Himax Reports 70% YoY CMOS Sensor Sales Growth

GlobeNewswire: Himax reports its image sensor sales grew by 70% YoY in Q1 2021. However, it appears that this spectacular growth does not continue into the Q2:

"The CIS revenue is expected to be flattish sequentially in the second quarter. The Company’s shipment has been badly capped by the foundry capacity despite surging customer demands for the CMOS image sensors for web camera and notebook. Nevertheless, a decent growth is expected in second half of 2021 thanks to a major engagement from a major existing customer.

Industry-first 2-in-1 CMOS image sensor of Himax supporting video conferencing and AI facial recognition on ultralow power has been designed into some of the most stylish, slim bezel notebook models of certain major notebook names. Small volume production has started in the fourth quarter of last year. Meaningful ramp-up volume is expected for the coming quarters.

Regarding ultralow power always-on CMOS image sensor that targets always-on AI applications, the Company is getting growing feedback and design adoptions from customers globally for various markets, such as car recorders, surveillance, smart electric meters, drones, smart home appliances, and consumer electronics. More progress will be reported in due course."