Notre Dame De Namur University
Technology, as an industry, hosts some of the biggest corporations in capitalism today, in respects to their influence on global markets and the astronomical levels of revenue they gross each year. All of these giants, Google, Apple, and Microsoft to name a few, need resources from all over the world to operate smoothly, and one of the companies providing this lower level support in the chain of technological product production is Himax Technologies. Himax Technologies is a fabless semiconductor company based out of Tainan City, Taiwan. With the past fifteen years filled with monumental advancements in software and hardware alone, the semiconductor business has become an industry in itself.
With a small-cap market of 512 million dollars and a gross margin profitability of 22.4%, Himax Technologies have come a long way since their incorporation in 2007 (HIMX, 2013). The company was founded on July 1, 2004 by Dr. Biing-Seng Wu (Himax, 2013). With regards to geographical location, Himax has offices around the world, with a design center in California and both sales and support offices in China, Taiwan, and the United States collectively. Himax’s earnings have slipped since their inception, with total income for the 2007 fiscal year reaching 113 billion, and only 9.5 billion for the 2011 fiscal year (HIMX, 2013). The cause for this drop in earnings is primarily due to the huge influx of competition in the semiconductor market as microchips and integrated circuits have advanced since the start of the 21st century. Additionally, some of the technology that they are providing components for is not selling as well as previously forecasted, for example, 3D televisions.
Himax Technologies has multiple functions within the corporation. Although their primary function is the production of components for anything that has a LCD display, the company dips into other...