
+26.1%
-60.0%
Earnings per ADS
$0.046
$0.036
$0.114
+26.1%
-59.9%
2025
2024
YoY
Revenues
$832.2M
$906.8M
-8.2%
Gross Margin (%)
30.6%
30.5%
+0.1%
Profit
$43.9M
$79.8M
-44.9%
Earnings per ADS
$0.252
$0.456
-44.8%
2Q2026 Guidance
Revenues
Gross Margin (%)
Profit
Increase 10.0% to 13.0% sequentially
Around 32%, depending on the final product mix
8.6 cents to 10.3 cents per diluted ADS
Himax's Global Reach
A Global Semiconductor Company
Fabless semiconductor company with world
leading visual imaging processing technologies
Global market leader in TFT-LCD display driver and timing controller ICs
300+ customers across Taiwan, China, Japan,
Korea, U.S. and Europe
2,564 patents granted and 331 patents pending approval worldwide as of March 31, 2026
NASDAQ-listed since March 2006 (HIMX)
Around 2,200 employees worldwide; more than
90% are engineers
Headquartered in Tainan, Taiwan with 8 R&D centers in Taiwan, China, Korea, and U.S., out of a total of 24 offices across Taiwan, China, Korea, and U.S.
Irvine, CA
Design
San Jose, CA Sales Minneapolis, MN
Design, Manufacturing Operations Sales/Marketing Detroit, MI
Technical Support
Beijing, Shanghai, Suzhou Fuzhou, Ninbo, Foshan, Wuhan, Shenzhen, Hefei, Xiamen, Chongqing, Xian, Chengdu, Fuqing, Nanjing
Sales, Design, Technical Support
Asan, Bundang Sales Design Technical Support
Tainan, Taipei, and Hsinchu in Taiwan Headquarters Design Manufacturing Operations Sales/Marketing Technical Support Investor Relations
HEADQUARTERS
Tainan, Taiwan 9
Himax Technologies, LTD.
Himax Display, Inc.
Himax Imaging, LTD.
Himax Technologies, Inc.
TFT-LCD drivers, EPD drivers, and OLED
drivers
Tcon and bridge IC
Touch controllers (LCD / OLED)
Pure in-cell touch TDDI
WiseEye AI processors
WiseEye modules
3D decoder processors
ASIC service and IP licensing
Power management ICs, P-gamma OP, level shifter and LED driver
Wafer level optics
CPO
In-house WLO fab
In-house color filter fab for LCoS
LCoS modules for head-mounted display, head-up display and pico-projector applications
Phase modulation for communication, holographic displays and AR-HUD
Light guide
In-house LC and module assembly facilities
CMOS image sensors
Ultralow power always-on (AoS) CMOS
image sensors
10
We are a leader in display driver ICs used to enable large, small and medium-sized flat panel displays in TFT LCD and OLED Displays
MARKETS WE SERVE
Smartphones, tablets, automotive, monitors, notebooks, TVs, gaming, education, industrial, healthcare plus 100's more applications that use all types of flat panel displays, covering TFT LCD and OLED.
