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Summit Wireless Technologies to Host Fourth Quarter Update Conference Call on March 12th
March 02 2021 - 04:05PM
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 and founding member of the WiSA Association, announced management will hold a call to provide a business update including its fourth quarter results at 8:00 a.m. PT / 11:00 a.m. ET on Friday, March 12, 2021.
Shareholders and interested participants may listen to a live broadcast of the conference call by dialing 877-423-9813 or 201-689-8573 and referencing code 13716790 approximately 10 minutes prior to the start time. To bypass the operator and receive a call rather than dialing in, please use the following link approximately 15 minutes prior to the call. A live webcast of the call and accompanying slide presentation will be on the investor relations section of the company’s website at ir.summitwireless.com and available for approximately one year. An audio archive can be accessed for one week by dialing 844-512-2921 or 412-317-6671 and entering conference ID 13716790.
About Summit Wireless Technologies, Inc.
Summit Wireless 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 Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information, please visit: www.summitwireless.com.
© 2020 Summit Wireless Technologies, Inc. All rights reserved. Summit Wireless Technologies and the Summit Wireless logo are trademarks of Summit Wireless Technologies, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210302005982/en/
Kirsten Chapman, LHA Investor Relations, +1 415-433-3777, summit@lhai.com
Insiders buying! 9 Form 4's after hours!
https://ih.advfn.com/stock-market/NASDAQ/summit-wireless-technolo-WISA/news
Summit Wireless Technologies Presents Wireless Audio Design to Industry Display Leaders
February 08 2021 - 04:05PM
Business Wire
- WiSA’s Display Members Enables a Unique Window into Future Trends -
Summit Wireless Technologies, Inc. (NASDAQ:WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems and founding member of the WiSA Association, announced Tony Parker, VP New Business Development & Product Strategy and Founding Member, will present wireless audio design considerations for TVs and discuss WiSA interoperability at the SID – Society for Information Display on February 10th.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210208005777/en/
“Summit Wireless solves consumer challenges by delivering technologies that support interoperability, and deliver a reliable immersive experience,” said Parker. “Today’s thin TVs are central to explosive growth in home entertainment market. In 2021, almost all streaming services are delivering 5.1 multi-channel streaming content for the consumer’s enjoyment. Summit, as a founding member of WiSA, is leading the industry with solutions centered on the TVs central role for family entertainment whether they are embedded in the TV, incorporated in the User Interface, or external supplemental audio.”
Presentation
Wednesday, February 10, 2021
6:00 pm to 7:30 pm PST
Wireless Multi-Channel Home Theater Audio Design Considerations for TV Applications
Tony Parker, VP New Business Development & Product Strategy and Founding Member
Register
The presentation will review a simple checklist of system design considerations for wireless multi-channel home theater audio attachment to TVs. The talk will touch on connectivity, setup options and the necessary audio decode support. To conclude, the presenter will review key technology requirements for wireless audio transmission resulting in acceptable lip-sync, speaker sync, and RF performance and the importance of consumers expectations for interoperability (Wireless Speaker and Audio (WiSA) association).
About SID
The Society for Information Display (SID) is the only professional organization focused on the electronic display and visual information technology industries. In fact, by exclusively focusing on the advancement of electronic display and visual information technologies, SID provides a unique platform for industry collaboration, communication and training in all related technologies while showcasing the industry's best new products. The organization's members are professionals in the technical and business disciplines that relate to display research, design, manufacturing, applications, marketing and sales. To promote industry and academic technology development, while also educating consumers on the importance of displays, SID hosts more than 10 conferences a year, including Display Week, which brings industry and academia all under one roof to showcase technology that will shape the future. SID's global headquarters are located at 1475 S. Bascom Ave., Ste. 114, Campbell, CA 95008. For more information, visit www.sid.org.
About Summit Wireless Technologies, Inc.
Summit Wireless 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 Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information, please visit: www.summitwireless.com.
About WiSA, LLC
WiSA®, the Wireless Speaker and Audio Association, is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. WiSA Certified™ components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more. WiSA also combines robust, high definition, multi-channel, low latency surround sound with the simple setup of a soundbar. For more information about WiSA, please visit: www.wisaassociation.org.
© 2021 Summit Wireless Technologies, Inc. All rights reserved. Summit Wireless Technologies and the Summit Wireless logo are trademarks of Summit Wireless Technologies, Inc. The WiSA logo, WiSA, WiSA Ready, and WiSA Certified are trademarks, or certification marks of WiSA LLC.
