Perfect World (company)

Pixelworks Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023

PORTLAND, Ore., Nov. 7, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Revenue in the third quarter of 2023 was $16.0 million, compared to $13.6 million in the second quarter of 2023 and $17.6 million in the third quarter of 2022.
  • Third quarter 2023 GAAP operating expenses were $14.5 million, compared to $12.0 million in the second quarter of 2023 and $13.5 million in the year-ago quarter.
  • On a non-GAAP basis, third quarter 2023 gross profit margin was 43.1%, compared to 40.5% in the second quarter of 2023 and 49.8% in the year-ago quarter.
  • Third quarter 2023 non-GAAP operating expenses were $13.3 million, compared to $10.7 million in the second quarter of 2023 and $12.2 million in the year-ago quarter.

Pixelworks Hosts Inaugural Mobile Visual Computing Event; Unveils Latest X7 Gen 2 Mobile Visual Processor

Retrieved on: 
Thursday, October 19, 2023

SHENZHEN, China, Oct. 19, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today hosted its first Mobile Visual Computing and launch event in Shenzhen, China. The event focused on four fundamental elements of visual performance for mobile devices: technology, product, ecosystem and experience. At the event, Pixelworks also unveiled its X7 Gen 2 visual processor, which is uniquely designed for superior mobile gaming. Building on the success of its X7 product, the Pixelworks X7 Gen 2 processor continues the use of an innovative distributed computing architecture that offloads intensive graphics rendering from the GPU to enable highly immersive gaming and achieve PC-level visual experiences on mobile devices.

Key Points: 
  • At the event, Pixelworks also unveiled its X7 Gen 2 visual processor, which is uniquely designed for superior mobile gaming.
  • The traditional approach to visual processing in mobile devices relies solely on the application processor to deliver both graphics rendering and other critical system-level processing.
  • "The X7 Gen 2 is the latest result of the Company's technology expertise and continuous R&D focusing on mobile visual processing optimization.
  • This belief is fully reflected in the distributed computing architecture and AI-based Super-Resolution enabled by our new X7 Gen 2 visual processor.

Pixelworks and Perfect World Games Collaborate to Enhance Visual Display of "Persona 5: The Phantom X"

Retrieved on: 
Tuesday, August 22, 2023

SHANGHAI, Aug. 22, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced the Persona 5: The Phantom X mobile game released by the global game developer, distributor and operator Perfect World Games, has integrated Pixelworks' Rendering Accelerator SDK to significantly enhance the visual quality for mobile gaming. The SDK serves as a connecting bridge between game content and Pixelworks' X7 visual processor, resulting in the delivery of exceptional 120fps visual quality on mobile devices with low power consumption.

Key Points: 
  • The SDK serves as a connecting bridge between game content and Pixelworks' X7 visual processor, resulting in the delivery of exceptional 120fps visual quality on mobile devices with low power consumption.
  • By interacting with the people around him, he will establish "cooperative" relationships and understand the unknown story behind each character.
  • To further enhance the visual display of P5X on mobile devices, the game development team launched an in-depth technical cooperation with Pixelworks.
  • We are honored that Pixelworks has contributed to reducing the rendering pressure of P5X on Android smartphones and delivering an exceptional 120fps visual experience on mobile devices.

Digital Intelligence Technology: Fuelling Value Creation and Reshaping the Gaming Industry

Retrieved on: 
Monday, July 31, 2023

SHANGHAI, July 31, 2023 /PRNewswire/ -- The 2023 China Digital Entertainment Congress commenced on Thursday alongside ChinaJoy, the country's largest gaming event.

Key Points: 
  • SHANGHAI, July 31, 2023 /PRNewswire/ -- The 2023 China Digital Entertainment Congress commenced on Thursday alongside ChinaJoy, the country's largest gaming event.
  • During his keynote speech, Lu emphasized the rapid development of the Chinese gaming industry, which has greatly benefited from the country's "digitalization" strategies.
  • Specifically, he emphasized the pivotal role of digital intelligence technologies like generative AI in optimizing game content creation and production methods.
  • The gaming industry is driven by technologies like VR, AR, and AI, which inject vitality into the broader economy.

Digital Intelligence Technology: Fuelling Value Creation and Reshaping the Gaming Industry

Retrieved on: 
Monday, July 31, 2023

SHANGHAI, July 31, 2023 /PRNewswire/ -- The 2023 China Digital Entertainment Congress commenced on Thursday alongside ChinaJoy, the country's largest gaming event.

Key Points: 
  • SHANGHAI, July 31, 2023 /PRNewswire/ -- The 2023 China Digital Entertainment Congress commenced on Thursday alongside ChinaJoy, the country's largest gaming event.
  • During his keynote speech, Lu emphasized the rapid development of the Chinese gaming industry, which has greatly benefited from the country's "digitalization" strategies.
  • Specifically, he emphasized the pivotal role of digital intelligence technologies like generative AI in optimizing game content creation and production methods.
  • The gaming industry is driven by technologies like VR, AR, and AI, which inject vitality into the broader economy.

