Himax (HIMX) Higher Once Again Following Google (GOOG) Deal
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Himax (HIMX) Stock Surges After Announces Agreement with Google (GOOG)
July 22, 2013 7:41 AM EDTHimax Technologies, Inc. (Nasdaq: HIMX), a supplier and fabless manufacturer of advanced display drivers and other semiconductor products, today announced that it has entered into an agreement with Google Inc. (Nasdaq: GOOG) pursuant to which Google has agreed to invest in the Company's subsidiary, Himax Display Inc. ("HDI").
The purpose of the investment is to fund production upgrades, expand capacity and further enhance production capabilities at HDI's facilities that produce liquid crystal on silicon ("LCOS") chips and modules used in applications including head-mounted display (HMD) such as Google... More
