DTS Announces Strategic Alliance with LG Electronics to Enable Enhanced Audio Experience in LG’s Full Line of Home Entertai...
October 07 2014 - 8:00AM
Business Wire
Long-Term Global Agreement to Integrate LG’s
Connected 4K TVs, Sound Bars, AVRs, PCs and Digital Media Players
with the DTS-HD Decoder
DTS, Inc. (Nasdaq: DTSI), a leader in immersive audio solutions
and next-generation audio enhancement technologies, today announced
a worldwide strategic alliance with LG Electronics to incorporate
DTS premium audio technology in LG’s complete lineup of home
entertainment products such as connected 4K TVs, sound bars,
audio-video receivers and digital media players.
Specifically, LG will incorporate the DTS-HD decoder into its
products, enabling full compatibility with all DTS audio formats up
to 11.1 channels and supporting DTS Digital Surround™, DTS Coreless
Lossless, DTS Express™ and DTS-HD Master Audio™.
“This agreement marks a significant expansion in delivering DTS’
premium audio to more LG products and more customers worldwide,”
said Jea Yoo, president, DTS Korea. “We are here to fully support
LG’s dedication to providing their customers with products that
deliver the best sound quality, and look forward to working
together in bringing to market next-generation products that
provide a breathtaking entertainment experience.”
The DTS-HD decoder was designed from the ground up to
support streaming media and over-the-top content delivered in
various popular profiles of the DTS-HD codec. Additionally, the
DTS-HD decoder was designed for seamless compatibility with DTS’
legacy audio technology formats found on physical disc media, such
as DVD and Blu-ray™.
“Our strategic alliance with DTS ensures that our newest
products will offer consumers a home entertainment experience that
will sound as good as it looks,” said Jeong-hwan Lee, executive
vice president, LG Electronics. “DTS audio technology will ensure
that we are able to deliver an audio experience that exceeds the
expectations consumers have of our industry-leading OLED and 4K
Ultra HD TVs, digital players and audio systems.”
“This strategic alliance demonstrates LG’s commitment to
incorporating the industry’s most advanced entertainment solutions,
allowing them to provide their customers with products that deliver
incredible entertainment values,” said Brian Towne, president of
Asia Pacific and executive vice president, DTS. “The agreement
provides LG with access to the latest advances in audio technology,
enabling them to meet the ever rising consumer expectations for
experiencing immersive entertainment content at home.”
LG Electronics, Inc. is a $53 billion global force and
technology leader in consumer electronics, home appliances and
mobile communications. For more information, please visit
www.lg.com.
For more information about DTS, please visit www.dts.com, or
connect with DTS on Facebook and Twitter (@DTS_Inc).
About DTS, Inc.
DTS, Inc. (Nasdaq: DTSI) is a premier audio solutions provider
for high-definition entertainment experiences—anytime, anywhere, on
any device. DTS’ audio solutions enable delivery and playback of
clear, compelling high-definition audio, which is incorporated by
hundreds of licensee customers around the world, into an array of
consumer electronic devices. From a renowned legacy as a pioneer in
high definition multi-channel audio, DTS became a mandatory audio
format in the Blu-ray Disc™ standard and is now increasingly
deployed in enabling digital delivery of compelling movies, music,
games and other forms of digital entertainment to a growing array
of network-connected consumer devices. DTS technology is in car
audio systems, digital media players, DVD players, game consoles,
home theaters, PCs, set-top boxes, smart phones, surround music
content and every device capable of playing Blu-ray™ discs. Founded
in 1993, DTS' corporate headquarters are located in Calabasas,
California. DTS also has offices in Los Gatos and Santa Ana,
California, Washington, China, France, Hong Kong, Ireland, Japan,
Singapore, South Korea, Taiwan and the United Kingdom. Copyright
2014, DTS, Inc. DTS, the Symbol, and DTS and the Symbol together
are registered trademarks of DTS, Inc. All other trademarks are the
properties of their respective owners. All rights reserved.
SOURCE: DTS, INC.DTS-C
Global Results Communications, Inc.Mike Kilroy and Valerie
Christopherson949-608-0276dts@globalresultspr.com
Dts, Inc. (NASDAQ:DTSI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Dts, Inc. (NASDAQ:DTSI)
Historical Stock Chart
From Jul 2023 to Jul 2024