In what devices can you find Himax DDIC technologies
Who uses Himax DDICs
Focal 2%
Fitipower 3%
4Q25 Driver Market Share
(3Q25 Market Share %, Revenue)
Others 14%
Samsung 32%
We provide a complete solution of image processing technologies and leverage our expertise in TV, monitor, NB, mobile devices, automotive and other mass-market technology releases
Large display driver IC business positions toward high end 8K/4K TV, gaming monitor and low power NB
TDDI takes major shipment than DDIC in smartphone and tablet segments
Share leader in automotive driver IC market. Collaborate closely with panel
makers, Tier 1s, as well as car brands across continents
ITH Corporation 3%
Sitronix 4%
Himax
6%
Novatek
(29%)
Automotive OLED commenced MP in Q1 2022. Started Tablet OLED MP from Q2 2022 for a leading customer
Offer comprehensive automotive OLED portfolio, comprising DDIC, Tcon, and on-cell touch controller, forming strategic partnerships with major
(6%)
Raydium 8%
19%
(20%)
leading panel makers across continents
Touch controller IC is engineered with industry-leading touch signal-to-
(7%)
LX Semicon
11%
(10%)
noise ratio > 45 dB and high-precision multi-finger touch capability,
enabling reliable operation even when wearing thick gloves or with wet fingers
Source: Omdia and company estimates (This covers TFT-LCD and OLED DDICs)
TDDI Technologies
Smartphone
Automotive
Tablet
We provide technologies for touch sensor displays including in-cell touch and the fast-growing Touch and Display Driver Integration (TDDI) single-chips
Automotive
MARKETS WE SERVE
Beginning with smartphones, expanded to tablets, automotive, NB
and many other consumer electronic devices
Notebook
Smartphone: LCD TDDI widely adopted for entry & mid-range smartphones. High
TDDI penetration and rapidly replace traditional DDIC
Tablet: New in-cell TDDI refreshed tablet life cycle starting 1Q20. Himax, the primary supplier for non-iOS tablet tier-1 customers
Automotive: Major supplier to leading panel customers, Tier 1s, and car brands. Automotive TDDI cumulative shipment well above 100M as of today. Commenced world first LTDI MP in 2023 with meaningful sales contribution starting 2026
Notebook: Expended into mid-sized displays with in-cell TDDI in 4Q23
In what devices can you find Himax TDDI technologies
A-Si HD+
Smartphone
LTPS FHD+ and
HD+ Smartphone
8" and Large-sized Tablets,
In-cell TDDI
Tablet PC, NB & Smart Speaker
Auto CID & Infotainment
Who uses Himax Touch and TDDI Technologies
We offer comprehensive automotive display solutions covering DDIC, TDDI , TCON, LTDI and OLED. Moreover, we offer leading-edge non-driver solutions, covering
e-Mirror
Dash Cam
AI DDIC
TCON
LCoS, WLO, CIS, 3D sensing and WiseEye ultralow power AI sensing for advanced automotive applications
DDIC
TCON
LCoS WLO
AR HUD
Autonomous Driving
TCON DDIC
Cluster
WLO
3D
AI
Driver State Monitor
LCoS
TCON
DDIC TDDI
TCON OLED
Side e-Mirror
CID
DDIC
TCON
TDDI
DDIC TCON
OLED
TOUCH
Pillar-to-Pillar Display
TDDI
TDDI
Car owner recognition
TDDI DDIC TCON
LTDI
TOUCH
WLO
3D
AI
Control Panels / Monitors
DDIC Cascade Driver
TDDI In-cell + Cascade
LTDI In-cell + Cascade
TCON Local Dimming + Bridge
OLED OLED Tcon + DDIC
TOUCH
OLED Touch Controller
AI WiseEyeTM
LCoS Microdisplay / Phase modulation
WLO Diffraction, Diffusion, Light Guide
3D 3D Sensing
TDDI DDIC TCON
RSE
TDDI
TDDI
TOUCH
DDIC
TCON
TOUCH
TDDI 15
Himax WiseEye ultralow power AI sensing technology brings AI to endpoint devices with extremely low power. We participate tier-1 endpoint-to-cloud ecosystems for broad market access. Himax CMOS image sensors include RGB, near infrared (NIR) and ultralow power Always-on Sensor (AoS)
Lite for Microcontroller
WiseEye AI Ecosystem Partners
MARKETS WE SERVE
WiseEye ultralow power AI sensing:
