Himax Technologies (HIMX) and Rabboni Co. Jointly Announce Unveiling of bboni Ai

Himax Technologies, Inc. (NASDAQ:HIMX) is one of the Best Semiconductor Stocks to Buy Under $20. On July 14, Himax Technologies, Inc. (NASDAQ:HIMX) and Rabboni Co., Ltd. jointly announced the unveiling of bboni Ai, which is the world’s first multi-scenario endpoint AI sensing system. Notably, bboni Ai tends to integrate Rabboni’s high-precision IMU (Inertial Measurement Unit) motion sensors with Himax Technologies, Inc. (NASDAQ:HIMX)’s ultralow-power WiseEye2 AI processor. This opens a new chapter for real-time endpoint AI inference for wearable devices and ramps up the transition of AI from concept to real-world implementation.

The tariffs have not had a significant direct impact on the company’s business, as its IC products are not directly exported to the US. Amidst the volatile macro environment, most of the panel customers adopted a make-to-order model and have decided to keep inventories lean. Therefore, Himax Technologies, Inc. (NASDAQ:HIMX) continues to carefully monitor wafer-starts, maintains low inventory levels, and remains focused on controlling operating expenses. Despite the near-term challenges, Himax Technologies, Inc. (NASDAQ:HIMX) leads the global automotive display market, accounting for a 40% share in DDIC, more than 50% in TDDI, and an even higher share in cutting-edge local dimming Tcon technologies.

Himax Technologies, Inc. (NASDAQ:HIMX) is a fabless semiconductor company that offers display imaging processing technologies.

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Disclosure: None. This article is originally published at Insider Monkey.