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 Team
Established in 1998, Symmetry Electronics is a focused global distributor of wireless connectivity solutions, sensors, and audio-video technologies. Offering comprehensive design support and available-to-ship inventory, Symmetry is committed to helping engineers accelerate time to market, reduce costs, and offer modern solutions for their IoT designs. Acquired by Berkshire Hathaway company, TTI, Inc. in 2017, Symmetry Electronics is part of the Exponential Technology Group (XTG) – a supergroup of electronic component distributors and engineering services firms working together to advance the electronics industry. For more information, visit www.symmetryelectronics.com.