Welcome to our dedicated page for Pixelworks news (Ticker: PXLW), a resource for investors and traders seeking the latest updates and insights on Pixelworks stock.
Pixelworks Inc. (NASDAQ: PXLW) is a pioneering fabless semiconductor company renowned for its innovative video and pixel processing chips and software, specifically tailored for high-end display applications such as digital projection and large screen LCD flat panels. Leveraging proprietary core technologies, Pixelworks empowers digital display and projection device manufacturers to distinguish their products with consistent, superior video quality, irrespective of the content’s source or format.
Pixelworks provides advanced visual processing semiconductor and software solutions that enable authentic and high-quality viewing experiences across various applications. The company's primary markets include:
- Mobile: Smartphones and tablets
- Home and Enterprise: Projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices
- Cinema: Creation, remastering, and delivery of digital video content
Operating in the segment of designing, developing, marketing, and selling integrated circuit (IC) solutions for electronic display devices, Pixelworks generates revenue mainly from the Mobile market and the Home and Enterprise market, with a significant portion of its earnings coming from China.
Recent achievements highlight Pixelworks' continuous innovation and market influence:
In January 2024, Pixelworks announced its collaboration with Walt Disney Studios to bring TrueCut Motion™ graded titles to select home entertainment devices, ensuring an unparalleled cinematic motion experience. This partnership enables filmmakers to maintain creative integrity by eliminating motion playback anomalies while preserving the intended look and feel of the source content.
In February 2024, the company revealed its financial results for Q4 and fiscal 2023, showcasing solid revenue and an optimistic outlook for the upcoming fiscal year. A key highlight was the presentation of the film Argylle in the TrueCut Motion™ format, indicating the technology's growing adoption among premium filmmakers.
Pixelworks' TrueCut Motion™ technology, an award-winning post-production platform, allows filmmakers to fine-tune motion looks on a scene-by-scene basis, enhancing the visual storytelling experience. This technology ensures consistent delivery of the director's creative intent, whether viewed in cinemas or home theaters.
In March 2024, DreamWorks Animation announced the release of Kung Fu Panda 4 in select theaters using Pixelworks' TrueCut Motion™ format, further establishing the company's role in enhancing cinematic experiences.
Pixelworks' financial health remains robust, with a focus on operational execution and strategic market expansion. Despite the dynamic smartphone market in China, the company continues to drive growth through new product initiatives and broader ecosystem engagements, aiming to expand its addressable market and long-term growth potential.
For more information on Pixelworks, visit their website.
Pixelworks, Inc. (NASDAQ: PXLW) will announce its third quarter 2021 financial results on November 9, 2021, after market close. CEO Todd DeBonis and CFO Elias Nader will lead a conference call on the same day at 2:00 p.m. Pacific Time. Investors can join the call via phone or through a live audio webcast available on the company's website, which will be archived for 90 days. The company specializes in video and display processing solutions, providing high-quality viewing experiences across various screens.
Pixelworks, Inc. (NASDAQ: PXLW), a leader in video and display processing solutions, announced its participation in two virtual investor conferences. The first is the Jefferies Semiconductor, IT Hardware & Communications Infrastructure Summit on August 31, 2021, and the second is the Colliers Institutional Investor Conference on September 9, 2021. Portfolio managers and analysts can schedule meetings with Pixelworks management through their sales representatives. With over 20 years of experience, Pixelworks enhances visual quality across various screens. For more information, visit www.pixelworks.com.
Pixelworks (NASDAQ: PXLW) has announced that the new iQOO 8 series smartphones by vivo incorporate its advanced X5 Pro visual processor, enhancing display performance. The iQOO 8 features a flat AMOLED screen with a 120 Hz refresh rate, while the Pro variant boasts a 6.783" AMOLED display with a 1440 x 3200 resolution and variable frame rates. The collaboration promises high-fidelity visuals and exceptional gaming experiences. Notably, the series received a record A+ grade from DisplayMate.
Pixelworks, Inc. (NASDAQ: PXLW) reported strong financial results for Q2 2021, with revenue of $14.1 million, up over 50% year-over-year and sequentially. Mobile revenue reached record levels due to increased adoption of visual processing solutions. Projector revenue doubled sequentially and grew 30% year-over-year. The company announced a strategic transformation of its Shanghai subsidiary into a profit center and aims for an IPO on China's STAR Market by mid-2023. Despite a GAAP net loss of $4.4 million, the gross margin improved to 50.6%.
Pixelworks, Inc. (NASDAQ: PXLW) will announce its second quarter 2021 financial results on August 10, 2021, after market close. A conference call will be hosted by Todd DeBonis, President and CEO, and Elias Nader, CFO, at 2:00 p.m. Pacific Time. Analysts and investors can join via 1-877-359-9508 (international: +1-224-357-2393) with Conference ID 5398425. A live audio webcast will also be available on the company's website. Pixelworks specializes in video and display processing solutions, providing high-quality viewing experiences across various platforms.
Pixelworks (NASDAQ: PXLW) announced its participation in two virtual investor conferences. The 16th Annual Needham Technology & Media Conference is scheduled for May 17, 2021, while the 18th Annual Craig-Hallum Institutional Investor Conference will occur on June 2, 2021. Portfolio managers and analysts can engage with Pixelworks management by contacting their sales representatives. Pixelworks specializes in video delivery and display processing solutions, aiming to enhance viewing experiences across various devices, backed by over 20 years of industry experience.
Pixelworks (NASDAQ: PXLW) announced that its advanced display technologies are integrated into the newly launched ASUS Zenfone 8 series on May 12, 2021. The series features enhanced color calibration, DC Dimming, and HDR tone mapping for an immersive viewing experience. The Zenfone 8 boasts a 5.9" display with 120 Hz refresh rate, while the 8 Flip has a 6.67" OLED display with a 90 Hz refresh rate. This collaboration underscores the strong partnership between Pixelworks and ASUS, enabling superior visual quality and user engagement.
Pixelworks, Inc. (PXLW) announced financial results for Q1 2021, reporting revenue of $9.3 million, a decline from $13.8 million in Q1 2020. Mobile revenue rose, constituting 44% of total revenue, driven by the adoption of visual processing solutions in new smartphones. However, the company recorded a net loss of $8.1 million, with gross margins decreasing to 40.2%. The outlook suggests potential growth in the projector market despite ongoing semiconductor supply constraints. A conference call will provide further guidance and insights on upcoming expectations.
Pixelworks, Inc. (NASDAQ: PXLW) will release its first quarter 2021 financial results on May 4, 2021, after market close. The company will hold a conference call at 2:00 p.m. Pacific Time to discuss these results, led by CEO Todd DeBonis and CFO Elias Nader. Analysts and investors can access the call using provided numbers or through a live audio webcast, which will be archived for 90 days. The company specializes in innovative video processing solutions and has a strong reputation in the industry, catering to various display technologies.
Pixelworks (PXLW) announced that the TCL 20 Pro 5G smartphone, launched on April 14, 2021, features the Pixelworks i6 processor, which includes the industry's first AI engine for visual processing. The device received an overall display score of 89 from DXOMARK, positioning it among the top performers in the smartphone market. The i6 processor optimizes image quality using AI, supports HDR certification from major streaming services, and features advanced color calibration, enhancing user experience with superior visuals while maintaining energy efficiency.
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