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May 20, 2014
07:50 EDTHIMXHimax Technologies to benefit from Chinese smartphone trends, says Oppenheimer
Oppenheimer expects the growth of higher end smartphones made by Chinese companies to be "largely favorable" for Himax. The firm expects the trends to be favorable for the company's margins, and it expects the company's market share in China to rise. However, Oppenheimer thinks the company could lose share in the display driver market. But Oppenheimer keeps an Outperform rating on the stock.
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