Friday, February 13, 2015

Himax Reports 2014 Revenues

Himax reports its 2014 business results: "Revenues from CMOS image sensors also experienced significant growth in 2014 and should continue to be a fast growing product area for Himax in 2015. Sales of the Company’s 2 and 5 megapixel products were particularly strong, mainly due to robust demand from several international customers as well as from Chinese white-box customers. Looking into 2015, Himax expects its sales of 8-megapixel sensors, now the mainstream design for smartphones, to accelerate while high end 13 megapixel sensors to start mass production later in the year. This puts Himax firmly on the map as one of a small handful of companies capable of offering a comprehensive product portfolio for smartphone cameras.

In addition to the a fore-mentioned consumer applications, Himax is also making significant progress in CMOS image sensors for non-consumer applications, which typically enjoy higher margins and have relatively little direct competition. Himax already started initial shipments to a Korean automotive end customer and is actively engaging more module houses to penetrate into Chinese before-market-installation automotive applications. As the Company grows sensor sales for automotive and other non-consumer applications and continues to turn the bulk of its CMOS image sensor sales from 2 and 5 megapixels to higher end, higher margin 8 and 13 megapixels, Himax expects its CMOS image sensor business to accelerate in 2015.
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"CMOS Image sensor sales nearly doubled year over year."

"Furthermore, the Company continues to partner with numerous industry leading companies using its cutting edge and industry-dominant wafer level optics, or WLO, for the development of ...technologies of the future, namely array cameras. ...To meet the anticipated demand growth for its LCOS and WLO products, the Company is expanding its production capacity starting in Q1 2015."

From Himax Feb 2015 investor presentation:

Himax customers

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