WiSA Association Quantifies Market Penetration of WiSA E - 43% of the Android-based HDTV Market Currently Licensed

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Company now building interoperable WiSA E speaker ecosystem to support WiSA E-enabled HDTVs

BEAVERTON, Ore., July 31, 2024--(BUSINESS WIRE)--WiSA Association, a subsidiary of WiSA Technologies, Inc. (Nasdaq: WISA), announced today that the company has executed licensing agreements with leading HDTV brands, covering 43% of the HDTV market that uses the Android operating system. Android is the most widely used operating system in HDTVs, powering over 37% of all units - double the share of the second most popular OS1. Having successfully licensed the vast majority of Android-based HDTVs, the WiSA Association is actively building out the ecosystem of WiSA E-enabled speaker systems to support its HDTV licensees in the same way the association created a vibrant ecosystem of source and speaker systems for its original WiSA HT wireless multichannel audio technology.

"Our strategy has always been to saturate the market with WiSA E-licensed TVs to drive demand for speaker companies," said Tony Ostrom, president of the WiSA Association. "That time has arrived. We are now actively collaborating with speaker manufacturers to develop an ecosystem of interoperable WiSA-E-based speaker systems to support our HDTV licensees. This mirrors the success we’ve had with over 25 companies implementing our earlier WiSA HT technology."

Although WiSA E can run on any HDTV OS, WiSA has focused its initial offering on HDTVs that use the Android OS – the most prevalent OS in the HDTV market with an estimated 72+ million of the 195+ million HDTVs shipped annually. WiSA E includes a full suite of audio features that define how audio should be experienced across HDTVs, PTVs, soundbars, mobile devices, set-top boxes, and speakers. WiSA E can be implemented across four HDTV SoC providers, including Realtek, Amlogic, Mediatek, and Novatek, and can be designed to be fully interoperable with WiSA-E enabled speakers.

The WiSA Association is actively working with its 70+ members to replicate the success of its widely acclaimed WiSA HT technology. By building a large number of source devices, including HDTVs, projectors, set-top boxes and dongles, capable of transmitting WiSA E multichannel wireless audio signals, the association will have created a vibrant market for speaker companies to build speakers that interoperate with the WiSA E-enabled sources. Having focused on the largest segment of the market – source devices that use the Android operating system – the WiSA Association expects to accelerate the adoption of complementary spatial audio formats such as Dolby Atmos FlexConnect, DTS: X, and Google’s Immersive Audio Model and Formats (IAMF) which all run seamlessly over the WiSA E audio transport technology.