Title : Analyst: Himax/Qualcomm 3D Sensing Platform Struggles in China
link : Analyst: Himax/Qualcomm 3D Sensing Platform Struggles in China
Analyst: Himax/Qualcomm 3D Sensing Platform Struggles in China
Barron's quotes financial analyst Jun Zhang of Rosenblat saying:"As we look across the landscape it appears to us that HIMX continues to struggle to find OEMs to incorporate its solution as our latest industry research suggests OPPO is working with Orbbec, Xiaomi with O-film (002456-SZ:NR) & Mantis Vision for its Mi7 Plus and Huawei on an internal solution. We also be- lieve other tier-2 and 3 OEMs are targeting a 2019 launch for their phones. On the conference call, management commented that its 3D sensing solution will be ready for mass production in Q2 but did not announce any design wins. Based on the long lead times for 3D sensing modules, Himax should have needed to have already secured a design-win if to be part of any solution."
SeekingAlpha earnings call transcript has the company's CEO Jordan Wu predicting: "3D sensing will be our biggest long term growth engine and, for 2018, a major contributor to both revenue and profits, consequently creating a more favorable product mix for Himax starting the second half of 2018."
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