Himax(HIMX) Newsfilter·2024-05-29 09:21Core Insights - Himax Technologies has made a strategic investment in Obsidian Sensors, focusing on high-resolution thermal imaging technology to enhance its product offerings and market position [1][6] - Obsidian Sensors is revolutionizing the thermal imaging industry with its proprietary Large Area MEMS Platform (LAMP), enabling high-volume production of low-cost, high-resolution thermal sensors [2][8] - The partnership aims to integrate Himax's ultralow power AI processors with Obsidian's thermal imaging solutions, targeting applications in automotive safety, security systems, and more [1][3] Company Overview - Himax Technologies is a leading fabless semiconductor provider specializing in display imaging processing technologies, with a strong presence in automotive display technology [7] - The company employs around 2,200 people and holds 2,772 patents granted and 398 patents pending as of March 31, 2024 [7] - Obsidian Sensors, founded in 2017, focuses on democratizing thermal imaging through innovative production technology, targeting sectors such as automotive, security, and surveillance [8] Market Potential - The demand for thermal imaging sensors is expected to grow significantly, particularly in automotive applications, driven by new safety regulations mandating advanced driver assistance systems [3][6] - Obsidian's technology is positioned to meet the needs of a rapidly growing market, with the capability to produce over 100 million sensors per year at VGA resolution or higher [2][8] - The collaboration between Himax and Obsidian is anticipated to create synergies that enhance their competitive edge in the thermal imaging market [5][6]