Safe Harbor Statement
This press release contains forward-looking statements, which are not historical facts, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Summit Wireless’ business including, current macroeconomic uncertainties associated with the COVID-19 pandemic, our ability to predict the timing of design wins entering production and the potential future revenue associated with our design wins; our rate of growth; our ability to predict customer demand for our existing and future products and to secure adequate manufacturing capacity; consumer demand conditions affecting our customer’s end markets; our ability to hire, retain and motivate employees; the effects of competition, including price competition; technological, regulatory and legal developments; developments in the economy and financial markets and other risks detailed from time to time in Summit Wireless’ filings with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210208005777/en/
Kirsten Chapman, LHA Investor Relations, 415.433.3777, summit@lhai.com
I picked up some shares of WISA at 3.65. Happy to do so, but kind of surprised they fell back out of the 4s after all of the positive news regarding revenue growth and guidance. I figured the stock price would hover around in the 4s until the next bit of positive news came out. I haven't really examined the numbers on this company, but just from what I've read, it sounds so promising. Be interesting to see where this goes in the coming weeks/months. I hope we wake up to another surprise announcement soon...but I guess it really wouldn't surprise me. GLTA
$WISA is screaming for the top in the premarket hours this morning after the comapny announced preliminary revenue results and guidance. https://cnafinance.com/wisa-stock-summit-wireless-technologies-sees-strong-revenue-growth/
$WISA is headed for the top as consumer awareness and adoption of the company's ecosystem hits record highs. https://cnafinance.com/wisa-stock-summit-wireless-brings-the-masses-into-its-ecosystem/
First Complete Home Cinema Bundles with Hisense TVs, WiSA SoundSend Wireless Audio Transmitter & Platin Audio 5.1 Speakers Av...
January 08 2021 - 07:00AM
Business Wire
Electronic Express now retailing the first complete home cinema system bundles featuring WiSA Certified™ audio components and Hisense 4K TVs for truly immersive theater experiences in the home
WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced that consumer electronics retailer Electronic Express is now offering multiple home cinema bundles complete with smart TVs from WiSA member Hisense, the newly launched WiSA SoundSend audio transmitter, and the WiSA Certified™ Monaco 5.1 home cinema speaker system with virtual Dolby Atmos capabilities. The bundles start as low as $999.95 (US MSRP) and are now available for purchase directly from Electronic Express.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210108005031/en/
(Photo: Business Wire)
(Photo: Business Wire)
“We’re excited to deliver groundbreaking offers with WiSA speaker products, like the unique and affordable Hisense TV bundle options with Platin Monaco and the WiSA SoundSend,” said Abe Yazdian of Electronic Express. Aasma Shrestha of Electronic Express also noted, “WiSA is becoming a growing home cinema category based on the Association’s work with leading WiSA member brands like Hisense, Klipsch, Enclave and Platin Audio whose products are popular on ElectronicExpress.com.”
For the first time, consumers can purchase complete home theater systems with robust WiSA Certified wireless audio and the stunning visual clarity and content accessibility of a 4K smart TV that start at under $1,000 and offer savings ranging from $200 to $500. These tremendous value-meets-quality bundles are the first of their kind in the industry and enable anyone to own and experience amazing home cinema with immersive, theater-quality audio that can be set up in minutes.
Electronic Express is selling four bundles complete with Hisense 4K smart TVs ranging from 43-75 inches. The compact Monaco speakers from Platin Audio are Tuned by THX and perfectly combine high-definition audio quality, modern design and robust wireless audio connections. The included WiSA SoundSend audio transmitter works with any smart TV, including those from Hisense, via an ARC/eARC connection and wirelessly transmits high-resolution audio to the Monaco speakers. SoundSend transmits high-quality 24-bit/96kHz audio and decodes Dolby Digital, Dolby Digital+, Dolby TrueHD and Dolby Atmos audio. SoundSend also provides advanced tuning capabilities via a mobile application including My Zone which calibrates the home cinema system by adjusting the sound from each speaker to suit the room’s acoustics and create a sweet spot where the best possible sound can be experienced.
“WiSA is driven by interoperability and the easy creation of amazing entertainment experiences and these offerings are a testament to the continued category impact and innovation by the Association and our members,” said Tony Ostrom, President of WiSA. “We’re thrilled retailers like Electronic Express are embracing the market potential and appeal of these bundle opportunities to offer consumers a high fidelity audio experience with a simple connection to get the most from their movies, music, sports and games.”
About WiSA, LLC
WiSA®, the Wireless Speaker and Audio Association, is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. WiSA Certified™ components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more. WiSA also combines robust, high definition, multi-channel, low latency surround sound with the simple setup of a soundbar. For more information about WiSA, please visit: www.wisaassociation.org.
About Summit Wireless Technologies, Inc.
Summit Wireless 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 Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless, formerly named Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information about Summit Wireless Technologies, Inc., please visit: www.summitwireless.com.
