Himax Tech Surpasses Q2 Expectations, Plans Growth

Himax Technologies' Q2 2024 Performance
Himax Technologies, a major player in semiconductor products, including display drivers, reported impressive results for the second quarter of 2024. Their revenue reached $239.6 million, marking a 15.5% increase from the previous quarter. This growth is significant, especially in a challenging market. The company's gross margin, or the difference between sales and the cost of goods sold, improved to 32%, up from 29.3% in Q1.