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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen12/8/2016 3:47:50 PM
   of 1084
 
The Hottest Trend in Electronics Just May Surprise You



All of the major consumer electronics companies have a product push tied to voice-assist technology. Apple was one of the pioneers with Siri, but others have recently unveiled major innovations.Amazon.con, Inc's ( AMZN ) desktop speaker, Alexa, takes voice commands for everything from music to internet searches. Alphabet Inc's ( GOOGL ) Home can control the smoke alarm, andMicrosoft Corporation's ( MSFT ) Cortana can text your contacts with directions.

The trend toward voice-assist interaction in consumer electronics wouldn't be possible without micro-electromechanical systems (MEMS) microphones. New products are incorporating more microphones to improve clarity and recording when sound comes from different directions. There was just one microphone in the first iPhone, but there were four in the iPhone 6s. Motorola's Droid Turbo has five mics, and Amazon's smart speaker Echo has seven.

Knowles Corp ( KN ) is the runaway leader in the space, with 59% of the MEMS microphone market, and is a supplier to Apple, Samsung and Amazon. The company has been making audio electronics for over 70 years, and was spun off from Dover Corporation in 2014.

http://www.nasdaq.com/article/the-hottest-trend-in-electronics-just-may-surprise-you-cm675240
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