NB, doorbell, door lock, battery security camera, smart home/office, retail, palm vein authentication and many others
CIS:
Ultralow power AoS: IoT / human or object detection
NIR: 3D sensing and WiseEye Ultralow power AI sensing
RGB: Notebook, multimedia and smart home camera
In what applications can you find Himax WiseEye ultralow power AI sensing technologies
WLO and 3D Sensing
Industry-leading WLO design know-how and mass production expertise in advanced optical components (lenses, DOEs, MLAs and CPO)
Himax 3D sensing module solutions with advanced depth-perception features and key components
MARKETS WE SERVE
Wafer Level Optics (WLO):
DOE (Structured light, ToF), diffuser, lens, and others
Waveguide, Automotive in-cabin 3D, VR gesture control, among others
CPO
3D sensing:
E-payment, 3D naked eye laptop, smart door lock, automotive, access control, medical inspection, service robotics, industrial robotics, eye tracking and gesture controls for AR/MR/XR/VR
In what applications can you find Himax WLO and 3D sensing
3D ecosystem partners
AR Glasses AR HUD
(LCoS 2.0 Phase Modulation)
We are the leader and long-term innovator of Liquid Crystal on Silicon (LCoS) displays and one of the companies capable of high-volume production runs of LCoS displays for the launch of mass-market devices
AR Glasses: Hearing Aid
Mark Zuckerberg says metaverse is 'Holy Grail' of social experience
Audio-to-Text
馬克扎克伯格 說虛擬
世界是社交 體驗的 "聖杯"
馬克扎克伯格 說虛擬
世界是社交 體驗的 "聖杯"
AR Gaming
aR: Assisted Reality
Front-lit LCoS Technology
Compact form factor
Ultra luminous brightness Leading power efficiency
Simpler optical engine design and lower cost
MARKETS WE SERVE
LCoS and Front-lit LCoS
Industrial, consumer, gaming, sports, pico-projector, AR/VR smart glasses,
automotive head-up displays and others
Phase Modulation and Beam Steering
Holographic display, AR-HUD, WSS, ADAS and LiDAR
Who uses Himax LCoS micro display technologies
Himax owns exceptional Optics, 3D sensing, WLO and WiseEye AI solutions with mass production records. Diverse non-driver solutions fulfill different AR/MR/XR/VR
LCoS WLO
metaverse related application needs in AR
AI 3D
WLO
AR Glasses
Displaying & Human Interface Sensing
VR HMD + Gesture Control
3D
LCoS WLO AI
MR Goggle +
Holographic Display
Pico Projector
Lens
Diffuser
DOE
MLA
AI
3D
WLO
LCoS WLO
Eyeball Tracking
Micro Display
LCoS WLO
LCoS WLO
Waveguide
3D Naked-Eye
+ Eye Tracking
AR HUD
AI 3D
Gesture
Eye Tracking
WiseEye AI Sensing
3D
Sensing
(SL/TOF)
Gesture
Eye Tracking
LCoS WLO
3D AI
Object Detection
3D Reconstruction
3D WLO
XR Headset + Gesture Control
Voice Command • Face Recognition
Digital Twins /
3D Object Reconstruction
LCoS Microdisplay / Phase modulation
WLO Diffraction, Diffusion, Light Guide
3D 3D Sensing
AI WiseEye Ultralow Power AI Sensing 19
GROWTH OPPORTUNITY 1
Market Trends
Expect higher TDDI penetration in automotive, tablet and expanding into notebook
moving forward
TDDI fits in consumer demand for slimmer devices
Higher penetration of TDDI is refreshing smartphone /tablet/ automotive life cycle, creating higher content value and margin
Panel features, size and quantity inside the car are increasing, driving higher demand of DDIC, TDDI, Tcon and touch for automotive
Himax Strategies and Market Position
TDDI pure in-cell solution
TDDI has been biggest growth driver since 2020 across smartphone, tablet, and auto
Primary supplier for non-iOS tablet TDDI. Mass production started 1Q20. Himax tablet TDDI features active stylus for accurate handwriting and painting in premium tablet
Himax dominates automotive TDDI technology with hundreds of secured design wins. Shipped cumulative well above 100 million unit automotive TDDI, far surpassing peers
1st in the industry to initiate LTDI (Large and Display Driver Integration) MP in 2023.
