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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 host a virtual roadshow on July 15, 2021, at 11:30 a.m. ET, featuring a presentation by CEO Brett Moyer. The event will cover the company's business model and growth initiatives, followed by a Q&A session. To participate, dial 1-877-423-9813 (U.S.) or 1-201-689-8573 (international) with the conference code 13721372. A replay of the call will be available after four hours and can be accessed until August 15, 2021. For more details, visit www.summitwireless.com.

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WiSA LLC, a subsidiary of Summit Wireless Technologies (NASDAQ: WISA), has launched the WiSA SoundSend TV application for Android OS. This app allows users to control WiSA audio systems via their TV remote, simplifying setup and enhancing user experience. The application is compatible with various TV brands, including Sony and Panasonic, potentially reaching over 50 million TVs. With projections to connect to over 1 billion TVs by year-end, this innovation aims to ease consumer access to WiSA Certified speaker systems, enhancing the home cinema audio experience.

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Summit Wireless Technologies, Inc. (Nasdaq: WISA) will join the Russell Microcap® Index effective June 25, highlighting its growth in wireless sound technology for entertainment systems. This inclusion, which lasts for one year, enhances visibility among investors, as Russell indexes are benchmarks for around $10.6 trillion assets. CEO Brett Moyer noted this development builds on strong first-quarter momentum. The firm collaborates with major brands like Samsung and Microsoft, providing immersive audio solutions for various entertainment sectors.

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Summit Wireless Technologies, Inc. (Nasdaq: WISA) has announced that its President and CEO, Brett Moyer, will present at two upcoming conferences. The first will be at the Rocky Mountain Microcap Conference VII on May 26 at 12:56pm ET, and the second at the LD Micro Invitational XI on June 9 at 2:00pm ET. Presentation materials and webcasts will be available on the company's Investor Relations page. Summit Wireless specializes in immersive wireless sound technology for next-gen home entertainment systems, collaborating with major brands like Harman International and LG Electronics.

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Summit Wireless Technologies (NASDAQ: WISA) reported Q1 2021 revenue of $1.2 million, a 181% increase from Q1 2020. Gross margin rose to 25.6%, up from 15.3% a year prior. Operating expenses for the quarter were $3.0 million. The company anticipates Q2 revenue growth exceeding 250% year-over-year and expects higher gross margins. Notable partnerships include brands like LG and Bang & Olufsen, with new product launches enhancing its market presence. Summit also projects over 1 million website visitors in 2021, signaling strong consumer interest.

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Summit Wireless Technologies (NASDAQ: WISA) announces that its member, Onkyo Home Entertainment, has launched the WiSA Certified™ SOUND SPHERE audio system. This product includes the WiSA SoundSend wireless audio transmitter, allowing for flexible system bundling in 2.1, 3.1, and 5.1 options. The SOUND SPHERE aims to enhance home audio experiences, providing immersive, theater-quality sound with easy setup. It supports Dolby Atmos Height Virtualizer and allows for low-latency wireless audio transmission.

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Summit Wireless Technologies (Nasdaq: WISA) has appointed Wendy Wilson to its board of directors as of May 10, 2021, while thanking Jonathan Gazdak for his service; he will remain an advisor. CEO Brett Moyer highlighted Wilson's extensive experience in digital marketing, with notable roles at firms like Disney and Yahoo, as beneficial for enhancing consumer awareness of their wireless immersive sound technology. Wilson expressed enthusiasm about the company's WiSA Wave marketing program, which is gaining momentum in the industry.

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WiSA LLC, associated with Summit Wireless Technologies (NASDAQ: WISA), unveiled the Beolab 28 high-resolution wireless stereo speakers by Bang & Olufsen. These WiSA Certified™ speakers offer 1250 watts of power and a frequency range of 27Hz to 23kHz, designed for versatile placement and easy setup for enhanced cinematic sound. The speakers support multiple streaming services and feature active room compensation for optimal audio playback. WiSA continues to promote interoperability among its member brands, enriching the consumer audio experience.

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Summit Wireless Technologies, Inc. (NASDAQ: WISA) will hold a conference call on May 12, 2021, at 8:30 a.m. PT / 11:30 a.m. ET to discuss its first quarter results. Interested participants can join the live broadcast by calling 877-423-9813 or 201-689-8573, using code 13718663. An audio archive will be available for one week after the call. Summit Wireless is known for its immersive wireless sound technology and partners with major brands like Harman, LG, and Xbox to enhance home entertainment experiences.

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WiSA LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), reports significant growth in website traffic due to the WiSA Wave Marketing Program. Launched in 2020, this initiative has driven nearly 140,000 visitors to member and retailer websites in Q1 2021—a 234% increase from Q1 2020. WiSA forecasts reaching one million visitors in 2021. The program enhances consumer awareness and supports members like LG and Harman Kardon in distributing WiSA Certified products, contributing to rising sales and market exposure, essential for growth in the wireless home cinema market.

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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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