Welcome to our dedicated page for Knowles news (Ticker: KN), a resource for investors and traders seeking the latest updates and insights on Knowles stock.
Overview
Knowles Corporation (NYSE: KN) has built a legacy of over 65 years in the development and manufacture of advanced micro-acoustic solutions, high-performance capacitors, and radio frequency filtering products. Specializing in products such as micro-electro-mechanical systems (MEMS) microphones, balanced armature speakers, and innovative audio solutions, Knowles stands as a pivotal player in multiple industries including mobile communications, consumer electronics, medtech, defense, and industrial applications. From cutting-edge audio components to sophisticated energy storage solutions, the company integrates decades of expertise and proprietary manufacturing techniques to meet the demanding needs of its diverse clientele.
Technological Prowess and Innovation
At the core of Knowles Corporation's operations is an unwavering focus on technology and innovation. Leveraging advanced micro-acoustic engineering, their products are designed to transform sound and energy management across various applications. The company’s portfolio includes state-of-the-art MEMS microphones known for their miniaturization and high fidelity, as well as balanced armature speakers that deliver superior audio performance in increasingly compact electronic devices. In addition, the Precision Devices segment highlights Knowles' capabilities in high-performance capacitor solutions and radio frequency (RF) filtering products, addressing the critical need for compact, reliable power management in modern electronics.
Business Segments and Product Offerings
Knowles operates through distinct segments that allow it to serve a wide spectrum of market needs:
- Precision Devices: Focused on developing high-performance capacitors and RF filtering products, this segment underscores Knowles' commitment to precision engineering and efficient power management in electronic circuits. The integration of capacitor technologies and innovative package designs enhances performance while reducing the physical footprint on printed circuit boards.
- Medtech & Specialty Audio: This segment is dedicated to fine-tuning audio solutions for specialized applications, including medical devices such as hearing aids. Knowles has historically been at the forefront of innovations that enhance auditory experiences, aiming to combine miniaturization with uncompromising performance in devices needing precise sound reproduction.
- Consumer MEMS Microphones: The largest business segment, it is devoted to the design and manufacture of MEMS microphones and integrated audio solutions that power consumer electronics. These products are critical in the era of smart devices, providing reliable and quality sound capture essential for modern communication, entertainment, and digital interaction applications.
Manufacturing Excellence and Global Presence
Knowles Corporation is characterized by its commitment to rigorous testing and quality control, ensuring that every component meets exacting standards. Its proprietary manufacturing techniques ensure consistency and precision, allowing the company to deliver high-performance products on a global scale. With operations spanning several continents, Knowles maintains a strong international presence, supporting global supply chains and servicing a diverse array of industries. The company’s international network of facilities and manufacturing hubs reflects its ability to adapt to varying market demands and regulatory standards, underscoring both its operational expertise and its commitment to delivering reliable, high-quality components.
Market Position and Competitive Landscape
Within the competitive landscape of high-performance components, Knowles Corporation distinguishes itself through a combination of technological innovation, diversified product lines, and a longstanding history in the industry. The company’s focus on continuous improvement and disruptive communication technologies has enabled it to set industry benchmarks. Its product offerings not only meet but often exceed the stringent operational requirements of modern audio and energy storage applications. While the industry is marked by rapid technological advances, Knowles' approach of rigorous testing and commitment to quality ensures product dependability across applications. This robust strategy helps the company maintain a stable market position among competitors in sectors such as mobile communications, consumer electronics, and medtech.
Research, Development, and Technological Integration
Knowles Corporation invests significantly in research and development to stay ahead in technology and manufacturing processes. Their continuous integration of new technologies, such as enhanced MEMS designs and innovative capacitor structures, positions the company to respond effectively to evolving technological standards. The incorporation of cutting-edge RC-type arc suppression networks further exemplifies the company’s innovative approach to extending the operational life of electronic and electro-mechanical devices. These advancements are not only technical achievements but also practical solutions that simplify circuit design for engineers, leading to more compact and efficient circuits with lower incidence of failure.
Application Areas and Industry Impact
The impact of Knowles Corporation’s products is evident across a range of applications. In consumer electronics, their components enable high-fidelity audio experiences and reliable voice capture essential for smartphone and digital assistant technologies. In the medical technology arena, especially in hearing aids and diagnostic devices, the precision and durability of their products enhance patient outcomes. Similarly, in industrial and defense contexts, the reliability of the capacitors, RF filters, and arc suppression components is critical for the performance of mission-critical equipment. By addressing diverse needs across multiple market sectors, Knowles not only showcases its versatility but also reinforces its standing as a formidable provider of advanced electronic solutions.
Quality Assurance and Industry Standards
Quality assurance lies at the heart of Knowles Corporation’s operations. Every product is subjected to rigorous testing protocols designed to ensure optimal performance under a variety of conditions. This commitment to excellence enhances the trustworthiness of Knowles’ technology, making it a preferred choice for applications where failure is not an option. Through continuous improvement and adherence to international quality standards, the company reinforces its reputation as an expert provider of precision components and audio solutions.
Customer-Centric Solutions and Operational Expertise
Knowles Corporation places a strong emphasis on understanding and addressing customer needs. Whether it is through innovative design solutions, custom engineering adaptations, or comprehensive technical support, the company takes pride in its ability to deliver products that address specific market challenges. This customer-centric approach is supported by a broad base of operational expertise and a flexible manufacturing network that is fine-tuned to meet the evolving requirements of modern electronics. Such operational agility ensures that the company's products remain relevant and dependable for a wide range of applications.
