Himax Technologies reports Q1 revenue $194.6M, consensus $193.58M Reports Q1 gross margin 24.7%. Despite foreseen inventory buildup for a Korean customer, the company said it remains confident in its product and technology development across each of its businesses.
Himax announces Google will not exercise additional investment option in company Himax Technologies (HIMX) announced that Google (GOOG) has decided not to exercise its previously issued purchase option to make an additional investment into Himax's subsidiary, Himax Display. Himax has been authorized by Google to make the following statement: "Google continues to work closely with Himax as a strategic partner on future technologies and products and will remain a board observer." Shares of Himax are down 13.7% following the report.