Pixelplus reports second-quarter revenue

Pixelplus, a South Korean semiconductor company, has announced that its revenue for the second quarter of fiscal 2010 was KRW6.8bn (£3.6m), compared with KRW4.1bn in the first quarter of 2010 and KRW4.4bn in the second quarter of 2009.

Net income was KRW0.7bn, or KRW213 per diluted ADS, compared with KRW0.3bn, or KRW94 per diluted ADS, in first-quarter 2010 and a net income of KRW0.03bn, or KRW9 per diluted ADS, in second-quarter 2009.