Reaffirms Revenue Guidance for Fourth Quarter 2022 PORTLAND, Ore., Dec. 31, 2022 /PRNewswire/ — Pixelworks, Inc. (NASDAQ: PXLW) (the “Company”), a leading provider of innovative video and display processing solutions, today announced the Company’s majority owned subsidiary, Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. (“PWSH”), entered into an agreement with a group of private equity and strategic investors based in China, as well as with entities owned by PWSH employees, under which committed investments will be made in exchange for equity interest in PWSH. In aggregate, the capital increase agreements consist of the commitment by employee entities to pay amounts in…