DSP Group Ships 100 Million SmartVoice SoCs

October 13 2020, 00:25
Demonstrating the importance of voice as a user interface in applications ranging from smartphones, tablets and laptops/PCs, to the smart home, wearables, and all types of connected devices, DSP Group announced it has shipped its 100 millionth SmartVoice system-on-chip (SoC), marking a major milestone in the journey of voice user interfaces (VUIs) from a novelty to a necessity. This milestone is testimony to the importance DSP Group’s customers, including Google, Amazon, Facebook, GoPro, Logitech, Samsung, Lenovo, and Leviton all place on end-user VUI experience.

DSP Group is a recognized global provider of wireless and voice-processing chipset solutions for converged communications, and the voice assistant market in a state of accelerated adoption. VynZ Research projects a 30.5% CAGR between 2020 and 2026, just in components and voice solutions for natural language processing (NLP), speech recognition, voice recognition, and text to speech. And reliability is considered a critical requirement for this growing market. “It doesn’t matter if it’s for a stove, a set-top box or a smart speaker, voice UIs have to be bulletproof or consumers won’t trust them or use them,” says Mike Feibus, President and Principal Analyst at FeibusTech.

"SmartVoice was launched less than five years ago and has quickly emerged as the go-to platform for voice user interfaces across such a broad spectrum of customers and applications, covering home and office electronics, hearable and wearable products, as well as for security and industrial use cases," says Ofer Elyakim, CEO of DSP Group. "I am extremely grateful to our customers for choosing us as a partner for such a critical element of the end-user product experience and I congratulate our own hardware, software, technical support and sales teams for their innovation and dedication toward achieving the 100 million milestone. As voice, AI, and sensor fusion continue to grow, I believe we are barely scratching their potential."

At the core of DSP Group’s SmartVoice technology are a suite of low-power, multi-core SoCs that include dedicated artificial intelligence (AI) and machine learning (ML) accelerators. These are supported by the company’s HDClear voice algorithms as well as partners' algorithms. Together they enable accurate and reliable Always-On voice trigger with minimal power consumption, as well as voice command and automatic speech recognition (ASR) for local and/or cloud-based processing. SmartVoice is particularly adept at noise suppression, acoustic echo cancellation (AEC), beamforming, barge-in, and other voice processing features that enhance both near-field and far-field performance. The AI/ML features both enhance voice processing accuracy and adaptability, while also enabling voice call and sensor fusion for multi-input sensor applications, including sound event detection (SED).

DSP Group recently appointed Tali Chen as its Chief Business Officer. In her expanded role, Ms. Chen will lead DSP Group’s global sales force, FAE teams and corporate marketing and will continue to report to Ofer Elyakim, DSP Group’s CEO.

Ms. Chen brings more than 15 years of executive management experience in the semiconductor industry. In her multifaceted role as Chief Marketing Officer, she transformed DSP Group’s corporate marketing and communications, re-established DSP Group’s U.S. presence, led the company’s Smart Home business development, drove its IoT strategy and won major strategic business.

"We are delighted that Tali has accepted the position of Chief Business Officer," says Elyakim. "She is a natural leader, and we are confident that her passion, industry knowledge, and outstanding track record will enable her to have an enormous impact on our go-to-market strategy, while continuing to deepen our valuable long-term relationships with customers worldwide. Along with her other accomplishments, Ms. Chen made ULE the technology of choice for the burgeoning smart home and smart security markets, tapping into a 400 million unit market opportunity, while playing a critical role in our transformation into a leading voice, AI, and IoT technology company."

“I am honored and excited by the opportunity to lead DSP Group’s extraordinarily knowledgeable, dedicated, and supportive sales team at a time when we, and the industry in general, are looking for new ways to reinforce current relationships and develop new ones,” says Chen. "This is an exciting time for our Company as we constantly expand our suite of solutions for the Internet of Audio Things (IoAT), engaging the market with a multitude of differentiated solutions. I look forward to meeting with our partners and customers as soon as possible, across multiple channels, to discuss their challenges and the broad portfolio of solutions we now offer for next-generation voice, audio, and AI at the edge."
DSP Group's CEO, Ofer Elyakim, joined by members of the Company’s Board, management and team ring the Nasdaq Stock Market opening bell on June 6, 2019.
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