Himax Technologies, Inc. (ADR) (HIMX) Fires Back at Oppenheimer

In an email to Smarter Analyst, Luke Zimmerman, Investor Relations Associate of MZ North America for Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) revealed the company’s frustration with the recent analysis of Andrew Uerkwitz from Oppenheimer. As reported by Smarter Analyst on Monday, Uerkwitz had issued a report which contained a number of assertions regarding Himax technology, production, and market share that HIMX management strongly rejects.

In regard to production, competition, and shipment of new technology, Uerkwitz made the claim that “HIMX is lagging competitors winning new designs […] does not have a clear technology lead.” However, company management fired back, writing that Himax has “begun shipping TDDI products and most importantly...