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Following the divestiture of its Shanghai semiconductor subsidiary, Pixelworks has established a $2 million quarterly cost structure. The sale resulted in about $51 million in net cash, raising the company's total cash reserves to approximately $58 million and eliminating prior liabilities. Pixelworks aims to expand the adoption of its TrueCut Motion platform in premium theaters and is focused on enabling third-party licensing to drive high-margin revenue growth in cinema and home entertainment markets.