Friday, November 11, 2016

Pixart and Himax Report Quarterly Earnings

Pixart reports 5.5% QoQ better sales and a product mix shift away from the mouse sensors in Q3 2016:

Himax Q3 image sensor sales are worse than expected, although the company has not released any numbers. The image sensor growth is projected in the next quarter.

"Himax continues to make great progress with its new smart sensor areas by collaborating with certain heavyweight partners, including a major e-commerce customer, leading consumer electronics brands and a heavyweight international smartphone chipset maker. By pairing a DOE integrated WLO laser diode collimator with a near infrared CIS, the Company is offering the most effective total solution for 3D sensing and detection in the smallest form factor, which enables easy integration into next generation smartphones, AR/VR devices and consumer electronics. Similarly, the ultra-low-power QVGA CMOS image sensor can also be bundled with the Company’s WLO lens to support super low power computer vision to enable new applications across mobile devices, consumer electronics, surveillance, drones, IoT and artificial intelligence. The Company will report business developments in these new territories in due course.

Regarding other CIS products, the Company maintains a leading position in laptop applications and will increase shipments for multimedia applications such as surveillance, drones, home appliances, consumer electronics, etc.

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