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Based on feedback from manufacturers already clamoring for SLIM, it will be 'a major contributor to both our revenue and profitability' by the first half of next year. Not only is SLIM nearly ready for the Android-loving masses, Himax expects production capacity to reach 2 million units in early 2018. In partnership with Qualcomm, Himax has developed its own 3D sensing solution specific to Android devices, SLIM. What does Apple have to do with Himax? Naturally, if Apple has a technology Android doesn't, that must be remedied, and Himax is doing just that. The iPhone X's 3D sensing takes Apple's new phone to the next level of security and augmented reality. Apple's face recognition technology in past smartphone iterations is often cited by users as a favorite feature.

The future starts nowĪ key talking point of Apple's (NASDAQ: AAPL) latest smartphone, the iPhone X, is the incorporation of its new 3D sensing technology. Picture of a woman working on a laptop with multiple mobile devices alongside her. All three of Himax's product lines reported sequential gains, though its $197.1 million in total revenue was a 9% drop compared to a year ago. This is starting to get interestingĭue to the rough start to 2017, comparing quarter-over-quarter growth gives a more accurate view of the direction Himax is heading. Growth investors shouldn't be surprised when Himax's fourth quarter demonstrates another period of substantial sequential improvement. Though 2017 may not have started as smoothly as Himax would have liked, those concerns are now a thing of the past. WLO shipments are expected to ramp up even more this quarter and into 2018.Īs for the smartphone snafu earlier in the year, Himax is already experiencing a jump in orders that will continue into next year. The increase in production has begun, and shipments are heading out the door. Wu added that the WLO production would be remedied in the third quarter, and Himax delivered. The WLO supply issue, and the lack of orders from China-based smartphone manufacturers, were going to take their toll. Wafer-level optics (WLO) production, a core offering of Himax, was woefully inadequate to meet demand. To his credit, CEO Jordan Wu was blatantly honest during Himax's second-quarter earnings call regarding a couple of production and supply hiccups that hindered results.

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