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Wisa Tech - WISA STOCK NEWS

Welcome to our dedicated page for Wisa Tech news (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on Wisa Tech stock.

Overview

Wisa Tech (WISA) is a fabless semiconductor company renowned for its pioneering wireless audio integrated circuits. By leveraging its award-winning summit wireless technology, the company delivers integrated circuit solutions that enable high-definition, distortion-free audio distribution for home entertainment and professional audio systems. Key industry terms such as wireless audio technology, integrated circuits, and digital home entertainment underscore its strategic focus and domain expertise.

Core Business and Technology

At its core, Wisa Tech is dedicated to the design and development of wireless audio integrated circuits that allow audio systems to transmit and receive multi-channel, high-definition sound seamlessly. The company’s technology is engineered for integration into a variety of audio decode sources including digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems. By doing so, Wisa Tech ensures that consumer electronic manufacturers and professional audio integrators can achieve an optimal balance between performance and efficiency without the constraints of traditional wired connections.

Business Model and Revenue Generation

Wisa Tech operates on a fabless semiconductor model, which means it focuses on research, design, and development of its proprietary technologies while outsourcing manufacturing to specialized foundries. This model allows the company to concentrate on innovation, reduce capital expenditure, and maintain agility in product development. Its revenue is generated through strategic licensing and supply agreements with leading consumer electronics and pro-audio companies, which value its ability to provide reliable, high-performance wireless audio solutions.

Market Position and Global Reach

Having established a strong foundation in the wireless audio market, Wisa Tech enjoys a reputable position as a key enabler of cutting-edge audio solutions. Headquartered in Beaverton, Oregon, Wisa Tech has expanded its operational footprint globally with regional offices in technology hubs such as San Jose, California, as well as key Asian markets including Taiwan, Korea, and Japan. This geographical diversity not only supports its R&D initiatives but also ensures tailored market penetration strategies and customer support across different regions.

Technological Innovations and Industry Interconnections

Wisa Tech’s innovative approach is underscored by its development of integrated wireless transmit and receive technologies that facilitate the seamless distribution of high-definition audio. This technology is central to the integration of interoperability standards, such as those developed under the Wireless Speaker and Audio Association (WiSA), which the company helped co-found. With these standards in place, Wisa Tech’s solutions are capable of ensuring compatibility and high performance across different types of audio devices, thus reinforcing its credibility among electronic manufacturers and audio system integrators.

Operational Excellence and Competitive Landscape

The company’s operational strategy is characterized by continuous innovation and a commitment to technical excellence. By focusing on areas such as advanced signal processing, low-latency wireless transmission, and robust digital-to-analog integration, Wisa Tech differentiates itself from competitors. It faces challenges typical to the semiconductor industry, including rapid technological changes and the need for ongoing investment in R&D, yet it consistently reinforces its market position through strategic partnerships and an emphasis on industry standards.

Applications and End-User Benefits

Wisa Tech’s products are integral to a range of applications in both home entertainment and professional settings. In homes, its technology translates into immersive, high-definition audio experiences across a variety of consumer electronics. In professional audio, the company’s integrated circuits support systems used in public address setups, concert venues, and large-scale event productions. Manufacturers rely on its proven technology to deliver clarity and fidelity in audio reproduction without the complexity of traditional wired systems.

Industry Expertise and Trustworthiness

With a deep commitment to innovation, Wisa Tech exemplifies the principles of Expertise, Experience, Authoritativeness, and Trustworthiness (E-E-A-T) within the semiconductor sector. Its extensive research background and dedication to quality have cemented its reputation as a trusted partner in the development of wireless audio solutions. The company’s emphasis on reliability and performance is supported by rigorous testing protocols and adherence to international standards, ensuring that its products fulfill the technical demands of both consumer and professional markets.

Conclusion

Wisa Tech (WISA) offers an in-depth and nuanced perspective on the evolution of wireless audio technology. Its commitment to providing integrated circuit solutions that balance performance, compatibility, and ease of integration has made it an essential player in both home entertainment and pro-audio sectors. By combining innovative design, global operational reach, and adherence to industry standards, Wisa Tech continues to set benchmarks in the realm of wireless audio integration, making its technology an enduring asset for manufacturers and end-users alike.

Rhea-AI Summary

Summit Wireless Technologies (NASDAQ: WISA) will present at the Ladenburg Thalmann Tech Expo 2021 on November 18 at 9:00 AM PT. The company's CEO Brett Moyer will share insights on their wireless sound technology for home entertainment systems. Investors can register to watch the presentation and request 1x1 meetings via the event's website. Presentation materials will be available on Summit Wireless's Investor Relations page after the event. For more information, visit www.summitwireless.com.

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WiSA LLC has launched the new WiSA Certified™ Retailer Program, enhancing its brand presence by partnering with major retailers like Amazon, Electronics Express, and Walts TV. This initiative aims to boost sales of WiSA Certified products, providing dedicated marketing support and improved visibility. WiSA targets 2 million website visitors by the end of 2021, responding to increasing consumer demand for high-quality wireless home cinema systems. Retailers must meet specific criteria, including sales of WiSA products and a robust online presence, to become certified.

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Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leader in immersive wireless sound technology, will present at the Rocky Mountain Microcap Conference VIII on Wednesday, November 3, 2021, at 1:12 PM PT at TopGolf in Centennial, Colorado. President and CEO Brett Moyer will lead the presentation. Participants can access the session live or later through virtual registration at rockymountain21.mysequire.com. Additional materials will be available on the company's Investor Relations website.

