EL7.AI
StocksMedium•5 November 2026•
1 min read

Himax Shares Plunge 30% on Weak Q4 Revenue Outlook and China Auto Chip Slump

Key Facts

1Himax expects fourth-quarter revenue to drop 22% to 26% sequentially from the third quarter.
2The CEO attributed the decline to an abrupt and significant correction in auto chip demand in China.
3Himax shares fell nearly 30% in Thursday trading following the earnings call and guidance update.

Himax shares fell nearly 30% in Thursday trading on November 5, 2026, following a downward revision in the company's financial guidance. The company expects fourth-quarter revenue to drop between 22% and 26% sequentially from the third quarter, according to reporting by The Motley Fool.

The CEO attributed the decline to an abrupt and significant correction in auto chip demand in China following the October holidays. This outlook follows recent economic data showing China's official Manufacturing PMI contracted to 49.3 on October 31, 2026, reflecting broader pressures within the industrial sector.

China is scheduled to release its Inflation Rate and Producer Price Index data on November 9, 2026, followed by trade balance and export figures on November 10, 2026, which may provide further clarity on regional industrial demand trends.