LG Innotek is one of the largest manufacturers of module level products for the consumer electronics and automotive industry, generating over $5 billion in annual revenues. The company confirms the new wireless module products will be used both internally within LG, as well as sold to consumer electronics companies worldwide, complementing the existing WiSA modules offered by Summit Wireless for OEM integration.
The initial transmitter and receiver module products by LG were already displayed in the WiSA Association suite at the CES 2015. “With over 35 brands now endorsing the WiSA Association, it is a perfect time for LG Innotek to enter the high volume wireless audio module product market,” said Mr. Seokdong Choi, NS Development Team Leader, LG Innotek. “We are developing a series of transmit and receive module based products that take advantage of our high quality design capabilities, advanced manufacturing technology and worldwide supply chain management.”
“LG Innotek entering the module market with WiSA compliant products marks a significant milestone in the adoption of the underlying wireless audio technology defined by the Association. Consumer electronics companies implementing systems using the WiSA compliance test specification will now be able to choose from multiple module suppliers, based on their specific product requirements,” said Tom Lee, president of the WiSA Association. “WiSA certified products are cost effective for entry-level wireless home theater systems and also produce amazing high resolution sound required for demanding high-end audiophile equipment.”
LG Innotek is a leading, cutting-edge electronics component manufacturer and an affiliate of the LG Group. LG Innotek, established in 1970, recorded sales of $5.7 billion in 2013 and employs 16,000 workers worldwide in 26 research, production and marketing centers. LG Innotek focuses on producing core materials and components for advanced technology sectors and its business units include mobile, automotive, display, network, LED and semiconductor.
www.lginnotek.com | www.wisaassociation.org