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The latest announcement is out from Audeara Ltd. ( (AU:AUA) ).
Audeara Limited announced a clarification regarding its recent chip-level AI licensing agreement with Optek Microelectronics Co., Ltd. The agreement involves licensing Audeara’s proprietary AI audio algorithms and other audio technologies, but the company confirmed that no revenue has been generated from this deal to date, nor is its financial impact currently predictable. While the agreement lacks a definitive term, Audeara views it as an opportunity to explore further collaborations with Optek. The development reflects the company’s ongoing commitment to leveraging its audio innovations within the global market.
The most recent analyst rating on (AU:AUA) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Audeara Ltd. stock, see the AU:AUA Stock Forecast page.
More about Audeara Ltd.
Audeara Limited (ASX: AUA) is a global leader in the hearing health industry, specialising in innovative listening solutions tailored for individuals with hearing challenges. The company designs and engineers state-of-the-art audio products in Australia, creating personalised listening experiences to enhance quality of life. Audeara’s products are distributed through various channels, including resellers and e-commerce, across Australia, Europe, Asia, and North America.
Average Trading Volume: 395,870
Technical Sentiment Signal: Buy
Current Market Cap: A$7.42M
See more data about AUA stock on TipRanks’ Stock Analysis page.