Shares of Lam Research Corporation (NASDAQ:LRCX) ended Friday session in red amid volatile trading. The shares closed down -2.39 points or -2.55% at $91.18 with 160.26 million shares getting traded. Post opening the session at $92.64 the shares hit an intraday low of $91.05 and an intraday high of $92.92 and the price vacillated in this range throughout the day. The company has a market cap of $14.24billion and the numbers of outstanding shares have been calculated to be 160.26 million shares.
Lam Research Corporation (LRCX) on Sept. 7, 2016 announced that it is expanding its atomic layer etching (ALE) portfolio with the addition of ALE capability on its Flex (TM) dielectric etch systems. Enabled by Lam’s Advanced Mixed Mode Pulsing (AMMP) technology, the new ALE process has demonstrated the atomic-level control needed to address key challenges in scaling logic devices to 10 nm and below. First in the industry to use plasma-enhanced ALE in production for dielectric films, the latest Flex system has been adopted as tool of record for high-volume manufacturing of logic devices.
“From transistor and contact creation to interconnect patterning, a new level of precision is needed by logic manufacturers to continue scaling beyond the 10 nm technology node,” said Vahid Vahedi, group vice president, Etch Product Group. “For device-enabling applications like self-aligned contacts, where etch helps create critical structures, conventional technologies do not provide sufficient control for the stringent specifications now demanded. Our latest Flex product with dielectric ALE delivers atomic-scale control with proven productivity to meet customers’ key requirements.”
Shares of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) ended Friday session in red amid volatile trading. The shares closed down -0.32 points or -3.08% at $10.06 with 343.82 million shares getting traded. Post opening the session at $10.35 the shares hit an intraday low of $9.95 and an intraday high of $10.38 and the price vacillated in this range throughout the day. The company has a market cap of $1.68 billion and the numbers of outstanding shares have been calculated to be 343.82 million shares.
Himax Technologies, Inc. (ADR) (HIMX) on Sept. 08, 2016 co-announced a partnership with NUVIZ, Inc. to develop a head-up display (“HUD”) product. With headquarter in San Diego, USA and research team in Finland, NUVIZ is mostly well-known in the industry as a leading HUD provider for motorcycle helmets. Dedicating in the HUD sector for over 3 years, NUVIZ has developed groundbreaking wearable products utilized by the motorcycling business. Under the partnership, NUVIZ will incorporate Himax’s LCOS microdisplays into its flagship product, the first connected HUD for any motorcycle helmet. Himax’s LCOS manufacturing facility is currently shipping NUVIZ’s customized displays for assembly in preparation of the company’s pending product launch in the second half of 2016.
Himax’s LCOS microdisplay technology is the leading application for HUD and Augmented Reality (AR) devices. Its reflective LCOS display provides bright, high-definition imaging and low-power consumption for a variety of AR and HUD applications. Himax’s LCOS technology is also preferred for its durability and resistance to elements, particularly for exterior use such as NUVIZ’s model. NUVIZ is one of the 30-plus customer brand leaders with whom Himax is currently working and includes leading multinationals in a wide variety of industries such as software, gaming, search, mobile, social media, military, automotive, wearable, and toy.
“We are pleased to be part of another HUD product launch and believe NUVIZ has designed an excellent application warranting high adoption rates by their target customers,” began Jordan Wu, President and CEO of Himax Technologies. “Our LCOS team is currently working with dozens of companies and product designs set to launch in the coming months, and many more for the years ahead. After more than a decade of development of our LCOS display technologies, we believe it is the superior product for HUD applications for motorcyclists and automobiles and variety of other applications. Our LCOS solution has set the standard in the wearable marketplace which is leading us into an exciting new phase of our growth.”