Adoption increasing by global customers with meaningful sales starting 2026
Himax's integrated solution of TDDI / LTDI and local dimming Tcon has become
standard development platform for increasing number of customers
Comprehensive industry-leading automotive solutions for LCD and OLED displays, including DDIC, TDDI, LTDI, local dimming Tcon, and OLED touch, signifying increased content value on a per panel basis
Global Smartphone TDDI Demand Forecast
2024-2029
(Omdia, 2026)
777
799
706
707
682
643
2024 2025 2026 2027 2028 2029
TDDI technology enables OEMs to manufacture thinner, better and less expensive phones
GROWTH OPPORTUNITY 2
Market Trends
Chinese panel makers, benefited from Korean fab restructuring and increased their global market share, will procure more volume from
Taiwan DDIC supply chain
Leading Chinese panel makers' shipments continue to dominate the market. China ranked the No. 1 position with its total TFT-LCD capacity
4K TV penetration continues; 8K TV started to emerge
Demands for more sophisticated and higher performing displays are rising in the automotive segment
Smartphone OLED display adoption increased. The emergence of OLED DDIC for mid and large-sized OLED displays is evolving following the
advancements in smartphone OLED
Himax Strategies and Market Position
Leading market share of large DDIC
Focus on high-end, high value-added products and strategies to support key customers
Increased shipments of 4K solutions. Collaborate with major panel makers on the development of next generation 8K TVs. 8K TV is a strategic area for Himax as it represents a high barrier of entry for late comers and much more IC and Tcon used per device
Leader in higher frame rate and low power solution in high end gaming monitor and NB market
Continue to commit on OLED development. Our automotive OLED driver and Tcon commenced production in China flagship EV in 1Q22. Tablet OLED solution, Tcon and driver, entered MP starting 2Q22 with Chinese panel makers
Not only DDIC, Himax also provides comprehensive TCON to meet demands of high resolution, high frame rate, gaming purpose and low power features in displays such as 8K/4K TV, gaming monitor, low power NB, automotive and tablet
Expand automotive and notebook/tablet OLED portfolio to include a touch controller IC along with existing DDIC and Tcon, providing a comprehensive OLED solution. Auto OLED on-cell touch IC commenced production in 3Q24. NB OLED on-cell touch also MP in Q1 2026
GROWTH OPPORTUNITY 3
Market Trends
Smart AI devices demand boosts, but very few companies can provide ultralow power solutions in 24/7 content-aware AI
Increasing adoption of Himax's WiseEye ultralow power AI sensing solution in endpoint AIoT applications, including surveillance, smart meter, smart home/office/agriculture, industrial, healthcare and retail, etc.
Himax Strategies and Market Position
Himax Ultralow Power CMOS Image Sensor (CIS):
Our CIS includes near infrared (NIR) sensors for 3D sensing and ultralow power computer vision Always-on-Sensor (AoS). Good for multimedia and smart home applications, next-gen NB and AR/VR for mobile devices
Support QVGA/VGA AoS and industrial first 2-in-1 RGB/NIR/AI sensor
Reference design win for Google TensorFlow Lite
Himax WiseEye Ultralow Power AI Sensing:
WiseEye total solution: Composed of an industry-leading AoS, AI processor, and tinyML AI algorithm. Features ultralow power and context-aware AI, fit for various endpoint AI applications
Support Dell NB production from 1Q22, DESMAN smart door lock in 3Q23 and other AIoT applications (video conference device, smart agriculture/home, medical). Acer also adopt WiseEye in its latest AI PC
Reinforce go-to-market strategy by active collaboration with industry-leading AI ecosystem partners and customers, including Google TFLu, Microsoft Azure, Arm, EDGE AI FOUNDATION, Edge Impulse, Seeed Studio, among others
WiseEye Module offers highly integrated, plug-and-play module board with Low-Code/No-Code AI
