Pixelworks Stock Price, News & Analysis

Pixelworks, Inc. (NASDAQ: PXLW) announced a collaboration with TCL to integrate its TrueCut® Motion platform into TCL televisions in North America. This partnership aims to enhance picture quality by optimizing motion display, offering filmmakers tools to ensure their work is accurately visualized across various devices. TrueCut Motion addresses long-standing motion quality challenges, providing a seamless viewing experience without user adjustments. Both companies aim to revolutionize motion display, thereby enhancing consumer satisfaction and expanding market opportunities.

Pixelworks (NASDAQ: PXLW) announced that the newly launched iQOO Neo5S smartphone features their upgraded X5 Pro visual processor. The phone boasts a 6.62" AMOLED screen with a resolution of 1080 x 2400 pixels, 120 Hz refresh rate, and 1300 nits peak brightness. Key enhancements include MotionEngine technology for smoother gaming, Always-HDR mode for rich visuals, and factory-tuned Absolute Color Accuracy for perfect color reproduction. This collaboration aims to elevate the visual experience for gamers, solidifying Pixelworks' role in premium smartphone display technology.

Pixelworks, Inc. (NASDAQ: PXLW) has launched TrueCut® Motion, an innovative end-to-end platform for motion imaging. This solution enables filmmakers to control how motion is visualized in films, enhancing the viewing experience across all screens. TrueCut Motion includes advanced mastering tools, new content delivery formats, and a device certification program aimed at ensuring consistent, filmmaker-approved presentations. Acknowledged with industry awards, the platform is expected to resolve long-standing issues in motion integrity, particularly with high-resolution displays.

Pixelworks, Inc. (Nasdaq: PXLW) has announced an independent software vendor agreement with MediaTek to enhance visual display processing for 5G smartphones. This collaboration focuses on leveraging MediaTek's Dimensity 5G Open Resource Architecture to improve mobile product displays. Pixelworks aims to extend its visual technology reach, enhancing user experiences for gaming and multimedia. The partnership also emphasizes the launch of Pixelworks' Pro Software to boost display performance through advanced algorithms, ensuring accurate color reproduction across applications.

Pixelworks announced that its color and brightness calibration technology is featured in OPPO's new foldable smartphone, the Find N. This device boasts a 7.1-inch folding display with 120Hz refresh rate and high resolution. Pixelworks' technology enables superior color accuracy with an average Delta E value under 1, professional brightness calibration, and advanced low brightness color correction. The Find N, combining qualities of both a phone and tablet, will be available from December 23, 2021. This partnership emphasizes Pixelworks' role in enhancing visual experience in cutting-edge devices.

Pixelworks (NASDAQ: PXLW) announced the launch of its seventh generation mobile visual processor, the X7, during a product event in Shenzhen on November 17, 2021. Designed for mobile gaming, the X7 enhances video quality and supports refresh rates of up to 180Hz for FHD+ and 144Hz for WQHD+ resolutions. Key features include Ultra-low Latency MotionEngine® Technology, Low Power Super-Resolution, and AI Always-On HDR. The processor is expected to enter commercial production in Q1 2022, targeting the growing demand for high-quality mobile gaming experiences.

Pixelworks (NASDAQ: PXLW) reported Q3 2021 financial results showing a revenue increase to $15.2 million, up from $14.1 million in Q2 and $8.2 million year-over-year. Mobile revenue reached record levels, growing nearly 3.5x YoY, with expanded adoption of visual processing solutions. Gross margin improved to 52.5%, and operating expenses remained stable. The company ended the quarter with $66.6 million in cash following a successful capital raise of approximately $40 million. Despite a GAAP net loss of $4.1 million, the outlook indicates strong bookings and growth potential in mobile and projector markets.

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.