Skyworth Joins WiSA Association to Continue to Lead TV Industry

SAN JOSE, Calif. (July 22, 2020) — The Wireless Speakers and Audio Association (WiSA® LLC) is an initiative of Summit Wireless Technologies (NASDAQ: WISA) and a portfolio of more than 60 leading consumer electronics companies An industry association composed of brands, the organization announced today that Skyworth Group Co., Ltd. (Hong Kong stock code: 00751) has become its newest member. As a leader in the TV industry and the largest TV manufacturer in China, Skyworth sells its products globally under its three brands, including SKYWORTH, Metz and Coocaa.

“We at the WiSA Association look forward to working with Skyworth,” said Tony Ostrom, President of the WiSA Association. “Skyworth Group is a fast-growing leader in the consumer electronics industry, dedicated to providing consumers with cost-effective technology products that bring joy to their lives.”

Wang Zhiguo, CEO and President of Skyworth TV, said: “At Skyworth, our team is always looking to bring convenience and ease of use to consumers with leading-edge technologies to provide consumers with a brighter experience for their entertainment. We are very proud to join the WiSA Association. , thereby joining the ranks of the world leaders in high-resolution audio.”

Skyworth Group provides a wide range of smart TVs, 4K smart TVs and OLED smart TVs. Other products of the group include Display equipment, digital set-top boxes, security monitors, network communication equipment, semiconductor products, refrigerators, washing machines, mobile phones and LED lighting equipment Wait.

About Skyworth

Skyworth Group Co., Ltd. (Hong Kong stock code: 00751) is a leading provider of original advanced and highly economical technology solutions, headquartered in Shenzhen, China’s “Silicon Valley”. Skyworth Group provides consumer Electronic products, Display equipment, digital set-top boxes, security monitors, network communication equipment, semiconductor products, refrigerators, washing machines, mobile phones and LED lighting equipment. Founded in 1988, the group has become one of the top five TV brands in the world, a market-leading brand in China’s display equipment industry, and one of the top three providers of Android TV platforms in the world.

About WiSA, LLC

Focused on wireless speakers and audio, the WiSA Association is a consumer electronics industry consortium dedicated to creating a set of interoperable standards to enable leading brands and manufacturers to deliver immersive sound from smart devices. Combination subsystems from any WiSA-certified member brand can be combined with each other to greatly enhance the enjoyment of systems for movies and video, music, sports, gaming/eSports, and more. WiSA also ensures reliable, high-resolution, multi-channel and low-latency audio while eliminating the complex setup of traditional audio systems.

About Summit Wireless Technology

Summit Wireless Technologies (NASDAQ: WISA) is a leading provider of immersive wireless sound technology for smart devices and next-generation home entertainment systems. By partnering with leading consumer electronics brands and manufacturers such as Harman International, a subsidiary of Samsung, LG Electronics, Klipsch, Bang & Olufsen, Microsoft’s Xbox subsidiary, and more, Summit Wireless provides a seamless dynamic audio experience for high-resolution content that supports Includes apps for movies and video, music, sports, gaming/esports, and more. Summit Wireless is a founding member of the WiSA Wireless Speakers and Audio Association and works with partners to promote the most reliable connectivity standards across the audio industry.

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