Brian Solomon / Forbes:
From televisions to tablets, the world is going high definition — and companies that produce the technology to enable ever smaller and higher-def packages are going to profit.
That’s the operating thesis under which investors are snapping up HD processing company Pixelworks today. The stock is up over 80% on Thursday after it revealed in its annual report that it has a large relationship with Apple . While relationships with the world’s largest computer company are usually kept quiet, Pixelworks had no choice but to reveal that it relied on Apple for more than 10% of its revenues in 2013.
