Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) Slacks As Glass Sale Comes On


Dallas, Texas 04/15/2014 (FINANCIALSTRENDS) –  Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) the display screen manufacturer with IC design expertise, found itself drop by nearly 14%. Market experts say, the drop is due to the announcement of the sale of the Google Glass, for just one day!

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) saw its share reach a low of $9, it last saw in September, and the volumes nearing 3 times the daily average. Google’s offer of its $1,500 Explorer Edition of its top of the line, ‘wearable technology’ Glass for public has apparently set the onslaught.

Google Inc had previously offered the Google Glass  as a limited version exclusively for developers and early adopters. Now, the company with the same price tag continues to offer the new device for all users.

Google Inc, Inc, in a bid to retain its production sustainability for its current products, which is currently the Google Glass, it has since sought Himax Technologies, Inc. (ADR)(NASDAQ:HIMX) as a back-up source, having partially invested in this stock.

Himax waits for technology adoption

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)  and other users too are eagerly waiting the day Google will announce  a more customer friendly price point.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) may well see its valuation increase with the entry of the new age wearable internet products.

It’s continued expertise in technologies related to LCD manufacturing and IC Design had definitely helped the Taiwan-based manufacturer some lead time.

As more companies begin forays into wearable internet and applicators, it remains a sunshine era for companies such as HIMAX which have long years of experience and also the technical hardware to develop and deliver solutions as per customized requirements.

However, as per Google Inc, the likely launch of Google Glass is expected no earlier than the middle of the year or towards the later half of 2014.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.