Himax and Qualcomm Team Up to Tap the 3D Sensing Opportunity

Himax and Qualcomm Team Up to Tap the 3D Sensing Opportunity

There's been a lot of hype about Himax Technologies' (NASDAQ: HIMX) expertise in 3D sensing, which is used to power augmented reality (AR) applications. The chipmaker claims that it is getting a lot of interest for the technology from several smartphone customers, with rumors suggesting that it could be powering the AR capabilities in Apple's new iPhone.

Himax has now made a big move toward its dream of tapping the 3D sensing opportunity by partnering with Qualcomm (NASDAQ: QCOM). The two companies plan to develop 3D sensing solutions for a variety of applications such as smartphones and automobiles. Let's take a look at how the venture could be beneficial for both companies.

Image Source: Qualcomm 

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Source: Fool.com