PXLW - PiPixelworks and TCL sign multi-year collaboration agreement for smartphones

Pixelworks (PXLW) and TCL sign a new multi-year collaboration agreement to leverage Pixelworks display innovations in future smartphone models across a wider range of price points.TCL aims to build on its decades of experience as a display manufacturer by advancing the performance of its future NXTVISION displays with current and next-generation visual processors and technologies from Pixelworks. More details to follow at the upcoming CES 2021 show in January."The combination of TCL's NXTVISION technology and Pixelworks' advanced visual processing solutions will put affordable, premium cinematic experiences in the hands of more smartphone consumers, enhancing the kinds of immersive video and gaming that are becoming more widely accessible with 5G," commented Todd DeBonis, President and CEO, Pixelworks.The companies anticipate the initial phone models from this new phase of the collaboration to launch in the first half of 2021.Shares PXLW +10.2% AH.#ICR21

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PiPixelworks and TCL sign multi-year collaboration agreement for smartphones