Himax Technologies is trading 5.4% up at $15.70 due to positive investor reaction to two recent developments:

  • The company launched its new HE Series indirect Time-of-Flight (iToF) Depth Decoder ICs, significantly expanding its 3D sensing and edge AI capabilities for robotics and intelligent vision applications.
  • Himax also announced an expected pre-tax gain of approximately $23 million to $24 million from the proposed disposal of an equity-method investee.