Pixelworks and OPPO Group Sign Multi-Year Collaboration Agreement
January 13 2020 - 8:00AM
Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of
innovative video and display processing solutions, today announced
that OPPO Group has signed a multi-year collaboration agreement
with the Company to develop advanced display systems for
smartphones, integrating the latest Pixelworks’ visual processor
and software solutions. The collaboration aims to push the
boundaries of high refresh rate displays with key technologies from
Pixelworks that enhance motion appearance, color depth and clarity
of smartphone displays.
With Asia’s mobile operators investing $370 Billion in 5G
through 2025 (one-half of that in China)1, all eyes will be on
advanced displays, as 5G makes premium video and gaming experiences
more widely accessible on smartphones and raises consumer
expectations about visual quality in mobile devices. To meet this
challenge, the agreement calls on the companies to closely
cooperate in a wide range of activities related to display and
visual processing, including integration and technical support,
content optimization with cloud partners as well as long-term
product roadmap collaboration.
“We are excited to be partnering with a market leader like OPPO
to elevate the quality of next-generation smartphone
entertainment,” said Todd DeBonis, President and CEO, Pixelworks.
“Whether re-living moments captured on your camera or escaping
reality through movies or cloud gaming, the combined power of OPPO
Group’s design innovation and Pixelworks’ industry-leading visual
processing solutions will soon bring highly-differentiated big
screen technology to smartphone consumers.”
“It is our pleasure to be working closely with Pixelworks as
OPPO Group companies prepare to shake up the mobile world with
breakthrough imaging advancements that will redefine the standards
of visual quality in smartphones, delivering experiences that are
unforgettably smooth, immersive and authentic as life itself,” said
James Wang, VP, Supply Chain of OPPO.
The companies anticipate the initial phone model from this
collaboration to launch in the first half of 2020.
About PixelworksPixelworks provides
industry-leading content creation, video delivery and display
processing solutions and technology that enable highly authentic
viewing experiences with superior visual quality, across all
screens – from cinema to smartphone and beyond. The Company has a
20-year history of delivering image processing innovation to
leading providers of consumer electronics, professional displays
and video streaming services. Pixelworks is headquartered in San
Jose, CA. For more information, please visit the company’s web site
at www.pixelworks.com.
About OPPO OPPO is a leading global smartphone
brand, dedicated to providing products infused with art and
innovative technology. Based on the brand elements of young,
trend-setting and beauty, OPPO brings consumers delighted
experience of digital life.
Note: Pixelworks and the Pixelworks logo are registered
trademarks of Pixelworks, Inc.
1Source: The Mobile Economy Asia-Pacific, GSMA, June 6, 2019.
Reflects Asian operators’ 5G network investments between
2018-2025.
Pixelworks Investor Contact: Shelton Group
Brett L Perry P: 214-272-0070 E: bperry@sheltongroup.com
Media Contact:Agnes ToanPixelworks, Inc.E:
comms@pixelworks.com
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