Pixelworks is a fabless semiconductor company that designs,develops and markets system-on-chip semiconductors and software for the advanced display industry,including advanced televisions,multimedia projectors and LCD panels.Our system-on-chip semiconductors provide the"intelligence"for these new types of displays and devices by processing and optimizing video and computer graphic signals to produce high-quality images. A Wide Range We have a broad product line that uses proprietary technologies and advanced designs to address the requirements of the industry we serve.Our products range which is from single-purpose discrete ICs to system-on-chip ICs integrating a microprocessor,memory and image processing circuits that function as a computer on a single chip.Pixelworks has expanded its technology portfolio through internal developments,acquisitions and co-developments with partners.In the future,we plan to introduce products that continue to improve performance and lower product costs. We now have offices in Oregon, California, Taiwan, China, Japan and Korea. Pixelworks is truly a global company -- a business without borders, operating around the clock, around the world. Principles For Growth When Pixelworks began in 1997, we carefully crafted our four Founding Principles to serve as an operations foundation for the next 100 years. Create wealth For any company to grow and prosper, it must generate profits for itself and its suppliers. But true wealth is measured by more than just decimals and dollar signs. At Pixelworks, wealth is synonymous with wellbeing, quality of life, and the health of the community in which we live and work. Have fun We should enjoy what we do. Great work and great ideas are a product of an environment that inspires passion, fun and excitement for the work we do. Having fun, therefore, is an essential part of our long-term success. This applies to our suppliers, vendors and customers as well. They should enjoy doing business with us because we value them both as people and as partners. Build a legacy At Pixelworks, we believe that our work should be pursued with a sense of destiny. What we do here matters and, in the end, we should leave the world better than we found it. Building such a legacy requires a generational focus, one where decisions are made from a long-term perspective and success is charted in decades not days. Take care of each other At all times and in all things, accept responsibility for the welfare of others. Look out for the interest of fellow employees, suppliers, associates, customers, everyone. An outward perspective leads to a greater appreciation for diverging points-of-view and helps build a stronger sense of community. As a lasting symbol of these values, we carved them in stone in fourteen languages, much like the famous Rosetta Stone. In the lobby of our corporate headquarters, the PixelStone reminds us of our Founding Principles and of the geographic and cultural diversity that is the source of our competitive strength.