Company now building interoperable WiSA E
speaker ecosystem to support WiSA E-enabled HDTVs
WiSA Association, a subsidiary of WiSA Technologies, Inc.
(Nasdaq: WISA), announced today that the company has executed
licensing agreements with leading HDTV brands, covering 43% of the
HDTV market that uses the Android operating system. Android is the
most widely used operating system in HDTVs, powering over 37% of
all units - double the share of the second most popular OS1. Having
successfully licensed the vast majority of Android-based HDTVs, the
WiSA Association is actively building out the ecosystem of WiSA
E-enabled speaker systems to support its HDTV licensees in the same
way the association created a vibrant ecosystem of source and
speaker systems for its original WiSA HT wireless multichannel
audio technology.
“Our strategy has always been to saturate the market with WiSA
E-licensed TVs to drive demand for speaker companies,” said Tony
Ostrom, president of the WiSA Association. “That time has arrived.
We are now actively collaborating with speaker manufacturers to
develop an ecosystem of interoperable WiSA-E-based speaker systems
to support our HDTV licensees. This mirrors the success we’ve had
with over 25 companies implementing our earlier WiSA HT
technology.”
Although WiSA E can run on any HDTV OS, WiSA has focused its
initial offering on HDTVs that use the Android OS – the most
prevalent OS in the HDTV market with an estimated 72+ million of
the 195+ million HDTVs shipped annually. WiSA E includes a full
suite of audio features that define how audio should be experienced
across HDTVs, PTVs, soundbars, mobile devices, set-top boxes, and
speakers. WiSA E can be implemented across four HDTV SoC providers,
including Realtek, Amlogic, Mediatek, and Novatek, and can be
designed to be fully interoperable with WiSA-E enabled
speakers.
The WiSA Association is actively working with its 70+ members to
replicate the success of its widely acclaimed WiSA HT technology.
By building a large number of source devices, including HDTVs,
projectors, set-top boxes and dongles, capable of transmitting WiSA
E multichannel wireless audio signals, the association will have
created a vibrant market for speaker companies to build speakers
that interoperate with the WiSA E-enabled sources. Having focused
on the largest segment of the market – source devices that use the
Android operating system – the WiSA Association expects to
accelerate the adoption of complementary spatial audio formats such
as Dolby Atmos FlexConnect, DTS: X, and Google’s Immersive Audio
Model and Formats (IAMF) which all run seamlessly over the WiSA E
audio transport technology.
For more information about WiSA E technology or the WiSA E
licensing program, contact Tony Ostrom, president of the WiSA
Association at tostrom@wisatechnologies.com.
Find out more about the WiSA Association at
www.wisatechnologies.com
1Source: AVC Tracking Service: 2023
About the WiSA Association
WiSA® educates, evangelizes and promotes solutions for spatial
audio in the home. Working in collaboration with technology
developed by WiSA Technologies, Inc., WiSA Association engages with
leading consumer electronics companies, technology providers,
retailers, and ecosystem partners to make immersive audio an
experience everyone can enjoy. WiSA, LLC - the Wireless Speaker and
Audio Association - is a wholly owned subsidiary of WiSA
Technologies, Inc. For more information about WiSA, please visit:
www.wisatechnologies.com.
About WiSA Technologies, Inc.
WiSA Technologies, Inc. (NASDAQ: WISA) is a leading provider of
immersive, wireless sound technology for intelligent devices and
next-generation home entertainment systems. Working with leading CE
brands and manufacturers such as Harman International, a division
of Samsung; LG; Hisense; TCL; Bang & Olufsen; Platin Audio; and
others, the company delivers immersive wireless sound experiences
for high-definition content, including movies and video, music,
sports, gaming/esports, and more. WiSA Technologies, Inc. is a
founding member of WiSA™ (the Wireless Speaker and Audio
Association) whose mission is to define wireless audio
interoperability standards as well as work with leading consumer
electronics companies, technology providers, retailers, and
ecosystem partners to evangelize and market spatial audio
technologies driven by WiSA Technologies, Inc. The company is
headquartered in Beaverton, OR with sales teams in Taiwan, China,
Japan, Korea, and California.
Safe Harbor Statement
This press release contains forward-looking statements, which
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Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In some cases, you can
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version on businesswire.com: https://www.businesswire.com/news/home/20240731867083/en/
Investor: David Barnard, LHA Investor Relations,
415-433-3777, wisa@lhai.com
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