PixArt announced consolidated earnings results for the fourth quarter ended December 31, 2017. The revenue decreased by 4.4% quarter on quarter to TWD 1,329 million due to the decrease in NRE revenue and shipments of sensors for wearable and surveillance applications. The operating income decreased by 11.3% to TWD 220 million. The net income and the basic earnings per share were TWD 189 million and TWD 1.57 respectively.