SAN JOSE, Calif., Oct. 26, 2020 /PRNewswire/ -- Pixelworks,
Inc. (NASDAQ: PXLW), a leading provider of innovative video and
display processing solutions, today announced the appointment of
Dr. Alan Zhou as Executive Vice
President and President of Pixelworks China, to oversee the
Company's ongoing expansion in Asia. Dr. Zhou is an accomplished senior
executive with more than 30 years of experience as a visionary
in mobile wireless communications, having held numerous technical
and management executive positions at both start-ups and global
companies such as Qualcomm, Agere Systems, Lucent Technologies and
AT&T Bell Labs.
Dr. Zhou most recently served as Managing Partner of An Xin
Capital, LLP, a billion dollar Chinese-based private equity firm
focused on global semiconductor M&A investment. During his
career, he has founded or co-founded several companies, including
MEMS Inc. (IPO on NASDAQ), Top Global USA (acquired) and Bellnet Technologies.
Previously, as Vice President of China
Sales at Qualcomm, Dr. Zhou was responsible for all
smartphone chipset business and Qualcomm's customer design wins in
China. While in the role, his team
delivered over $3B in revenue (40% of
total revenue) and over 150M units of
smartphone chipsets per year. Earlier, while working for AT&T
Bell Labs, Lucent Microelectronics and Agere Systems as
Managing Director in China, he
established the first communications IC design center and launched
the first GSM handset reference design to a dozen leading
communications and consumer electronic companies. Dr. Zhou received
his Ph.D. and Masters of Science degrees in Electrical Engineering
and Computer Science from MIT with over
30 patents granted.
"I am pleased to join Pixelworks, a company with highly regarded
fundamental technology and competencies that enable many products
shaping the daily lives of millions of end users. I look forward to
working with the Company's very talented team to make Pixelworks a
recognized name across China and the broader Asia region," said Dr, Zhou. "With the
Company's growing strategic focus on serving 5G-driven demand for
advanced imaging technologies in China, I intend to help drive successful and
expanded engagements with OEM customers across multiple device
tiers and subsegments within the mobile market."
"Alan is a significant addition to Pixelworks' organization and
brings extensive China-based leadership experience to our executive
management team," stated Todd
DeBonis, President and CEO of Pixelworks. "His appointment
represents an important next step, as we continue to cultivate and
advance a growing number of customers and strategic opportunities
in China. In addition to
supporting expanded engagements with customers, he will spearhead
our strategic initiatives to strengthen the prominence of
Pixelworks' technology and brand recognition throughout the
Asia region. I look forward to
Alan's contributions to the Company's future success, as we seek to
capitalize on the meaningful long-term growth opportunities for
Pixelworks' industry-leading visual and display quality
solutions."
About Pixelworks
Pixelworks 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.
Note: Pixelworks and the Pixelworks logo are registered
trademarks of Pixelworks, Inc.
Safe Harbor Statement
This release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements may
be identified by use of terms such as "begin," "continue," "will,"
"expect", "believe," "anticipate" and similar terms or the negative
of such terms, and include, without limitation, statements about
the Company's mobile initiatives and anticipated growth in business
and customers in China. All
statements other than statements of historical fact are
forward-looking statements for purposes of this release. Such
statements are based on management's current expectations,
estimates and projections about the Company's business. These
statements are not guarantees of future performance and involve
numerous risks, uncertainties and assumptions that are difficult to
predict. Actual results could vary materially from those contained
in forward looking statements due to many factors, including,
without limitation: our ability to execute on our strategy;
competitive factors; the success of our products in expanded
markets; current global economic challenges; changes in the digital
display and projection markets; seasonality in the consumer
electronics market; our efforts to achieve profitability from
operations; our limited financial resources and our ability to
attract and retain key personnel. More information regarding
potential factors that could affect the Company's financial results
and could cause actual results to differ materially from those
discussed in the forward-looking statements is included from time
to time in the Company's Securities and Exchange Commission
filings, including its Annual Report on Form 10-K for the year
ended December 31, 2019 as well as
subsequent SEC filings. The forward-looking statements contained in
this release are as of the date of this release, and the Company
does not undertake any obligation to update any such statements,
whether as a result of new information, future events or
otherwise.
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SOURCE Pixelworks, Inc.