2 hours ago
WiSA leads consumer electronics industry with integration of new WiSA Ready™ LG models
SAN JOSE, Calif.–(BUSINESS WIRE)–WiSA® LLC, the Wireless Speaker and Audio Association comprised of over 70 leading consumer electronics brands and founded by Summit
Wireless Technologies (NASDAQ: WISA), today announced WiSA Ready™ certification of LG’s 2021 OLED and NanoCell TVs further expanding its lineup of existing WiSA Ready™ TV models.
LG Electronics continues to lead numerous WiSA member brands, including Hisense, Skyworth, Bang & Olufsen and more who have integrated with WiSA technology for their premium TVs. Whether it be high-quality TVs or speaker systems, LG brings unmatched entertainment straight to any living room and remains a leader in integrating immersive audio connectivity. All WiSA Ready™ LG TVs easily connect to WiSA USB Transmitters, allowing seamless audio and control communication with all WiSA Certified™ spea
WiSA Member Foxconn Demos Sharp 120-Inch 8K TV with WiSA SoundSend and Wireless Audio Speaker System at Appliance & Electronics World Expo – Consumer Electronics Net
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Hisense TVs Certified WiSA Ready™, WiSA s Interoperability Standard Becoming Must-Have Feature for Smart TVs
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WiSA Ready™ 4K UHD Smart Projector from LG Electronics Now Available in United States
March 12, 2021 GMT Wireless Technologies (NASDAQ: WISA), today announced that Association member LG Electronics ’ AU810PB 4K UHD Smart Dual Laser CineBeam Projector, notably the first WiSA Ready™ projector to be introduced to the market, is now available to custom installers and consumers for $3,999 US MSRP via authorized LG dealers.
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(Photo: Business Wire)
Being the first of its kind with WiSA Ready capabilities, LG’s CineBeam model can easily connect to WiSA USB Transmitters, allowing seamless wireless audio and control communication with all WiSA Certified™speakers. In addition to its wireless audio capabilities, the projector boasts a wide range of projection size flexibility, offering a compact 40-inch projection size all the way to a 300-inch projection. These options all
1 month ago
Q4 2020 Revenue Increased 141% Year-over-Year to a Record $1.0 Million; Operational Execution Drives Gross Margin Improvement to 24% from 17% in Q3 2020
SAN JOSE, Calif.–(BUSINESS WIRE)–Summit Wireless Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, provided an update for the fourth quarter ended December 31, 2020.
Q4 2020 Financial Highlights:
Revenue increased 141% to over $1.0 million, compared to $430,000 in the fourth quarter of 2019.
Gross margin expanded to 24%, compared to 17% in the third quarter of 2020.
Cash and cash equivalents of $7.4 million at December 31, 2020, compared to $298,000 at December 31, 2019.
Q1 2021 Financial Guidance:
Gross margin expected to be in mid-20s range.