Wired News – Himax Technologies, DSP Group, and Emza Visual Set to Launch WiseEye IoT to Deliver Always-On Visual Sensing for Consumer Appliances

Stock Monitor: DSP Group Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 04, 2018 / Active-Investors.com has just released a free research report on Himax Technologies, Inc. (NASDAQ: HIMX) (“Himax”). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HIMX as the Company’s latest news hit the wire. On January 02, 2018, Himax, a leading supplier and manufacturer of display drivers and other semiconductor products, and DSP Group, Inc. (NASDAQ: DSPG), a leading wireless chipset solutions company, collectively announced the launch of WiseEye IoT. Moreover, the announcement was made in coalition with Emza Visual Sense, a pioneering company in the field of ultra-low power computer vision. According to the companies, WiseEye IoT is the industry’s first ultra-low power, always-on, intelligent visual sensor to enable advanced awareness, equivalent to human presence, for consumer appliances and industrial IoT applications. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Himax Technologies and DSP Group most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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The Announcement

The WiseEye IoT is built from the collaborative effort of DSP Group’s ULE and SmartVoice Solutions, Emza’s machine vision algorithms, and low-power CMOS Image Sensor from Himax. According to the companies, when integrated into consumer appliances, the WiseEye IoT enables ultra-low powered human awareness in the vicinity of the particular appliance in an extremely economic and efficient manner. The sensor is also designed to avoid storage or transmission of images in order to protect customers’ privacy.

According to DSP Group, WiseEye IoT can deliver the intelligence required for smart buildings to optimize HVAC and elevate the safety and security standards at a few milliwatts of power and extremely competitive cost. DSP Group’s solution-SmartVoice SoC enables the solution to operate in extremely low power consumption, while the integration with ULE technology, offers it an interference-free spectrum band and best-in-class range, hence enhancing the device’s value proposition by enabling transparent connectivity to existing ULE-IoT based systems.

Himax stated that its CMOS Image Sensor delivers WiseEye the ability to drive computer vision to new applications, without cost, performance and power constraints. Emza Visual Sense added that WiseEye enhances the intelligence and functionality of any device where the trainable solution is expected to target the untapped IoT space in both consumer and industrial domains.

Company Growth Prospects

DSP Group reported its Q3 FY17 results on November 02, 2017, where it observed a sequential new products revenue growth of 9%. The Company reported a 12% decline in net revenue of $34.3 million in Q3 FY17 from $38.8 million in Q3 FY16. DSP Group, following the results, stated that it expects greater momentum in the SmartVoice segment, owing to eight new product launches. DSP Group also stated in its Q3 FY17 release, that it expects Q4 FY17 results to soften on a sequential basis, owing to seasonal drop for cordless and VoIP products where the Company later emphasized that it is well-positioned to resume revenue growth in 2018.

Prior to the announcement, on April 13, 2017, Himax announced a strategic investment in cash for a 45.1% equity ownership of Emza Visual Sense Ltd, an Israeli company focused on development of efficient visual sensors which leverage machine-vision algorithms and specific architectures delivering always-on visual sensing capabilities.

Stock Performance Snapshot

January 03, 2018 – At Wednesday’s closing bell, Himax’s stock advanced 4.32%, ending the trading session at $10.87.

Volume traded for the day: 5.07 million shares.

Stock performance in the previous six-month period – up 36.56%; past twelve-month period – up 74.76%; and year-to-date – up 4.32%

After yesterday’s close, Himax’s market cap was at $1.86 billion.

Price to Earnings (P/E) ratio was at 175.32.

The stock has a dividend yield of 2.21%.

The stock is part of the Technology sector, categorized under the Semiconductor – Specialized industry. This sector was up 0.8% at the end of the session.

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