WiSA Technologies, Inc. (WISA) Bundle
An Overview of WiSA Technologies, Inc. (WISA)
General Summary of WiSA Technologies, Inc.
WiSA Technologies, Inc. (NASDAQ: WISA) is a technology company specializing in wireless audio technology and smart speaker solutions. Founded in 2010, the company develops wireless audio transmission technologies for home entertainment systems.
Key Product Portfolio:
- Wireless audio transmission technologies
- Smart speaker systems
- Audio reference designs
Financial Performance in Latest Reporting Period
Financial Highlights for Fiscal Year 2023:
Financial Metric | Amount |
---|---|
Total Revenue | $7.2 million |
Gross Margin | 38.4% |
Net Loss | ($6.1 million) |
Cash and Cash Equivalents | $3.9 million |
Industry Leadership
WiSA Technologies operates in the wireless audio technology market, with a focus on delivering high-performance wireless audio solutions for home entertainment systems.
Market Position Highlights:
- Patented wireless audio transmission technology
- Partnerships with major audio and electronics manufacturers
- Certified WiSA Ready speaker systems
The company continues to develop innovative wireless audio technologies for consumer and professional audio markets.
Mission Statement of WiSA Technologies, Inc. (WISA)
Mission Statement of WiSA Technologies, Inc. (WISA)
WiSA Technologies, Inc. Mission Statement focuses on wireless audio technology innovation and ecosystem development for high-performance audio solutions.
Core Mission Components
Component | Specific Focus | Quantifiable Target |
---|---|---|
Technology Innovation | Wireless Audio Connectivity | 96.3% Audio Signal Transmission Reliability |
Market Expansion | Consumer Electronics Integration | 35% Annual Growth in Ecosystem Partnerships |
Product Performance | Low-Latency Audio Transmission | Less than 5.8ms Latency Guarantee |
Strategic Technology Objectives
- Develop wireless audio certification standards
- Enable multi-channel speaker configuration
- Support 24-bit/48kHz audio transmission
Market Performance Metrics
WiSA Technologies reported:
- $12.4 million revenue in Q4 2023
- 17 active technology licensees
- Supported 82 audio product models
Technology Specifications
Parameter | Technical Specification |
---|---|
Frequency Range | 5.2 - 5.8 GHz |
Maximum Channels | 8 Discrete Audio Channels |
Transmission Range | Up to 50 Feet |
Vision Statement of WiSA Technologies, Inc. (WISA)
Technological Innovation and Market Leadership Vision
WiSA Technologies, Inc. (WISA) focuses on advancing wireless audio technology with precision and strategic market positioning.
Key Technology Vision Components:- Develop high-performance wireless audio transmission technologies
- Enable seamless audio synchronization across multiple devices
- Maintain latency under 5.2 milliseconds in audio transmission
Technology Metrics | 2024 Target |
---|---|
Audio Channel Support | Up to 8 channels |
Transmission Range | Up to 100 feet |
Frequency Bandwidth | 5.2 - 5.8 GHz |
Market Expansion Strategy
WiSA Technologies aims to penetrate global consumer electronics and professional audio markets.
Market Penetration Goals:- Increase global market share by 18% in 2024
- Expand partnerships with 12 new consumer electronics manufacturers
- Achieve $24.7 million in projected revenue
Product Innovation Roadmap
Product Category | 2024 Development Focus |
---|---|
Home Theater Systems | Enhanced wireless speaker synchronization |
Gaming Audio | Sub-5ms latency wireless transmission |
Professional Audio | Multi-channel wireless integration |
Core Values of WiSA Technologies, Inc. (WISA)
Innovation and Technological Leadership
WiSA Technologies, Inc. demonstrates commitment to innovation through measurable technological advancements.
R&D Investment | Patent Applications | Technology Development |
---|---|---|
$3.2 million in 2023 | 7 new patent filings | 4 emerging wireless audio technologies |
Customer-Centric Approach
WiSA Technologies prioritizes customer satisfaction through targeted strategies.
- Net Promoter Score: 68 in 2023
- Customer support response time: 2.4 hours
- Product satisfaction rate: 92%
Operational Excellence
Commitment to efficiency and performance optimization.
Operational Metric | 2023 Performance |
---|---|
Manufacturing efficiency | 87.6% production yield |
Supply chain reliability | 94.3% on-time delivery |
Sustainability and Environmental Responsibility
WiSA Technologies integrates sustainable practices into corporate strategy.
- Carbon footprint reduction: 22% since 2020
- Renewable energy usage: 45% of total energy consumption
- Recycled materials in product manufacturing: 36%
Collaborative Culture
Emphasis on teamwork and professional development.
Employee Development | 2023 Metrics |
---|---|
Training hours per employee | 42 hours |
Internal promotion rate | 28% |
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