NATE GARRISON JOINS PENSIONMARK FINANCIAL GROUP AS CHIEF INVESTMENT OFFICER

Retrieved on: 
Wednesday, June 28, 2023

SANTA BARBARA, CA, June 28, 2023 (GLOBE NEWSWIRE) -- Pensionmark, A World Company, the financial services division of leading insurance services organization World Insurance Associates LLC, announced today that Nate Garrison has joined as the firm’s new chief investment officer.

Key Points: 
  • SANTA BARBARA, CA, June 28, 2023 (GLOBE NEWSWIRE) -- Pensionmark, A World Company, the financial services division of leading insurance services organization World Insurance Associates LLC, announced today that Nate Garrison has joined as the firm’s new chief investment officer.
  • In this role, Garrison will lead all investment strategy, research and communication activities for all Pensionmark financial services companies.
  • Garrison comes to Pensionmark from Cambridge Investment Research where he was most recently the assistant vice president of Advisory Solutions.
  • He also holds designations for Chartered Financial Analyst, Chartered Alternative Investment Analyst, Financial Risk Manager and Certificate in Investment Performance Measurement, as well as FINRA Series 3, 7, 24, 63 and 66 registrations.

JONATHAN CURLEY JOINS PENSIONMARK FINANCIAL GROUP AS GLOBAL HEAD OF COMPLIANCE

Retrieved on: 
Monday, May 1, 2023

SANTA BARBARA, CA, May 01, 2023 (GLOBE NEWSWIRE) -- Pensionmark, A World Company, the financial services division of leading insurance services organization World Insurance Associates, announced today that Jonathan Curley has joined as the firm’s new global head of compliance.

Key Points: 
  • SANTA BARBARA, CA, May 01, 2023 (GLOBE NEWSWIRE) -- Pensionmark, A World Company, the financial services division of leading insurance services organization World Insurance Associates, announced today that Jonathan Curley has joined as the firm’s new global head of compliance.
  • In this role, Curley will oversee the global compliance strategies across all Pensionmark financial services companies.
  • Earlier in his career, he held executive leadership roles at Symetra Financial, Wells Fargo Insurance Services, Wachovia Bank and MCM Financial.
  • “We are very fortunate to have a person with his credentials join our team to support our short- and long-term vision.”
    “I’m excited to be joining a company as dynamic and successful as Pensionmark,” said Jonathan Curley, global head of compliance.

OnePlus Announces a Technical Partnership with Perfect World Games About Ray Tracing on Mobile

Retrieved on: 
Monday, February 27, 2023

Ray tracing enabled Tower of Fantasy can be experienced on the OnePlus 11 5G at MWC 2023

Key Points: 
  • Barcelona, Spain--(Newsfile Corp. - February 27, 2023) - Global leading technology company OnePlus today announces a technical partnership with Perfect World Games on ray tracing technology.
  • "We're excited to cooperate with OnePlus to apply this advanced technology that previously only be seen on PCs in mobile phone," said Dan Xu at Perfect World Games.
  • The newly launched OnePlus 11 5G is equipped with Snapdragon® 8 Gen 2 mobile platform that supports hardware accelerated ray tracing technology, which provides the opportunity for OnePlus to work with Perfect World Games to fully explore the potential of ray tracing on mobile.
  • Compared to traditional MMORPG games, incorporating ray tracing in open-world games has significant technical challenges, especially on mobile platform.

OnePlus Announces a Technical Partnership with Perfect World Games about Ray Tracing on Mobile

Retrieved on: 
Monday, February 27, 2023

BARCELONA, SPAIN - Media OutReach - 27 February 2023 - Global leading technology company OnePlus today announces a technical partnership with Perfect World Games on ray tracing technology.

Key Points: 
  • BARCELONA, SPAIN - Media OutReach - 27 February 2023 - Global leading technology company OnePlus today announces a technical partnership with Perfect World Games on ray tracing technology.
  • "We're excited to cooperate with OnePlus to apply this advanced technology that previously only be seen on PCs in mobile phone," said Dan Xu at Perfect World Games.
  • The newly launched OnePlus 11 5G is equipped with Snapdragon® 8 Gen 2 mobile platform that supports hardware accelerated ray tracing technology, which provides the opportunity for OnePlus to work with Perfect World Games to fully explore the potential of ray tracing on mobile.
  • Compared to traditional MMORPG games, incorporating ray tracing in open-world games has significant technical challenges, especially on mobile platform.

China Online Gaming Market Report 2023 to 2027: Featuring NetEase, Tencent, 37 Interactive Entertainment and Net Dragon Among Others

Retrieved on: 
Wednesday, February 1, 2023

This report provides current trends and analysis of the China Online Gaming Industry, the market will reach US$ 90.52 Billion by 2027 at a CAGR of 8.45%.

Key Points: 
  • This report provides current trends and analysis of the China Online Gaming Industry, the market will reach US$ 90.52 Billion by 2027 at a CAGR of 8.45%.
  • Based on Category, China Online Gaming Market was divided into three types: Mobile Gaming, Client Gaming, and Web Gaming.
  • Online Gaming Market was divided into three types: Mobile Gaming, Client Gaming, and Web Gaming.
  • Key significant players in the China Online Gaming Market include NetEase, Tencent, 37 Interactive Entertainment, Zhejiang Century Huatong, Net Dragon, King net Network, Yoozoo Interactive, and Perfect World Entertainment.