Adoption of Smart TVs and Smart Speakers/Displays Rises Above 50% During Pandemic

Market research firm Parks Associates released its latest Consumer Insights Dashboard, a new ongoing service that analyzes the firm's quarterly surveys of 10,000 US broadband households to track consumer adoption of home devices and services. Its Consumer Electronics Dashboard reveals that among the most commonly adopted CE device categories, smart TVs and smart speakers/displays showed significant growth during the COVID-19 pandemic. Smart TVs reached 56%, while smart speakers/displays reached 53%.

Bowers & Wilkins announced an exciting new development to its Formation wireless audio technology platform. Available now, the new Bowers & Wilkins Music App significantly increases the number of music-streaming services accessible to owners of Formation-enabled Bowers & Wilkins products. Available to both Android and iOS users, the App will initially offer support for Qobuz, TIDAL, TuneIn, Dash Radio, NTS Radio and SoundCloud, with more to be added in the coming months.

Xperi Holding Corporation (“Xperi”) announced that it has completed the merger of Xperi Corporation and TiVo Corporation, forming a new expanded digital entertainment technology platform and one of the industry’s largest and most diverse intellectual property (IP) licensing platforms. The combined company will operate a number of industry leading technology brands, including the TiVo brand for consumer-facing media and entertainment products.