Pixelworks Reports First Quarter 2021 Financial Results
Achieves Record Mobile Revenue, Increasing 91% Sequentially and 58% Year-over-Year to 44% of Total Revenue
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SAN JOSE, Calif., May 4, 2021 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the first quarter ended March 31, 2021.
First Quarter and Recent Highlights
Mobile revenue increased sequentially for the third consecutive quarter, driven by growing adoption of Pixelworks' visual processing solutions in newly launched smartphones
OnePlus 9 Pro smartphone launched with X5 Pro visual processor, leveraging Pixelworks dual MotionEngine®, color calibration, flesh tone management and adaptive display technologies