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.
On April 26, 2023, Pixelworks (NASDAQ: PXLW) announced its visual processing technology is integrated into flagship smartphones, including the HONOR Magic5 Pro and OnePlus 11. The HONOR Magic5 Pro scored 151 on the DXOMARK display test, the highest globally, demonstrating excellent color accuracy and brightness. The OnePlus 11 offers a 120fps gaming experience on over 100 titles, enhancing mobile gaming quality. Pixelworks aims to provide immersive visual experiences while balancing performance and power consumption. This collaboration with major smartphone brands underscores Pixelworks' commitment to delivering cutting-edge display solutions, enhancing user experiences across various devices.
Pixelworks, Inc. (NASDAQ: PXLW) announced it will release its first quarter 2023 financial results on May 9, 2023, after market close. The scheduled conference call will take place at 2:00 p.m. Pacific Time, featuring insights from Todd DeBonis, President and CEO, and Haley Aman, CFO. Investors can join the call via a live webcast or dial-in. Pixelworks specializes in video and display processing solutions, boasting over 20 years of experience in enhancing viewing experiences across various platforms. The call will discuss the fiscal performance, providing key metrics that could impact investor decisions.
On April 13, 2023, Pixelworks (NASDAQ: PXLW) announced its visual processing technology integration with the newly launched ASUS ROG Phone 7 Series. This collaboration enhances smartphone display quality through features like Always-on HDR, HDR Enhancement, and Professional Color Calibration. The ROG Phone 7 boasts a 6.78-inch AMOLED screen, 2448×1080 resolution, and peak brightness of 1,500 nits, supporting up to 165 Hz refresh rates. Key enhancements provide a native SDR to HDR conversion, improved color accuracy with a delta-E of less than 1, and eye comfort via DC Dimming. Pixelworks aims to deliver superior viewing experiences while maintaining strong core performance in gaming and media consumption.
On March 6, 2023, Pixelworks (NASDAQ: PXLW) announced its advanced X5 Plus visual processor's integration into the new HONOR Magic5 series smartphones, including Magic5 Pro and Magic5 Ultimate. These smartphones feature enhanced visual performance through technologies like MotionEngine®, ensuring smooth motion for video and gaming, Always-HDR mode for improved color and detail, and professional color calibration. The devices utilize Qualcomm's Snapdragon® 8 Gen 2 Mobile Platform and are designed to provide users with an immersive visual experience. The collaboration aims to solidify Pixelworks' position in the competitive smartphone market.
Pixelworks (NASDAQ: PXLW), a leader in video and display processing solutions, will participate in the 35th Annual ROTH Conference on March 13, 2023, at the Ritz Carlton-Laguna Niguel Hotel, Dana Point, CA. Management will meet with investors throughout the day. Portfolio managers and analysts seeking to meet Pixelworks management can contact their ROTH Capital Partners representative.
Pixelworks has a 20-year history of delivering innovative image processing technology, enhancing viewing experiences across various platforms, from cinema to smartphones.
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