Automotive Drives Solid Revenue Base For Himax Technologies
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Himax Technologies' automotive display-driver sales grew nearly 20% YoY in 2024, now making up 50% of total revenues. Despite a 4.1% revenue decline, cost-cutting and high-margin products improved gross margins by 260bps. A slight dividend increase is expected.
March 11, 2025 | 8:00 am
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Himax Technologies' automotive display-driver sales grew nearly 20% YoY in 2024, now making up 50% of total revenues. Despite a 4.1% revenue decline, cost-cutting and high-margin products improved gross margins by 260bps. A slight dividend increase is expected.
Himax Technologies' strong performance in automotive display-driver sales, which now constitute half of its revenue, indicates robust demand and market positioning. The improvement in gross margins and expected dividend increase are positive signals for investors, suggesting financial health and potential for future growth.
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