• With virtual and augmented reality markets about to take off, Himax will be a main beneficiary, based on its strong LCOS microdisplay product winning many of the VR/AR customers.
• The timing of this take off is uncertain. However, the downward risk in the stock is limited as the company is well positioned in other growth markets.
• So we like the risk-reward here as the company isn’t very expensive and has a healthy balance sheet. It even pays a dividend.

Himax Has Unique Growth Opportunities In Virtual Reality