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Summit Wireless Technologies (NASDAQ: WISA), a leading provider of wireless sound technology, is set to hold a conference call on November 10, 2021, at 8:00 a.m. PT to discuss its third quarter results. The call can be accessed by dialing 877-423-9813 or 201-689-8573, using code 13724586. Shareholders can listen live through the company’s investor relations website. Summit Wireless collaborates with top brands like Harman International, LG Electronics, and Xbox to enhance audio experiences across various multimedia platforms.

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Summit Wireless Technologies (NASDAQ: WISA) reported a preliminary Q3 2021 revenue of approximately $1.8 million, marking a 200% increase from $607,000 in Q3 2020. The company reaffirms its full-year revenue guidance, projecting over 180% annual growth. CEO Brett Moyer noted increasing consumer engagement and new marketing initiatives that are expected to drive holiday sales. The WiSA Association website experienced over 1.2 million visitors in the first nine months of the year, indicating strong market interest.

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WiSA LLC announced a significant surge in website traffic, anticipating over 800,000 holiday visitors. This growth, driven by the WiSA Wave Marketing Program, has resulted in a 550% year-over-year increase in consumer exposure, rising from 176,000 to approximately 1.2 million in 2021. WiSA collaborates with over 40 retailers, including Amazon and B&H Photo-Video, to market WiSA Certified products and enhance consumer awareness in the wireless home cinema market.

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Summit Wireless Technologies (NASDAQ: WISA) announced that Hisense has launched new WiSA Ready™ laser TV projectors in the U.S. The L9G models, measuring 100” and 120”, support a 5.1.2 audio channel and feature the TriChroma laser light engine with 3,000 lumens for superior brightness and color accuracy. These projectors allow quick wireless connectivity to any WiSA Certified™ speaker system, enhancing home entertainment experiences.

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Summit Wireless Technologies, Inc. (NASDAQ: WISA) will participate in the LD Micro Main Event on October 12 at 2:00 PM PT in Los Angeles. CEO Brett Moyer will present, with management also hosting individual meetings. Summit Wireless is known for its innovative wireless sound technology for intelligent devices and home entertainment, collaborating with major brands like Harman, LG, and Klipsch. A copy of the presentation will be available on their Investor Relations website.

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Summit Wireless Technologies (NASDAQ: WISA) announced the launch of the Harman Kardon Radiance 2400 wireless audio system, utilizing HARMAN’s Constant Beamwidth Technology™ and integrated WiSA technology. Available in select European countries, this system includes ultra-slim floor-standing speakers, a subwoofer, and a digital hub, promising immersive wireless audio. The Radiance 2400 offers user-friendly features, including a multifunctional LCD touch screen and Bluetooth remote control. This innovation positions WiSA as a leader in the wireless home cinema market.

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Summit Wireless Technologies, Inc. (NASDAQ: WISA) announced the hiring of three industry veterans—Eric Almgren, Steve Venuti, and Roger Isaac—to enhance the adoption of the WiSA standard and stimulate revenue growth. With over 80 years of collective experience in launching major technologies like HDMI, this strategic team aims to expand market applications for Summit's high-definition wireless audio technology. CEO Brett Moyer highlighted their proven records in standard commercialization as vital for advancing WiSA's position in the audio industry.

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FAQ

What is the current stock price of Wisa Tech (WISA)?

The current stock price of Wisa Tech (WISA) is $1.21 as of February 14, 2025.

What is the market cap of Wisa Tech (WISA)?

The market cap of Wisa Tech (WISA) is approximately 63.0M.

What is the core business of Wisa Tech?

Wisa Tech specializes in designing and developing wireless audio integrated circuits. These circuits enable high-definition audio transmission for home entertainment and professional audio applications.

How does Wisa Tech generate revenue?

The company operates on a fabless semiconductor model, focusing on innovation and licensing its wireless audio technology to consumer electronics and pro-audio manufacturers. It builds revenue through strategic supply and licensing agreements.

What markets does Wisa Tech serve?

Wisa Tech serves both the home entertainment and professional audio markets. Its solutions are integrated into devices such as digital televisions, sound bars, AV receivers, and professional PA systems.

How does Wisa Tech ensure high-quality audio performance?

By employing advanced signal processing and robust digital-to-analog conversion, Wisa Tech provides integrated solutions that deliver high-definition, distortion-free audio. Its technology is also designed to meet strict interoperability standards.

In what ways is Wisa Tech connected to industry standards?

Wisa Tech is a co-founder of the Wireless Speaker and Audio Association (WiSA) standard, which promotes interoperability in wireless audio systems. This involvement underlines its commitment to industry harmonization and technical excellence.

Where is Wisa Tech headquartered and what is its global presence?

Headquartered in Beaverton, Oregon, Wisa Tech has a significant global presence with key operational offices in prominent technology regions such as San Jose, Taiwan, Korea, and Japan, aiding both its R&D and market expansion strategies.

How does the fabless model benefit Wisa Tech?

The fabless semiconductor model allows Wisa Tech to focus on innovation and design without the overhead of manufacturing. This model enables the company to maintain agility and invest in cutting-edge R&D while partnering with dedicated foundries for production.

What distinguishes Wisa Tech from its competitors?

Wisa Tech distinguishes itself through its award-winning wireless audio technology, a deep commitment to innovation, and adherence to strict international standards for audio quality and interoperability. Its strategic global presence further reinforces its competitive advantage.
Wisa Tech

Nasdaq:WISA

WISA Rankings

WISA Stock Data

62.96M
39.58M
31.57%
2.13%
2.63%
Software - Infrastructure
Semiconductors & Related Devices
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United States
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