Pixelworks Inc
NASDAQ:PXLW
Pixelworks Inc
Pixelworks, Inc. engages in the design and development of integrated circuits used in electronic display devices. The company is headquartered in Portland, Oregon and currently employs 217 full-time employees. The company went IPO on 2000-05-19. The firm develops and markets semiconductor and software solutions that enable quality viewing experiences in a variety of applications from cinema to smartphones. The firm's primary target markets include mobile, including smartphone, gaming and tablet; home entertainment, including television, personal video recorder (PVR), over-the-air (OTA) and projector; content, including creation, remastering and delivery; and business and education, including projector. Its core video display processing technologies include MotionEngine Motion Estimation and Motion Compensation (MEMC), artificial intelligence (AI) Based Display Processing, Advanced Scaling, Mobile Video Display Processing and others. The Company’s products and solutions include Visual processors and software, XCode transcoding solutions and visual processors, TrueCut platform for content creators/video providers and Visual processors.
Pixelworks, Inc. engages in the design and development of integrated circuits used in electronic display devices. The company is headquartered in Portland, Oregon and currently employs 217 full-time employees. The company went IPO on 2000-05-19. The firm develops and markets semiconductor and software solutions that enable quality viewing experiences in a variety of applications from cinema to smartphones. The firm's primary target markets include mobile, including smartphone, gaming and tablet; home entertainment, including television, personal video recorder (PVR), over-the-air (OTA) and projector; content, including creation, remastering and delivery; and business and education, including projector. Its core video display processing technologies include MotionEngine Motion Estimation and Motion Compensation (MEMC), artificial intelligence (AI) Based Display Processing, Advanced Scaling, Mobile Video Display Processing and others. The Company’s products and solutions include Visual processors and software, XCode transcoding solutions and visual processors, TrueCut platform for content creators/video providers and Visual processors.
Revenue Growth: Q3 revenue was $8.8 million, up 6% sequentially, driven by gains in both home/enterprise and mobile markets.
Cost Control: Operating expenses fell both sequentially and year-over-year, reflecting ongoing cost reduction efforts.
Shanghai Divestiture: Pixelworks signed a deal to sell its Shanghai subsidiary, expecting $50–60 million in net cash proceeds, unlocking value and reducing obligations.
Business Transformation: The company will shift to a pure-play technology licensing model focused on cinematic visualization, anchored by its TrueCut Motion platform.
TrueCut Progress: Management highlighted growing industry adoption, new theatrical releases using TrueCut Motion, and approaching a deal with a strategic partner for broader device licensing.
Financial Flexibility: Cash balance as of October 31, 2025 was $22 million, bolstered by a recent offering and patent sales.
