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The latest update is out from Audeara Ltd. ( (AU:AUA) ).
Audeara Ltd. has secured a significant chip-level AI audio licensing agreement with Optek Microelectronics, a leading SoC design company in China. This deal allows Audeara’s proprietary audio processing algorithms to be integrated into Optek’s SoC platforms, expanding Audeara’s market reach by embedding its technology at the silicon level in global product platforms. The agreement is expected to be revenue-generative for Audeara on a fee-per-chip basis, enhancing its industry positioning and supporting its strategy to expand the adoption of its algorithms across global OEM and ODM partners.
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 Ltd. operates in the audio technology industry, specializing in advanced audio processing technologies. The company focuses on developing proprietary algorithms for AI noise reduction and media personalization, aiming to enhance audio experiences across consumer and professional electronics.
Average Trading Volume: 385,964
Technical Sentiment Signal: Buy
Current Market Cap: A$7.24M
See more insights into AUA stock on TipRanks’ Stock Analysis page.