Himax Launches Palm Vein Biometric Technology in Smart Locks
On August 18, Himax Technologies (NASDAQ:HIMX) announced its WiseEye palm vein biometric technology is now used by WAFERLOCK Corporation's new smart lock model L322. This innovation allows for secure access without relying on fingerprints or facial recognition and works even with wet or dirty hands. The launch follows a strong second-quarter performance, where Himax exceeded revenue, margin, and profit guidance. WiseEye is an ultralow-power AI platform that processes biometric data locally rather than in the cloud, addressing privacy concerns for smart locks. The technology has received TÜV Rheinland verification and complies with GDPR standards. Beyond smart locks, Himax sees potential applications in workforce management, computer monitors, and office equipment. Automotive remains a core growth area for Himax, accounting for over half of its revenue last quarter. The company expects double-digit annual sales growth as automakers increase screen sizes and resolutions inside vehicles.
Tickers: $HIMX
Topics: Himax palm vein biometric technology smart locks WiseEye