Pixelworks Stock Price, News & Analysis

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.

On April 8, 2021, Pixelworks (NASDAQ: PXLW) announced that its i6 processor will power the Lenovo Legion Phone Duel 2, Lenovo's first gaming smartphone featuring advanced visual processing technology. This collaboration aims to enhance mobile gaming and video experiences with capabilities like real-time SDR-to-HDR conversion and HDR10/10+ tone mapping. The phone's display boasts a 144 Hz refresh rate and delivers up to 100X contrast and 60X color depth improvements. The product is set to launch in mid-April in China and select markets in May.

Pixelworks (PXLW) has partnered with OnePlus to enhance the OnePlus 9 Pro smartphone, featuring the advanced Pixelworks X5 Pro visual processor. This processor brings unique MotionEngine technology optimized for high refresh rates, supporting up to 120 Hz. The OnePlus 9 series also includes patented color calibration technology, delivering superior display quality. The OnePlus 9 Pro boasts a 6.7" Fluid LTPO AMOLED display and a 48 MP Hasselblad camera. This collaboration aims to set new standards in smartphone visual performance.

Pixelworks, Inc. (NASDAQ: PXLW) announced the launch of the iQOO Neo5 smartphone in China, featuring the Pixelworks X5 Pro processor, enhancing mobile gaming with ultra-premium display performance. This collaboration aims to improve gaming experiences through optimized motion, color, and clarity, achieving 120 fps gameplay while reducing power consumption by up to 30%. Key features include patented MotionEngine technology for smoother gameplay and Always-HDR mode for enhanced visuals.

On March 11, 2021, Pixelworks (NASDAQ: PXLW) announced a partnership with OPPO, integrating its advanced video and display processing technology into the OPPO Find X3 series smartphones. This collaboration aims to enhance display performance, featuring superior color accuracy with an average JNCD of 0.4. The smartphones are calibrated using Pixelworks' patented technology, ensuring true-to-life color reproduction across applications. The Find X3 series will be available in Mainland China on March 19 and in Western Europe on March 30, 2021.

Pixelworks announced that the ASUS ROG Phone 5 series is the first to utilize the new Pixelworks i6 processor, featuring an AI engine for enhanced video and gaming experiences. This includes AI-driven SDR-to-HDR conversion, HDR10 certification, and patented color calibration for superior color reproduction. The smartphone boasts a 6.78" AMOLED display with a 144 Hz refresh rate. Pixelworks continues its partnership with ASUS to elevate mobile gaming visuals, aiming to deliver true-to-life experiences for users. The ROG Phone 5 series was officially launched on March 10, 2021.

Pixelworks, Inc. (NASDAQ: PXLW) announced its participation in two upcoming virtual financial conferences. The Loop Capital Markets Consumer, Industrials and TMT Conference will take place on March 11, 2021, followed by the 33rd Annual ROTH Conference on March 16, 2021. Portfolio managers and analysts are invited to schedule meetings with Pixelworks management through their sales representatives at the hosting firms.

With over 20 years in the industry, Pixelworks specializes in video delivery and display processing solutions, offering superior viewing experiences.

Pixelworks, Inc. (NASDAQ: PXLW) reported Q4 2020 revenue of $9.6 million, an 18% increase sequentially but a drop from $16.0 million in Q4 2019. Mobile revenue surged 49% sequentially. The company closed a private placement and public offering, raising $18.9 million, ending the quarter with $31.5 million in cash and no long-term debt. The GAAP net loss was $6.4 million or ($0.15) per share, compared to a loss of $4.5 million in Q4 2019. Pixelworks anticipates doubling mobile model launches in 2021 amid improving demand.