Himax Is Not Looking Too Hot for 2018, Says Rosenblatt

Himax Technologies (NASDAQ:HIMX) is a semiconductor company that may have met its match: lackluster 3D sensing revenue just around the corner. Rosenblatt analyst Jun Zhang is a bear anticipating roughly 54% downside potential for the Taiwanese fabless semiconductor firm that he believes simply cannot live up to its own 3D sensing revenue expectations in 2018.

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