* WiSA Ready TVs, gaming PCs and console systems are “ready” to transmit audio to WiSA Certified speakers when a WiSA USB Transmitter is plugged in and a user interface is activated through an APP or product design like LG TVs.
© 2020 Summit Wireless Technologies, Inc. All rights reserved. Summit Wireless Technologies and the Summit Wireless logo are trademarks of Summit Wireless Technologies, Inc. The WiSA logo, WiSA®, WiSA Ready™, and WiSA Certified™ are trademarks and certification marks of WiSA, LLC. Third-party trade names, trademarks and product names are the intellectual property of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210108005031/en/
Sarah Cox, Dittoe PR for WiSA, 765.546.1036, sarah@dittoepr.com
Keith Washo, WiSA Association, 984.349.272, kwasho@wisaassociation.org
$WISA is screaming for the top in the market this morning after the company announced the launch of an IoT transceiver. https://cnafinance.com/wisa-stock-summit-wireless-announces-iot-launch/
WiSA’s First Branded Product, SoundSend, Now Available for WiSA Partners, Distributors and Retailers
November 30 2020 - 07:00AM
Business Wire
SoundSend audio transmitter enables WiSA Certified™ speakers to instantly connect to Smart TVs, serves as a central device for seamless management of immersive home cinema media systems
WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), announced today that SoundSend, the Association’s first branded product, is now available at $179 US MSRP. Consumer Electronic brands can now offer audio enthusiasts smart surround sound 5.1 systems hard bundled with SoundSend or co-promote with premium audio speakers or TVs. Due to the expected high demand in its debut, WiSA partners are receiving the first product shipments before it is available in early December for individuals to purchase through Amazon, Newegg and other retailers. Consumers can expect Platin Audio to be the first WiSA member to deliver an all-in-one wireless audio system that includes SoundSend through its Tuned by THX™ Monaco 5.1 Immersive Wireless Home Audio System™.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201130005333/en/
No link to the video crayons.
* * $WISA Video Chart 11-10-2020 * *
Link to Video - click here to watch the technical chart video
yep, its been at that level, so its possible for it to go back to that especially with today's news.
Excellent weedtrader!
i like the 52 week range here! 19.70 52 wk high
WISA $5 TARGET PRICE WOOHOOOOOOOOOOOOOOO
Nice one Bankz!!!
added more WISA @ 2.82
Looks like we're gettin' 4 bucks today
Very nice weedtrader \m/
WISA $4 TARGET PRICE TODAY WOOHOOOOOOOOOOOOOOO
WiSA Member SKYWORTH Launches Metz Sculpture 1 TV and Speakers Featuring Integrated Wireless Audio Connectivity
August 25 2020 - 07:00AM
Business Wire
Leading TV manufacturer in China announces the world premiere of the Metz Sculpture 1 TV of the Black Label Sculpture Series, offering wireless audio capabilities
WiSA® LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), today announced that Association member SKYWORTH Group Limited (HKG: 00751), the largest TV manufacturer in China, has launched the Metz Sculpture 1 TV and speakers complete with wireless connectivity technology. As part of the Black Label Sculpture Series, this launch serves as Metz’s world premier product from the century-old luxury TV manufacturer now owned by SKYWORTH.
“The integration of WiSA wireless immersive sound technology into our Sculpture 1 TV is a key contributor to its position at the top of the premium TV space,” said Tony Wang, CEO and President of SKYWORTH. “Consumers want a perfect union of style, performance and simplicity, and that is exactly what we have achieved as beautiful design and game-changing technology have been brought together to create a truly amazing home entertainment system.”
The Metz Black Label appeals to the Chinese market’s high-end consumer group, offering a TV product line that delivers high definition, multi-channel wireless speaker connectivity for a luxurious, cinema-like experience at home along with amazing video quality and stunning design. The 77-inch Metz Sculpture 1 TV combines a 4K 120Hz OLED self-luminous screen, Chameleon AI image quality chip, 120Hz MEMC dynamic image compensation technology, and Dolby Vision® HDR imaging technology, and supports 3D LUT high-fidelity images on screen.
“This is a monumental time for WiSA member SKYWORTH, its Metz brand and the future functionality of televisions in the home,” said Tony Ostrom, President of WiSA. “The launch of the Metz Sculpture 1 Series gives a nod to the modern, aesthetically-pleasing minimalist nature of German design while providing wireless audio capabilities to create an astounding surround sound experience.”
