Transforming TV Sound: Dolby Atmos FlexConnect Debuts In TCL's 2024 Lineup
Portfolio Pulse from Nabaparna Bhattacharya
Dolby Laboratories (NYSE:DLB) has launched Dolby Atmos FlexConnect, a new TV sound system with wireless speakers. TCL will be the first television brand to implement this technology in its 2024 TV lineup. Dolby and TCL will showcase the new technology at IFA, powered by MediaTek's Pentonic Smart TV series chipset. Dolby's shares are trading higher by 1.24% to $84.66.
August 28, 2023 | 5:09 pm
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Dolby Laboratories has launched a new product, Dolby Atmos FlexConnect, which is being adopted by TCL for its 2024 TV lineup. This has resulted in a 1.24% increase in Dolby's share price.
The launch of a new product, especially one that is being adopted by a major brand like TCL, is positive news for Dolby Laboratories. This is likely to have contributed to the increase in Dolby's share price.
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IMPORTANCE 75
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