- Summit Wireless Technologies is the developer behind the revolutionary wireless audio standard named WiSA, which enables an ultra high-fidelity, low-latency home theater without any speaker wires.
- Competing bluetooth and Wifi systems have horrible latency and sync issues. But until recently WiSA awareness was negligible, WiSA products were scarce, and compatible TVs were just being introduced.
- Summit Wireless just introduced a game-changing device allowing almost ANY smart TV to be paired with WISA speakers, increasing the market by 40 times overnight, to 800 Million smart TVs.
- The company's stock has been battered mercilessly, but now industry trends, product introductions, competitive pricing and manufacturer support for the WiSA standard are all coming together, promising to make this a breakout quarter for Summit Wireless, just in time for the holidays.
For further details see:
Summit Wireless Technologies: This Beaten-Down Leader Of The Wireless Speaker Revolution Is Ready To Sing