The acquisition combines SoundChip’s capabilities in hybrid ANC with DSP Group’s SmartVoice advanced low-power voice processing platform, algorithms, and mixed-signal expertise.
DSP Group’s technologies have recently been adopted by Google, Panasonic and Technics in their latest TWS headset models - Google’s Pixel Buds 2+ and Panasonic TWS earbuds.
The acquisition, alongside those strategic customer wins, is a milestone for DSP Group as a provider of technology and expertise for smart hearables, a market that is expected to grow rapidly according to research from Strategy Analytics.
The total market for TWS units is expected to grow from 170 million units in 2019 to 1.2 billion units by 2024, representing an $8 billion total addressable market.
