Thursday, May 2, 2013

Google glass ( HIMX )

http://www.slate.com/articles/technology/future_tense/2013/04/google_glass_terms_of_service_restrictions_on_resale_are_bad_for_consumers.html
Google Glass and the Demise of Ownership

谷歌眼鏡一年後上市,南韓科技迷恐難使用地圖資訊
http://seekingalpha.com/article/1352021-google-glass-why-it-could-hurt-google-stock?source=feed
Google Glass - Why It Could Hurt Google Stock

Sony Might Defeat Google Glass

Augmented Reality: How To Profit From This New Market Darling

 Just search "google glass" on youtube.com. Other companies on board the AR train include Qualcomm, Inc. (QCOM) and Nokia Corporation (NOK) that has entered the arena with smaller AR projects now on the market. Some of the big boys like Apple, Inc. (AAPL), which has a patent for a Video Telephonic Headset, and Microsoft Corporation (MSFT), which is exploring the design ofaugmented reality lenses to be used in facial recognition applications for police and military agencies, are recognizing the huge potential in AR.

Microsoft Eyes Augmented Reality
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Himax Technologies Is A Small Cap With Big Potential
As you can see by the company's financials below, they experienced nice revenue growth in 2012 after 3 years of moving towards that goal. Analyst estimates show this trend continuing on double digit pace over the next fiscal year. One of the things I really like about this company is their free cash flow, because the ability to fund projects without increasing debt is a big plus for any firm. They have been able to minimize capital expenditures and it shows in their Cash-to-Debt ratio, which sits just slightly above 2:1.
(click to enlarge)HIMX Financials
Below I have also included Himax's Income Statement. Note the 14% increase in revenue between 2011 and 2012, as well as the projected 11% increase for FY 2013.
(click to enlarge)HIMX Income Statement


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