Himax Unveils Expanded WiseEye PalmVein Package at CES 2025, Incorporating Groundbreaking Bimodal Palm and Facial Vein Authentication Technologies for Multimodal Authentication

TAINAN, Taiwan, Dec. 30, 2024 (GLOBE NEWSWIRE) — Himax Technologies (NASDAQ: ), Inc. (Himax or the Company) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced The company will introduce its expanded WiseEye™ PalmVein package at CES 2025, a revolutionary bimodal vein authentication technology palms and face. This game-changing contactless, bi-modal, ultra-low-power biometric authentication is designed to improve user security and ease of use in smart locks. By leveraging multiple personal biometric features for authentication, the newly introduced solution provides unmatched security, seamless adaptability and a robust user experience, ensuring authentication performance in a variety of scenarios and environments.

The Himax WiseEye PalmVein solution, part of the Himax WiseEye module business, integrates the Himax WiseEye2 AI processor, an AoS CMOS sensor and a proven palm vein authentication algorithm. Namely, the Himax PalmVein solution was awarded the PSA Certified Level 2 safety certificate, which ensures that it meets high safety standards. With an ultra-low power consumption, compact plug-and-play design, it can confirm an individual’s identity in less than 100 milliseconds, marking a breakthrough in security technology for battery-powered smart devices. Given that the vein pattern on each person’s palm is as unique as DNA, even in identical twins, it provides a higher level of security compared to conventional fingerprint or facial recognition. Furthermore, it consumes only a few milliwatts of power, making it ideal for on-device battery-powered AI endpoint applications.

Himax WiseEye PalmVein offers superior accuracy and robust liveness detection, significantly reducing spoofing and fraud, with a FAR (False Acceptance Rate) of 1 in 1,000,000 and a FRR (False Rejection Rate) below 1%. This ensures reliable performance regardless of challenges such as age, fingerprint quality, height or lighting, which typically affect other authentication methods such as vision and fingerprint-based systems. Additionally, PalmVein authentication offers a contactless, hygienic experience that quickly verifies identification in less than 100 milliseconds. Its industry-leading ultra-low power performance extends battery life to over 9 months with just 8 AA batteries, even with regular daily use in a typical household. Since its debut in early 2024, Himax’s WiseEye PalmVein technology has quickly attracted significant customer interest and has been adopted by a US customer for smart access control systems, and mass production is underway.

During CES, Himax will present a live demo of the extended WiseEye PalmVein package with bimodal authentication, which includes palm and facial vein authentication, carefully designed to meet customer demands for increased flexibility in smart door locks, regardless of environmental conditions. For example, in extreme cold environments where wearing gloves makes palm access control impractical, the system seamlessly adapts to enable facial recognition along with keyboard input, streamlining the two-step authentication process into continuous, reliable and enhanced security. This breakthrough in flexibility and intuitiveness demonstrates Himax’s leadership in biometric authentication technology, offering a versatile and secure solution for modern battery-powered smart door locks. Furthermore, the versatile, plug-and-play characteristics of the WiseEye module simplify the integration of additional personal attributes, unlocking the future potential of multimodal authentication. This capability ensures security and convenience for users, ensuring seamless, flexible access control across a wide range of environments and applications.

A live demonstration of the smart door lock will highlight how bimodal biometric authentication, which includes facial and vein recognition, increases security and convenience for users. Don’t miss the opportunity to experience our revolutionary biometrics at our booth at The Venetian Las Vegas Hotel (3355 Las Vegas Boulevard S, Las Vegas, Nevada, USA) Venetian Tower Suite 34-208. To schedule a meeting or a booth tour, please contact Himax at: Himax_CES2025@himax.com.tw.

About Himax Technologies, Inc.

Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global provider of fabless semiconductor solutions dedicated to display image processing technologies. The company’s display driver ICs and timing controllers have been adopted in a wide range of industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automobiles, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the company offers innovative and comprehensive automotive IC solutions, including traditional drivers, advanced in-cell touch and display driver integration (TDDI), Local Dimming Tcon controllers, large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and fields related to optical technology. The company’s flagship WiseEye™ Ultralow Power AI Sensing technology, which includes Himax’s proprietary ultralow power AI processor, an always-on CMOS image sensor and a CNN-based AI algorithm, has been widely applied in consumer electronics and AIoT-related applications. Himax optical technologies, such as wafer-level diffraction optics, LCoS microdisplays and 3D sensing solutions, are key to facilitating new AR/VR/metaverse technologies. Additionally, Himax designs and offers touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for a diverse coverage of display applications. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs approximately 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei, and offices in China, Korea, Japan, Germany and the US. Himax has 2,683 granted patents and 390 pending patents worldwide as of September 30, 2024.

http://www.himax.com.tw

Forward-looking statements

Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s operations; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of driver and non-driver products developed by the Company; demand for end-use products; reliance on a small group of major customers; uncertainty of continued success in technological innovation; our ability to develop and protect our intellectual property; price pressure including a decline in average selling prices; changes in customer ordering patterns; changes in the estimated effective tax rate for the entire year; lack of supply of key components; changes in laws and regulations on environmental protection; changes in the export license regulated by the Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect receivables and manage inventory and other risks described from time to time in the Company’s filings with the SEC, including those risks identified in the section entitled “Risk Factors” on Form 20-F for the year ended December 31, 2023 with the SEC -om, as it can be modified.

Company contacts:

Eric Li, Chief IR/PR Officer
Himax Technologies, Inc.
Phone: +886-6-505-0880
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw

Karen Tiao, Investor Relations
Himax Technologies, Inc.
Phone: +886-2-2370-3999
Fax: +886-2-2314-0877
Email: hx_ir@himax.com.tw
www.himax.com.tw

Mark Schwalenberg, director
Investor Relations – US Representative
MZ North America
Phone: +1-312-261-6430
Email: HIMX@mzgroup.us
www.mzgroup.us

Source: Himax Technologies, Inc.