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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.

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WiSA LLC, a subsidiary of Summit Wireless Technologies (NASDAQ: WISA), has launched the Lithe Audio WiSA Certified™ Pro Series in-ceiling speaker, priced at £699.98 and aimed at the custom installation market for Dolby Atmos systems. The Pro Series is notable for its wireless functionality requiring only power to operate and is compatible with other WiSA member brands. This product, recognized as a ‘Best New Hardware’ winner at the 2020 CEDIA awards, demonstrates WiSA's commitment to enhancing home cinema experiences with high-performance audio technologies.

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WiSA LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), announced the WiSA Ready certification of LG’s 2021 OLED and NanoCell TVs. This extension allows seamless audio integration with WiSA Certified speakers. LG leads the industry in integrating WiSA technology, ensuring high-fidelity sound and low latency. The TVs require only a WiSA USB Transmitter for connection, simplifying setup. WiSA President Tony Ostrom praised LG's commitment to enhancing home entertainment. The collaboration aims to deliver a concert-like audio experience, benefiting various entertainment formats.

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WiSA LLC, a subsidiary of Summit Wireless Technologies (NASDAQ: WISA), announced a collaboration with Foxconn to showcase WiSA technology at the Appliance & Electronics World Expo (AWE) in Shanghai from March 23-25. The demonstration will feature the award-winning WiSA SoundSend and 5.1 WiSA Certified speaker system paired with a 120-inch 8K Sharp TV. The event aims to highlight the seamless combination of large-scale video and immersive audio. WiSA emphasizes its role in enhancing home entertainment experiences through interoperability and ease of use.

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WiSA LLC, a subsidiary of Summit Wireless Technologies (NASDAQ: WISA), has partnered with Hisense to certify its 2021 TV models as WiSA Ready. This certification enables seamless connectivity to WiSA USB transmitters and Certified Speakers, enhancing home cinema experiences. Hisense is recognized as the fifth leading and fastest-growing TV brand in the U.S. This collaboration emphasizes WiSA's role in advancing wireless audio standards, supporting a new era of immersive entertainment.

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Summit Wireless Technologies (NASDAQ: WISA) reported a 141% increase in Q4 2020 revenue, exceeding $1 million compared to $430,000 in Q4 2019. The company achieved a gross margin of 24%, up from 17% in Q3 2020. Cash reserves grew to $7.4 million from $298,000 YoY. For Q1 2021, revenue is projected to increase by at least 100% YoY, with gross margins expected in the mid-20s. The company anticipates more than 1 million visitors to its sites in 2021, fueled by its WiSA Wave marketing program.

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Summit Wireless Technologies (NASDAQ: WISA) announced that the AU810PB 4K UHD Smart Dual Laser CineBeam Projector from LG Electronics is now available, marking it as the first WiSA Ready™ projector. Priced at $3,999, it supports seamless wireless audio with WiSA Certified™ speakers and offers projection sizes from 40 to 300 inches. This innovation enhances home entertainment, delivering immersive audio-visual experiences via LG's webOS platform. Both companies emphasize the impact of this projector in transforming consumer home entertainment.

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Platin Audio has announced the launch of the Platin Milan 5.1, an immersive wireless surround sound system following the success of the Platin Monaco 5.1. This system features WiSA Certified components and a 24-bit uncompressed audio experience. It includes compact satellite speakers and a powerful subwoofer, all controlled via the SoundSend application. Available now on Amazon and from Platinaudio.us, the Milan aims to enhance home cinema experiences at a competitive price. Summit Wireless Technologies, Inc. (WISA) supports the interoperability of audio devices through WiSA standards.

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Summit Wireless Technologies, Inc. (Nasdaq: WISA) has announced that President and CEO Brett Moyer will participate in the 33rd Annual ROTH Conference and the Maxim Group 2021 Emerging Growth Conference. The ROTH Conference will feature virtual 1x1 meetings on March 15-16, while the Maxim Group conference includes a webcasted fireside chat on March 18 at 11:00 am ET and additional virtual meetings on March 17-18. Presentation materials will be available on the company's Investor Relations website.

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Summit Wireless Technologies, Inc. (NASDAQ: WISA) will hold a conference call on March 12, 2021, at 8:00 a.m. PT / 11:00 a.m. ET to discuss its fourth quarter results and provide a business update. Interested participants can join the live broadcast by calling 877-423-9813 or 201-689-8573, using code 13716790. A webcast with slides will be available on the company's investor relations website. An audio archive will be accessible for a week post-call. Summit Wireless specializes in immersive, wireless sound technology, collaborating with top brands in home entertainment.

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Summit Wireless Technologies (NASDAQ:WISA) will showcase its wireless audio technology on February 10, 2021, during a presentation at the Society for Information Display (SID). Tony Parker, VP of New Business Development, will highlight the integration of wireless multi-channel audio with TVs, emphasizing the importance of interoperability in enhancing home entertainment experiences. With the growth of streaming services offering multi-channel audio, Summit aims to address consumer challenges by providing reliable solutions.

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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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