touch panel shipments to see strong growth, yet offer little profit
Jason Yang, DIGITIMES Research, Taipei [Friday 20 March 2015]
Taiwan panel makers have been aggressively promoting their on-cell touch panels and quotes for a 5-inch HD (1,280 by 720) on-cell touch panel already dropped to about US$10-12 in early 2015, attracting orders from major handset brand vendors and white-box players in China.
Digitimes Research expects these on-cell touch panels to undermine the market for add-on touch panels and force Japan Display (JDI) to shift its focus to other segments by raising its in-cell touch applications' resolution from HD to Full HD (1,920 by 1,080).
The touchscreen sector has seen some favorable developments for on-cell solutions lately. Innolux and HannStar Display have improved their production yield rates for on-cell touch panels.
Human-machine interface solution providers Synaptics and FocalTech, and touchscreen IC designers Himax Technologies, Mstar Semiconductor and Ili Technology (Ilitek) have geared up developing on-cell touch solutions, resulting in price declines. HD on-cell touch panels' quotes have now dropped to around US$10-12, approaching a level similar to that of GF-based touch panels.
Thanks to the dropping prices, China-based smartphone vendors ZTE and TCL as well as players that focus mainly on the white-box smartphone market have increased their adoption of on-cell touch panels and their orders are expected to boost Taiwan's overall on-cell touch panel shipments to above eight million units in the second quarter of 2015.
Meanwhile, JDI's touch panel solutions for HD mid-range smartphones are still priced at around US$20 because production costs remain high and the firm is keen to maintain its gross margins. Since JDI's solutions are unable to compete against GFF-based touch panels in terms of pricing, the Japan-based panel maker is expected to rely more on Full HD panels for high-end smartphone products.
As for China-based panel
Himax Technologies logoEquities researchers at Lake Street Capital set a $9.00 price objective on shares of Himax Technologies (NASDAQ:HIMX) stock in a research report issued on Tuesday. The firm currently has a a “buy” rating on the stock. Lake Street Capital’s price target would indicate a potential upside of 33.53% from the stock’s previous close.
A number of other analysts have also recently weighed in on HIMX. Analysts at Bank of America downgraded shares of Himax Technologies from a “buy” rating to an “underperform” rating and set a $7.00 price target on the stock in a research note on Tuesday. Analysts at Chardan Capital upgraded shares of Himax Technologies from a “sell” rating to a “neutral” rating and set a $7.00 price target on the stock in a research note on Friday, February 13th. Analysts at Craig Hallum downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating and lowered their price target for the stock from $9.00 to $7.00 in a research note on Thursday, February 12th. Finally, analysts at Credit Suisse downgraded shares of Himax Technologies from an “outperform” rating to a “neutral” rating in a research note on Monday, February 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $8.84.
Himax Technologies (NASDAQ:HIMX) traded down 9.77% on Tuesday, hitting $6.74. 11,336,493 shares of the company’s stock traded hands. Himax Technologies has a 1-year low of $5.70 and a 1-year high of $15.40. The stock has a 50-day moving average of $7. and a 200-day moving average of $8.. The company has a market cap of $1.15 billion and a P/E ratio of 17.37.
Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, February 12th. The company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. The compa
Good news gaming fans and gadget enthusiast as Microsoft has some new details on its VR headgear - the HoloLens - regarding its release date and games.
Microsoft HoloLens is one of the few VR gaming headgears that are being developed this year, along with other devices such as Sony's Project Morpheus, Samsung's Gear VR and the Oculus Rift. PC Pro has manage to report the specs and features of the Microsoft HoloLens.
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According to Alex Kipman, project leader of HoloLens, the visor is comprised of "see-through" holographic HD lenses that can reach full HD quality at 1080p or at 720p resolution. The website implies that the HoloLens will have 4K display that could put it ahead on its other competitors.
PC World (via PC Pro) reports that HoloLens' processor is the Cherry Trail chipset, which is said to be smaller, faster and will have more features than its Bay Trail predecessor. As an added bonus, the chipset could have wireless charging to the HoloLens.
The HoloLens will also have the RealSense gesture control, which allows expansive range of hands free control mechanics for interacting with tablets and has Intel's WiDi technology that lets users stream movies, games, and apps.
Its co-processor is the Holographic Processing Unit that can integrate and interact with real environments and virtual objects that allows the HoloLens to interpret its surroundings.
As for its sensors, PC Pro reports that it will have the Kinect 2.0 as the Xbox accessory will have both depth and 1080p colour cameras, as well as an infrared sensor.
The HoloLens will features a 3D MineCraft-like game called "HoloStudio" that lets players knock on holes through real-world objects to reveal digital environments. The game also allows users to create, manipulate and alter 3D models that can be exported to 3D printers.
Speaking of games, Microsoft is planning on having Xbox One games to the HoloLens.
According to the Fuse Joplin, Xbox executive Phil
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