Sunplus And Ceva Expand Collaboration To Bring Bluetooth Audio To The Airlyra SoC Family For Wireless Speakers, Soundbars And Other Wireless Audio Devices
Portfolio Pulse from Benzinga Newsdesk
Sunplus Technology Co., Ltd. and CEVA, Inc. have expanded their collaboration to integrate Bluetooth audio into the Airlyra SoC family. This integration aims to enhance wireless speakers, soundbars, and other wireless audio devices with advanced audio features.
January 10, 2024 | 12:01 pm
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CEVA, Inc.'s partnership with Sunplus to integrate Bluetooth audio into the Airlyra SoC family may lead to increased adoption of CEVA's technology in wireless audio devices.
The expanded collaboration with Sunplus is likely to increase the adoption of CEVA's Bluetooth audio technology, which could lead to higher royalty revenues. The focus on wireless audio devices, a growing market segment, suggests a positive impact on CEVA's short-term stock performance.
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IMPORTANCE 70
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