The 5G shift is key for PXLW
DeBonis seems to indicate or at least believe that Pixelworks is pretty well positioned for the 5G mobile shift. This was from a newsletter i receive that came today:
The 5G boom has been more hype than reality for much of the past year, but we’re now beginning to see a few names related to that theme flex their muscles. One area that’s particularly strong are select chip stocks that are set to directly benefit from the wave of 5G smartphones that will hit the market in the quarters ahead. (One analyst sees 200 million 5G smartphones sold in 2020 and another 450 million in 2021, and a couple companies think those estimates are conservative.)
Hopefully PXLW is positioned significantly for the 5G growth in smartphones. If so, the stock should do well and investors should find out if they are first half of this next year.