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Knowles Corporation (NYSE: KN) is a market leader and global supplier in the field of advanced micro-acoustic, specialty components, and human interface solutions. With over 65 years of industry excellence, Knowles has established itself as a pivotal player in various sectors including mobile communications, consumer electronics, medical technology, military/space, and other industrial markets. The company is headquartered in Itasca, Illinois, and operates globally with approximately 7,100 employees in 14 countries.
Knowles Corporation specializes in designing and manufacturing high-performance capacitors, radio frequency filtering products, balanced armature speakers, advanced micro-acoustic microphones, and comprehensive audio solutions. Its operations are segmented into three primary areas:
- Precision Devices Segment: Focuses on high-performance capacitor products and RF solutions, including the recently launched Electric Double Layer Capacitor (EDLC) modules.
- Medtech & Specialty Audio Segment: Designs and manufactures microphones and balanced armature speakers for specialized applications.
- Consumer MEMS Microphones Segment: Produces micro-electro-mechanical systems (MEMS) microphones and audio solutions for a broad array of consumer electronics.
Recent achievements include the acquisition of Cornell Dubilier in 2023, which enhanced Knowles' offerings in high-quality film, electrolytic, and mica capacitors. Knowles' new EDLC modules feature supercapacitors that can handle higher operating voltages, providing significant energy storage solutions suitable for solar energy harvesting, AGVs, EV transportation, and numerous other applications.
Knowles Corporation continues to innovate by introducing disruptive technologies like the world's first miniature microphone and receiver for hearing aids back in 1954. Their products undergo rigorous testing to ensure dependable performance, making them a trusted choice for demanding environments. The company’s strong commitment to customer satisfaction, combined with proprietary manufacturing techniques and global operational expertise, enables it to deliver cutting-edge solutions across multiple industries.
Knowles (NYSE: KN), a global supplier of high-performance components and solutions, has appointed Jason Cardew to its Board of Directors.
Cardew, with over 30 years of experience at Lear , will expand the Board to 10 directors.
Currently serving as Lear's Senior VP and CFO, Cardew brings extensive executive, financial, and leadership experience.
He will also join Knowles' Audit Committee.
Chairman Don Macleod emphasized the value of Cardew's automotive OEM market insights in enhancing shareholder value.
Knowles (NYSE: KN) has announced a collaboration with Audiodo to deliver personalized, high-fidelity audio experiences through their combined technologies. Knowles' balanced armature (BA) drivers and Audiodo’s sound personalization platform will enhance over-the-counter (OTC) hearing aids and true wireless stereo (TWS) earbuds, including Meizu's new LIVE AI Noise Cancelling Hi-Fi Earbuds. A recent study highlighted that 60% of TWS buyers prioritize hearing personalization. Audiodo's app allows users to analyze their hearing profiles and customize audio output in about three minutes. This partnership aims to revolutionize audio content interaction by ensuring precise, personalized sound across all frequency ranges.
Knowles , a global leader in micro-acoustic microphones, speakers, audio solutions, and high-performance capacitors, announced the expansion of its custom miniaturization services to MedTech OEMs. Known for precision and reliability, Knowles will provide design, development, and manufacturing services for scalable miniature components and assemblies. This move aims to support MedTech innovations in implantable devices, surgical instruments, robotics, diagnostics, and drug delivery systems. Leveraging state-of-the-art technologies, Knowles ensures micron-level accuracy and robust quality, enhancing production efficiency and cost-effectiveness.
Knowles (NYSE: KN), a leader in advanced micro-acoustic components, has been selected by EarSonics to provide balanced armature (BA) drivers for its new EM96 Customizable In-Ear Monitor (IEM). The EM96 features six Knowles drivers per earpiece, including two woofers, two mid-range BAs, and two Supertweeters, delivering high-fidelity sound with a frequency response extending up to 25kHz. The EM96 aims to offer professional-grade audio quality for musicians and sound engineers, utilizing EarSonics' TRUWAVE and Ω-Corrector technology for a wide stereo image and consistent frequency response. The EM96 is now available in Europe through the EarSonics website.
Knowles (NYSE: KN) has collaborated with Meizu to launch the new LIVE AI Noise Cancelling Hi-Fi Earbuds. These earbuds incorporate Knowles' balanced armature drivers and MEMS microphones to deliver superior sound quality. The product features a blend of high treble clarity and strong low-frequency performance, enhanced by a dual driver design. Additionally, the earbuds offer AI Dynamic Tune for personalized sound experiences and a recommended treble response curve. They also include Intelligent Active Noise Reduction Mode and six high-performance microphones. Each earbud offers nine hours of battery life, with over 22 hours available from the case. Priced at 599 CNY, they are now available in China and other APAC markets.
Knowles, a global leader in high-performance components and solutions, announced its participation in The Baird Global Consumer, Technology & Services Conference in New York on June 4, 2024. The company's President and CEO, Jeff Niew, along with CFO John Anderson, will represent Knowles at the event. Key products include capacitors, RF filters, advanced medtech microphones, balanced armature speakers, and MEMS microphones for consumer electronics. Investors can schedule meetings with the management through their Baird representative.
Knowles (NYSE: KN) reported Q1 2024 revenues of $196 million, exceeding the midpoint of the guided range, and net cash from operations of $17 million, surpassing the high end of the guided range. The company highlighted double-digit revenue growth across all segments, with strong financial results and non-GAAP Diluted Earnings per Share at the high end of expectations. Knowles looks forward to sequential revenue and earnings growth in Q2 2024, emphasizing the transition to higher value markets and products to enhance shareholder value.
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