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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  January 21, 2003


PIXELWORKS, INC.
(Exact name of registrant as specified in its charter)

OREGON   000-30269   91-1761992
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

8100 SW Nyberg Road
Tualatin, Oregon 97062
(503) 454-1750
(Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)





Item 5.    OTHER EVENTS

        On January 21, 2003, Pixelworks, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2002, and the restatement of its financial results for the quarter and nine months ended September 30, 2002 to reflect a change in accounting for the acquisition of Jaldi Semiconductor Corp. The press release is attached hereto as Exhibit 99.1 and is incorporated in its entirety herein by reference.


Item 7.    FINANCIAL STATEMENTS AND EXHIBITS

        (c)    Exhibits

99.1   Press Release issued by Pixelworks on January 21, 2003.

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SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

    PIXELWORKS, INC.

 

 

 
Date: January 21, 2003   /s/  JEFFREY B. BOUCHARD      
Jeffrey B. Bouchard
Vice President, Finance and Chief Financial Officer
(Principal Financial and Accounting Officer)

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SIGNATURES