DSP Strengthens its Position by Buying SoundChip SA

DSP Group, an Israeli leading global manufacturer of chipset solutions for wireless headsets, has announced that it has bought SoundChip SA. SoundChip SA is one of the leading manufacturing companies of Active Noise Cancellation (ANC) technology in the world. Besides, SoundChip SA also manufactures design tools, production-line test systems, and engineering services for headsets. The acquisition is seen as a positive sign for the combination of 

 

DSP’s SmartVoice™ advanced low-power voice processing platform, mixed-signal, and algorithms with hybrid ANC technology of SoundChip to further enhance the making and delivery of true wireless stereo (TWS) and cutting-edge wireless headsets for developing the concept of the headsets, their designing, and manufacturing. It is worth mentioning here that the latest technologies of DSP Group were recently adopted by Technics, Google, and Panasonic for the latest model of their TWS headsets.

 

The acquisition of SoundChip by DSP Group, along with the getting the trust of strategic customers, is a milestone for the company, and it has proven to be one of the best technology and services providing company for audio aiding devices. According to the market survey and analysis, the global market for TWS headsets is expected to grow from 170 million units to 1.2 billion units during the period 2019-2024, respectively. This can make the Total Addressable Market for DSP Group to grow to 8billion dollars.

 

The solutions of DSP Group for TWS wireless headsets are considered ideal as they come with low consumption of power, smaller footprints, and advanced algorithms that make hands free operation smooth and the artificial intelligence (AI) processing along with the strong Active Noise Cancellation chipset. Together, all these features provide longer talk times and playback times and make TWS headsets popular.