Symmetry Electronics Announces Global Franchise Agreement with DSP Group
Los Angeles, CA (May 16, 2018) – Symmetry Electronics, a leading global distributor of wireless and video technologies, announced today the company has signed a distribution agreement with DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of wireless chipset solutions for converged communications. As part of the agreement, Symmetry is franchised to distribute DSP Group’s entire line of products to its global customers.
As a member of the TTI Semiconductor Group (TSG)., Symmetry Electronics specializes in wireless, IoT and video technologies, providing OEMs with a focused and curated line card. By adding DSP Group’s offering of low-power Digital Signal Processors (DSP), HDClear™, video and VoIP technologies, and wireless chipsets integrating DECT/CAT-iq, ULE, and Wi-Fi, Symmetry is fulfilling its commitment to its customers, providing a ready-to-ship inventory of high-quality video, audio, and wireless solutions.
DSP Group enables OEMs/ODMs, consumer electronics manufacturers and service providers to cost-effectively develop new revenue-generating products with fast time-to-market, delivering semiconductor system solutions with software and hardware reference designs.
“The addition of DSP Group’s innovative products to our focused line card reflects our commitment to provide the best in wireless, IoT and video,” said Mark Zack, Vice President and General Manager of Symmetry Electronics. “We look forward to fostering a strong partnership with DSP Group.”
“We are excited to partner with Symmetry to further extend our worldwide distribution network and reach more customers in need of innovative semiconductor solutions to power their products,” commented Sai Yelisetty, VP US Sales at DSP Group. “The reputation of Symmetry and their product line card positions our products in a portfolio with some of the most influential brands making waves in the IoT, wireless, voice and video space and we are proud to be represented by this top-notch distributor. We look forward to a successful partnership with Symmetry for years to come.”
For more information about DSP Group or its line of Voice, Home Automation, Security, ULE and IoT products, please visit the company’s website at http://www.dspg.com/products/
To learn more about Symmetry Electronics, visit: https://www.symmetryelectronics.com/
About Symmetry Electronics
In July 2017, Symmetry Electronics was acquired by TTI, Inc., a Berkshire Hathaway company. As an authorized global semiconductor distributor offering technical support, sales and distribution of wireless and video technologies, Symmetry has been selling electronic components since 1998. It serves customers with a worldwide sales and engineering team delivering technical services alongside an e-commerce experience. With its focused line card, growing inventory and unsurpassed technical support, Symmetry strives to support design engineers and buyers throughout the design cycle. The company is headquartered in Los Angeles with international offices in Mexico, Brazil, Canada and China. For more information about Symmetry Electronics, visit www.symmetryelectronics.com.
About DSP Group
DSP Group®, Inc. (NASDAQ:DSPG) is a leading global provider of wireless chipset solutions for converged communications. Delivering semiconductor system solutions with software and hardware reference designs, DSP Group enables OEMs/ODMs, consumer electronics (CE) manufacturers and service providers to cost-effectively develop new revenue-generating products with fast time to market. At the forefront of semiconductor innovation and operational excellence for over two decades, DSP Group provides a broad portfolio of wireless chipsets integrating DECT/CAT-iq, ULE, Wi-Fi, PSTN, HDClear™, video and VoIP technologies. DSP Group enables converged voice, audio, video and data connectivity across diverse mobile, consumer and enterprise products –from mobile devices, connected multimedia screens, and home automation & security to cordless phones, VoIP systems, and home gateways. Leveraging industry-leading experience and expertise, DSP Group partners with CE manufacturers and service providers to shape the future of converged communications at home, office and on the go. For more information, visit www.dspg.com.