‘Many’ TV Brands to Bow 'Consumer-Grade Super High-End’ 8K TVs, Says Himax
Himax sees potential benefits to its large-display driver IC and timing-controller businesses from the impending introduction from “many” TV brands of “consumer-grade super high-end” 8K TVs, said CEO Jordan Wu on a Thursday earnings call. An “industry-leading” TV-maker customer will…
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launch a new 8K TV early in 2019 “with Himax technology inside,” he said. “We expect more to come from this and other customers in the future.” Himax recorded high-single-digit Q3 growth in its large-display driver IC business from improved components supply, “ongoing capacity expansion” from Chinese panel-maker customers and shipments to a new panel customer that “only started ramping up their first fab lately,” he said. For Q4, “we are seeing continued strength in customer demand,” and better “order fulfillment,” despite “industry-wide capacity constraints” in the packaging of components, he said.