Mission Statement, Vision, & Core Values (2024) of WiSA Technologies, Inc. (WISA)

Mission Statement, Vision, & Core Values (2024) of WiSA Technologies, Inc. (WISA)

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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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