Ceva Wi-Fi 6 and Bluetooth IPs Power Bestechnic's New Combo Products
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Ceva, Inc. (NASDAQ: CEVA) has announced that Bestechnic will integrate Ceva's Wi-Fi 6 and Bluetooth IPs into new products targeting smart wearables, smart home, and smart audio applications. Bestechnic has shipped over 1 billion smart audio SoCs using Ceva's technology.
January 06, 2025 | 12:15 pm
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Ceva, Inc. has extended its partnership with Bestechnic to integrate its Wi-Fi 6 and Bluetooth IPs into new products, enhancing its presence in the smart wearables and smart home markets.
The partnership with Bestechnic, a major player in smart audio SoCs, is likely to boost Ceva's market presence and revenue potential in the smart technology sector. The integration of Ceva's IPs into Bestechnic's products suggests a strong demand and reliance on Ceva's technology, which is positive for its stock.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90