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VeriSilicon Holdings issued a statement declaring its intention to team up with other investors and, through the acquisition vehicle Tiansui XinYuan, acquire a 97.89% equity interest in Pixworks Semiconductor. The deal will involve RMB 930 million in cash, along with associated expenses. Once the transaction is finalized, Pixworks Semiconductor will be incorporated into VeriSilicon Holdings' consolidated financial statements. Pixworks Semiconductor is a globally recognized leader in supplying main control chips for 3LCD projectors. Moreover, its mobile visual processing chips have successfully penetrated the supply chains of major mobile phone manufacturers. Tiansui XinYuan was founded in October 2025, and VeriSilicon Holdings expects to make a capital contribution and increase its stake at a 40% equity ratio.
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