WiseEye AI facilitates high-precision detection with features such as face mesh, facial landmark, hand gesture, and human pose and skeleton, expanding the intuitive, user-friendly interactive applications, all achieved with industry-leading ultralow power consumption
WiseEye PalmVein features industry-leading ultralow power consumption and exceptional accuracy for contactless biometric palm vein authentication
Who uses Himax CIS
Ultralow power AI sensing
Ecosystem Partners
Lite for Microcontroller
23
GROWTH OPPORTUNITY 4
Market Trends
Wafer-Level Optics (WLO) remains one of the key technologies for structured light, Time-of-Flight (ToF) related 3D sensing, offering high optical efficiency, small form factors, and compliance with eye safety regulations for AR/VR, e-payment and access control applications
Increasing 3D applications adopt our 3D sensing technologies for state-of-art Human Interface Sensing, such as gesture control, eye tracking and 3D reconstruction
Emerging HPC/AGI systems are gradually incorporating optical communication to boost data transmission, enhance bandwidth, and reduce power consumption, leading to advanced MCM packages increasingly integrate CPO technology
Himax Strategies and Market Position
Himax has accumulated significant WLO design and mass production experience through
Wafer Level Process
Integrated optics
High accuracy Scalability in production
Mini package
Ultra-small size & package
collaborations with major global tech companies, offering a diverse range of optical components such as lenses, DOEs, and MLAs. Key products include AR glasses for renowned manufacturers, facial recognition solutions for handheld devices, and spatial computation and gesture control systems for VR goggles
Collaborating with world's leading AI semiconductor and foundry partner in CPO, incorporating FOCI's proprietary CPO connector technology with Himax's nano-scale WLO to create an industry-leading optical transmission solution for AI and HPC. Small-scale production of the first-gen silicon photonics packaging solution underway
Offer market leading 3D decoder ASIC to customers who wish to design their own structured light 3D sensing solution. Good achievement in e-payment engagement in China. Welcomed by 3D industry in areas where privacy is of importance. Expand 3D processor offerings to cover Time of Flight (ToF). ToF is more effective for long-range 3D perception while structured light excels in high precision 3D detection for shorter distance
Silicon Photonics Packaging Technology
XPU
Optical fiber
24
GROWTH OPPORTUNITY 5
Market Trends
Many top name multinationals and start-ups are investing heavily to develop the AR ecosystem, including applications, software, operating systems, system electronics and optics
Capabilities in technology know-how and scalable manufacturing are significant barriers of entry to new market entrants and existing technology companies
Himax can provide the integrated services of R&D, joint development and manufacturing expertise
Himax Strategies and Market Position
Leader in microdisplays with patent-protected technology, in-house facilities and shipping
record
Focus on AR goggle devices and HUD for automotive applications
Customer list for AR goggle device covers many of world's biggest tech giants
Front-lit LCoS is one of the mainstream technologies for AR goggle devices. Commenced MP with global Tier 1 AR glasses device manufacturers since 2011
Introduced Phase Modulation technology for LCoS 2.0 microdisplay. Aiming holographic
display for AR-HUD, LiDAR for autonomous driving or ADAS, WSS for WDM
LCoS represents a long-term growth opportunity for Himax
Proprietary Front-lit LCoS
High brightness up to 350K nits at 200 mW LED power
Industry-leading form factor, 0.09 c.c. with super light weight only 0.2 grams
Vivid color with 140% sRGB color gamut
Mass production ready
Industrial
Helmet
AR- HUD
Pico Projector
AR Glasses
WSS for
Communication
LiDAR
Strong IP protection
25
Financial Review
Unit and Revenue History
We are one of the leading semiconductor companies in the world