Available to bundle with the Metz TV are the Sculpture 1 Klang surround speakers and Sculpture 1 subwoofer to create a 3.1 home theater system. The surround speakers feature two 3-inch full range drivers as well as a 1-inch high frequency driver. Offering up to 400 watts of power output, the Sculpture 1 subwoofer features a 10-inch low frequency driver, while the speakers within Sculpture 1 TV serve as the system’s center channel to create a true Wall of Sound experience.
After the user turns on the TV, they’ll witness a slim, main screen slowly rise, revealing an exquisite speaker that represents the classic design of Metz, showcasing unlimited, dynamic tension. Additionally, the minimalist concept of the Metz Sculpture 1 hides body writing, rids of the traditional TV remote controls and limits unnecessary buttons, ultimately highlighting the German quality in the remaining sleek details.
WiSA member SKYWORTH is the leading producer of TV products in China, marketing under four brands: SKYWORTH, Metz, Coocaa and Sinotec. WiSA Certification for the Metz Sculpture 1 TV and speakers is planned to be completed in the fourth quarter of 2020.
About SKYWORTH
SKYWORTH Group Limited (HKG: 00751) is a leading supplier of uniquely advanced and affordable technology solutions. Headquartered in Shenzhen, China’s “Silicon Valley,” SKYWORTH offers consumer electronics, display devices, digital set-top boxes, security monitors, network communication, semiconductors, refrigerators, washing machines, cell phones and LED lighting. Founded in 1988, it is now one of the top five color TV brands in the world, a leading brand in the Chinese display industry market and one of the top three global providers of the Android TV platform. For more information, please visit: https://www.SKYWORTH.net/global.
About WiSA, LLC
WiSA®, the Wireless Speaker and Audio Association, is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. WiSA Certified™ components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more. WiSA also ensures robust, high definition, multi-channel, low latency audio while eliminating the complicated set-up of traditional audio systems. For more information about WiSA, please visit: www.wisaassociation.org.
About Summit Wireless Technologies, Inc.
Summit Wireless 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 Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Summit Wireless, formerly named Summit Semiconductor, Inc., is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. For more information about Summit Wireless Technologies, Inc., please visit: www.summitwireless.com.
* WiSA Ready TVs, gaming PCs and console systems are “ready” to transmit audio to WiSA Certified speakers when a WiSA USB Transmitter is plugged in and a user interface is activated through an APP or product design like LG TVs.
© 2020 Summit Wireless Technologies, Inc. All rights reserved. Summit Wireless Technologies and the Summit Wireless logo are trademarks of Summit Wireless Technologies, Inc. The WiSA logo, WiSA®, WiSA Ready™, and WiSA Certified™ are trademarks and certification marks of WiSA, LLC. Third-party trade names, trademarks and product names are the intellectual property of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200825005324/en/
WiSA
Sarah Cox, Dittoe PR for WiSA
765-546-1036, sarah@dittoepr.com
WISA you got it!!!!I just DayTradedit Multiple from PreMkt for Massive ATM$
I entered it today on my MassiveTrader List...will Watch and See how Low it correct again today or the next Trading Days.
Good Fortune for you.
PS:NNDM on MassiveTrader List as weel.
WISA in my retirement account, but still looking for upside from these levels
WISA still looking for $3 test soon!
WISA I'm calling for $3 test soon folks glta!!!
Well WISA may still run to $3 but I jumped out with nice green from 2.22 to 2.71.
Watching for potential re-entry opp
WISA going to 3 bucks for sure glty
Thanks derk, now we just need the poppage & rockage to ensue over the next week to 10 days that's coming!
This WISA opportunity is exactly why I recently played SHIP from just under 13 and called it and sold it at 18.
When we have an opportunity to load these cheapies due to the offerings, we're loading with big money right glty!
WISA - Quarter Update In 16 Days - HIGH RISK HIGH REWARD
Summit Wireless Technologies Inc ., formerly Summit Semiconductor, Inc. is an early-stage company that develops and sells wireless audio integrated circuits for home entertainment and professional audio markets. The Company develops and provides semiconductors and wireless audio modules to consumer electronics companies, which transmits and receives audio directly to speakers. Its technologies focus on providing wireless, interference free and uncompressed high-definition audio signals. Its subsidiaries include Summit Semiconductor, Inc., Summit Semiconductor K.K., and WiSA , LLC.
Average Recommendation: BUY
Average Target Price: 4.00
P/E Current
-0.11
P/E Ratio (with extraordinary items)
-0.29
SHORT INTEREST
72.01K 07/15/19
This is a very risky trade, we recommend waiting on this one, maybe set alerts for close to the time of announcements. Clear direction in chart movement is required with tight-stops.
From $5 to a yearly low. $1.33 $5M Raise. Anyone know who might have been part of the raise? Idiots bought at $5. Were these idiots, or geniuses, who bought at $1.33?????????????
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