Conclusion
In conclusion, Knowles Corporation exemplifies a fusion of innovation, quality, and operational excellence. With a diversified product portfolio that spans from MEMS microphones and balanced armature speakers to high-performance capacitors and RF filters, the company stands as a crucial component supplier for industries that demand precision and reliability. Its global reach, deep technical expertise, and unwavering commitment to quality have positioned Knowles as a trusted name in the fields of mobile communications, consumer electronics, medtech, and industrial applications. As such, Knowles Corporation provides a robust foundation for understanding the complexities of modern electronic component manufacturing and its essential role in powering today’s technology.
Knowles Corporation (NYSE: KN) reported a strong Q3 2021, with revenues of $233 million, marking an 8% increase year-over-year. Non-GAAP gross margins reached 41.8%, while diluted EPS was $0.29, exceeding expectations. Cash from operations totaled $56 million. The company highlighted record revenues in its Precision Devices segment, up 35% driven by high demand across various markets. Looking ahead, Knowles anticipates further growth in Q4, driven by favorable product mix and operating leverage, aiming to achieve record cash operations for the full year.
Knowles Corporation (NYSE: KN) will release its third quarter 2021 financial results on October 27, 2021, after market close, followed by a conference call at 3:30 p.m. Central time. Analysts and investors can access the call using specific dial-in numbers and a conference ID. A replay of the call will be available until November 4, 2021. Knowles is a leader in micro-acoustic microphones and audio processing solutions, serving diverse markets including consumer electronics and medtech, and aims to diversify revenue through innovative solutions.
Knowles Corporation (NYSE: KN) announced the passing of Ronald Jankov, a board member since its public debut in 2014. His contributions as a founder and CEO of GlobalLink1 Capital significantly impacted the company. CEO Jeffrey Niew and chairman Donald Macleod expressed their deep condolences, highlighting Jankov's leadership and commitment. This loss may create a leadership gap for Knowles, which specializes in advanced audio solutions across various markets.
Knowles Corporation (NYSE: KN) has launched the AISonic™ IA8201 Raspberry Pi Development Kit, designed to streamline voice and audio functionality in various applications across multiple industries. This comprehensive kit allows OEM/ODM engineers to quickly prototype and test voice and machine learning capabilities, thereby reducing development costs. The IA8201 Audio Edge Processor is a key component, promoting ultra-low power usage and high-performance audio processing. A Parks Associates survey indicates a growing consumer demand for voice-controlled devices, creating a substantial market opportunity for Knowles.
Knowles Corporation (NYSE: KN) has launched its AI-enabled True Wireless Stereo (TWS) Development Platform to streamline product development for OEMs. This platform includes a fully operational TWS development kit with pre-tuned earbuds featuring Knowles SiSonic™ MEMS Microphone Arrays and various speaker drivers. The kit facilitates advanced features like Active Noise Cancellation and voice command integration, enabling faster time-to-market. This move underscores Knowles' position in the expanding TWS market, projected to grow significantly across all price segments.
Knowles Corporation (NYSE: KN) reported strong Q2 2021 results, with revenues of $199.8 million, up 43% year-over-year. Non-GAAP gross margins reached 42.4%, exceeding guidance, while diluted EPS rose to $0.18. Key growth drivers included a doubling of Hearing Health sales and increased demand for MEMS microphones. Precision Devices achieved record revenues, aided by a medtech market recovery and a new acquisition. For Q3 2021, Knowles expects a 13% sales increase year-over-year, highlighting strong market positions and operational leverage for continued growth.
Knowles Corporation (NYSE: KN) will release its second quarter 2021 financial results on July 28, 2021, after market close. Following the announcement, a conference call will be held at 3:15 p.m. Central time (4:15 p.m. Eastern time) to discuss these results. Interested analysts and investors can join the call by dialing the specified numbers or via a webcast available on the Knowles investor website. The company's focus on advanced micro-acoustic microphones and audio solutions positions it in various high-growth markets, emphasizing innovation and customer experience.
Knowles Corporation (NYSE: KN) announced a significant legal victory as ITC Judge Charles E. Bullock found Shenzhen Bellsing Acoustic Technology misappropriated its trade secrets. The 129-page ruling recommended a 26-year exclusion order preventing Bellsing from importing devices using Knowles' technology, including hearing aids and headsets. Additionally, a cease and desist order was suggested against Bellsing and its founder. Knowles' CEO emphasized their commitment to protecting intellectual property, highlighting the company’s extensive R&D investments.
Knowles Corporation (NYSE: KN) has launched the AISonic™ White Goods Standard Solution, streamlining voice integration for smart appliances. This development kit allows OEMs and ODMs to easily incorporate voice control and speech recognition into devices like refrigerators and ovens. Built on the AISonic Audio Edge Processor IA8201, it supports multiple voice assistants and promotes a richer user experience. The smart appliance market is rapidly growing, with an expected shipment of 66M voice processors by 2024, showcasing a significant CAGR of 55% from 2019 to 2024.
Knowles Corporation (NYSE: KN) reported Q1 2021 revenues of $201 million, exceeding guidance. The gross profit margin improved to 38.8%. Strong demand for MEMS microphones and recovery trends in Hearing Health drove audio revenues, while Precision Devices met expectations. For Q2 2021, the company anticipates a 28% sales increase year-over-year, supported by record bookings in Precision Devices. Knowles aims for strong earnings growth in 2021, bolstered by increased revenues and operating expense control.
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