Boston, MA 10/07/2013 (wallstreetpr) – In Friday’s trading, Pixelworks, Inc. (NASDAQ:PXLW) dropped by 5.70%. The opening price of the shares was $4.78, which climbed to an intraday high of $5.05 and dipped to a close of $5.01. Approximately 1.44 million shares were traded on Friday while an average volume of 0.420 million shares traded. The 52-week low shares are at $2.11 and its 52-week high is $5.30. The company has a market capitalization of $94.39 million.
About the company
Pixelworks, Inc. (NASDAQ:PXLW) was incorporated on 16 January 1997. The company is engaged in designing, developing and marketing pixel processing and video software and semiconductors that are used in various digital video applications. Projection devices and digital display devices’ manufacturers use the company’s solutions in the manufacture of their company’s products such as digital front projectors and flat panel, large screen televisions. These companies are able to manufacture their products with an enhanced level of video quality irrespective of what the format or the source of the content may be. The architecture that has been designed by Pixelworks, Inc. (NASDAQ:PXLW) enables companies to create technology that produces excellent image quality and a range of IC’s are used for this purpose. The IC’s integrate micro-processor, memory and image-processing functions. Apart from this, it provides complete solutions, such as a software-development environment and operating-system. These allow customers to customize and develop their display-products. Resultantly it reduces their time to market and allows them to incorporate various functions and features.
ImageProcessor ICs
Pixelworks, Inc. (NASDAQ:PXLW) ICs include different kinds of embedded microprocessors, digital signal-processing technology as well as software that controls the operations and the signal processing within numerous display systems, like projectors as well as high-resolution flat-panels. Apart from this, it provides a software-development environment and an operating system that allows its customers to develop as well as customize the feel and look of their products.
