Summit Wireless Technologies (WISA) Stock Flies On LG News

Summit Wireless Technologies WISA Stock News

Summit Wireless Technologies Inc (NASDAQ: WISA) is making a run for the top in the market this morning, and for good reason. The company announced WiSA certification for new LG products. Here’s what’s going on:

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WISA Stock Climbs On LG Certification

In the press release, Summit Wireless Technologies announced WiSA Ready Certification for all four 2020 8K televisions in the LG lineup. These include LG OLED ZX and LG NanoCell NANO 99 series televisions.

With the announcement LG continues to support the WiSA Association and the integration of the WiSA Ready standard with their premium televisions. Ultimately, this solidifies LG’s position as a leader in integration of immersive audio connectivity.

In the release, the company said that all WiSA Ready LG TVs easilly connect to WiSA USB Transmitters. This allows for seamless audio and control communication with all WiSA Certified speakers as well as the simple creation of immersive home audio experiences.

The new 8K LG televisions models join LG OLED and LG NanoCell 4K models from 2019 and 2020, helping LG to grow their strong lineup of WiSA Ready models. Importantly, the new models come with a feature that allows ultimate control over audio. In fact, the user can adjust the output level of each audio channel to fine tune the audio system to the environment and the listener’s preferences.

In a statement, Tony Ostrom, President at WiSA, had the following to offer:

We are honored and excited to have these stunning new TVs sitting at the head of the WiSA Ready class. LG continues to solidify their leadership position as we see their TVs harness more and more capabilities and position themselves at the center of the home entertainment experience.

The above statement was followed up by Tim Alessi, head of product marketing at LG Electronics. Here’s what he had to say:

The LG OLED ZX and LG NanoCell NANO 99 TV models are redefining the top tier of home entertainment technology. These new TVs feature incredible 8K OLED and NanoCell technology housed in beautiful, modern designs and, with WiSA Ready technology, the ability to easily connect to amazing audio systems from multiple brands allowing users to immerse themselves in their favorite content.

This News Is Huge

Ultimately, this news is huge for Summit Wireless Technologies, its investors, and the WiSA Association as a whole. LG is one of the leading television manufacturers around the world. The fact that the company has signed on for its products to be WiSA Ready certified for the second year in a row further solidifies LG’s and WiSA’s position as a cornerstone in the evolution of home entertainment. All in all, this is a stock that’s well worth watching.

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