Himax Stock Is Trading Higher On Partnership With BOE Varitronix For Automotive Display Solution - Himax Techs (NASDAQ:HIMX)

Fabless semiconductor solution provider Himax Technologies Inc HIMX and automotive display products supplier BOE Varitronix Limited (BOEVx) collaborated for flexible AMOLED automotive display solution design-win with a new energy vehicle (NEV) maker.
The customer's upcoming launch of a flagship NEV model will use the display.
Himax and BOEVx partnered for cutting-edge flexible AMOLED automotive display in a 12.8-inch Center Information Display product (CID), implementing the Himax AMOLED driver IC and timing controller (TCON) solution.
The AMOLED driver empowers superior user visual delight from a cutting-edge OLED display from BOEVx with rich and colorful image performance and chic panel curvature, which benefits from the AMOLED panel and driver in COF technology.
The Himax TCON supports dual-gate and MUX2 panel structure, 180-degree rotation with an embedded color engine, and panel failure detection feature for passenger safety.
The collaboration will support launching innovative display solutions to the growing car market, especially for NEV, as per Himax CEO Jordan Wu.
Price action: HIMX shares traded higher by 5.59% at $13.62 on the last check Wednesday.