Units sold and revenue (In millions of units and millions of USD)
1,521
1,516
1,337
1,069
1,156 1,165
1,297
1,309
1,464
1,311 1,323
1,192
1,256
Revenue
Units Sold
1,165
711
$1,547
689
674
640
165
$1,201
$832
$643
$199
$633
$672
$685
$692
$692
$724
$737
$771
$803
$841
$833
$887
$907
$945
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26
Category Product Mix
A Balanced Product Mix
5.1%
16.7%
12.7% 14.0% 16.4%
20.0%
19.0% 20.0%
22.7%
19.0%
18.9%
14.8%
12.0%
13.2% 14.9%
17.1%
20.0% 19.6%
53.1%
64.8%
66.5%
57.0%
22.0%
18.6%
44.6% 44.6%
53.9% 48.6% 46.0% 44.5% 45.0% 45.8% 58.1% 62.3%
78.2% 71.3%
42.7% 41.4% 29.7% 26.9% 32.4% 34.0% 32.8% 36.0% 35.3% 27.1% 25.7%
69.0%
13.9%
69.1%
10.9%
68.2%
12.2%
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
1Q26
$833
$692
$643
$633
$737
$771
$841
$692
$803
$685
$724
$672
$887
$1,547
$1,201
$945
$907
$832
$199
6.7%
8.2%
22.0%
34.8%
Revenue
(US$M)
Global market leader in driver ICs for large and small & medium-sized panels
Large display driver business positions toward high end 8K/4K TV, gaming monitor and low power NB
Leading position in auto display market for both LCD and OLED technologies. Comprehensive offerings including DDIC, TDDI/LTDI, local
dimming Tcon and touch controller (OLED). Industry 1st to achieve auto TDDI MP. Anticipate auto sales remain Himax's major sales contributor
Market leader in tablet TDDI with mass production from 1Q20. Well dominate non-iOS tablet as primary supplier to customers
Innovative non-driver technologies in advanced Tcon, WiseEye AI, Wafer Level Optics, 3D sensing, CIS and LCoS microdisplays
Outstanding performance in high value added Tcon including 8K/4K TV, gaming monitor, low power NB, automotive, ePaper & OLED
WiseEye AI: Collaborates with global endpoint-AI solution partners by actively engaging endpoint-to-cloud platforms, ecosystem partners and end-point AI customers in NB, surveillance, shared bike, door lock, smart home/office and palm vein authentication
Highlights the application versatility of WLO in advancing CPO for optical communication, vital for the advancement of AI and HPC
Enlarge LCoS microdisplay for AR/VR, pico projector. Extend to phase modulation LCoS technology for AR-HUD, LiDAR and WSS
Global leaders' preferred partners in the joint development of non-driver category / optical technologies for emerging applications
Gross Margin is a Key Business Focus
Revenue & Gross Margin
US$M in Revenue and Gross Margin %
40.5%
$1,547
23.6% 24.2% 24.4% 23.3% 20.5%
24.9%
27.9% 30.5% 30.6% 30.4%
$1,201
$887
$945
$907
$692
$803
$685
$724
$832
$672
$199
48.4%
Geographical Revenue Mix & Quarterly GM
US$M in Revenue and Quarterly Gross Margin %
1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26
28.1% 21.7% 31.4% 30.3% 29.3% 32.0% 30.0% 30.5% 30.5% 31.2% 30.2% 30.4% 30.4%
$60
$53
$55
$57
$51
$61
$64
$64
$54 $55
$55 $55
$61
$184 $182 $184
$171
$157
$178
$158
$173
$161 $160
$144
$148
$138
Margin improved with favorable product mix
High margin segments supporting our long- term growth
Leadership in Auto: A leading supplier with leading technology spec (DDIC/TDDI/Tcon/OLED). First mover in auto TDDI, LTDI and local dimming Tcon now broadly adopted as standard platform by main auto makers. Demand unfolding with a trend in new energy vehicle (NEV)
Leadership in tablet: A dominate supplier with leading technology spec
in TDDI and tablet OLED
New revenue stream: Ultralow power WiseEye AI, OLED and WLO (CPO)
◼
◼
◼
2024 auto driver business was the largest revenue contributor. Auto,
Tcon and WiseEye AI business all enjoy higher GM than corporate average
Robust auto demand derived from display inside the auto increase in number, size and feature, implying more demand for auto drivers ICs 2021 GM set a new high for favorable price and product mix amid severe capacity shortage period
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26
Disclaimer
Himax Technologies Inc. published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2026 at 08:16 UTC.