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Himax Himax Technologies , Inc. Reports Third Quarter 2021 Financial Results ; Provides Fourth Quarter 2021 Guidance Company Q3 2021 Financial Result met the Guidance ; Revenues , Gross Margin and EPS All Reached All - Time Highs Provides Q4 2021 Guidance : Revenues to Increase by 4 % to 8 % Sequentially , Non - IFRS Gross Margin is expected to be around 50 % , Non - IFRS Profit per Diluted ADS to be around 78.0 Cents to 83.0 Cents • Q3 financial result met the guidance ; Revenues , GM and EPS all reached all - time highs • • • • Q3 revenues was $ 420.9M , an increase of 15.2 % QoQ and up 75.4 % YoY . Q3 GM reached 51.7 % , up from the 47.5 % in Q2 2021 Q3 Non - IFRS after - tax profit was $ 138.9M , or 79.5 cents per diluted ADS Q4 revenues to increase by 4 % to 8 % QoQ . Non - IFRS GM around 50 % . Non - IFRS profit attributable to shareholders to be in the range of 78.0 to 83.0 cents per fully diluted ADS . IFRS profit in the range of 74.5 to 79.5 cents per fully diluted ADS Himax has leading share in automotive driver market . Company's automotive segment is on track to become its single largest revenue contributor starting 2022 Himax has more than 60 % global share in the non - iOS tablet TDDI market . Q4 sales of tablet TDDI to be up low - teens , a continuation from the solid and high base - - TAINAN , Taiwan Nov 4 , 2021 Himax Technologies , Inc. ( Nasdaq : HIMX ) ( " Himax " or " Company " ) , a leading supplier and fabless manufacturer of display drivers and other semiconductor products , announced its financial results for the third quarter ended September 30 , 2021 . " At this moment , we still feel the pressure amid stringent wafer capacity shortage in the mature process nodes where we are mainly anchored . The display driver industry has been among the most impacted by the severe foundry shortage since the beginning of last year and its supply - demand imbalance was exacerbated by the surging demands of some applications triggered by the pandemic . We believe the supply - demand imbalance will continue well into 2022. As such , we have made a long - term strategic decision to enter into multi - year contractual supply agreements with our foundry partners covering a wide range of product lines , including large display drivers , tablet and smartphone TDDIs , automotive and even OLED drivers , to safeguard the capacity needed for our short - term and long - term business . Naturally , in entering into supply agreements , our strategies toward some applications , notably automotive and OLED , are more aggressive than others . Backed by solid supply agreements , the automotive segment is on track to become our single largest revenue contributor starting 2022 and we will be able to solidify our leading position by further widening the gap with our competitors . Meanwhile , we also seek out similar contractual arrangements with many panel houses and certain leading end customers whereby customers make prepayments or deposits 1