Exhibit 99.1 Pixelworks Reports First Quarter 2024 Financial Results Total Revenue Increased 61% Year-over-Year; Mobile Revenue Grew nearly 200% Year-over-Year, Reaching a Record 61% of Total Revenue PORTLAND, Ore., May 14, 2024 – Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the first quarter ended March 31, 2024. First Quarter and Recent Highlights • Total revenue increased 61% year-over-year, driven by stron ...