Knowles Corporation is a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, serving the mobile consumer electronics, communications, medical, defense, automotive, and industrial markets.
Knowles Corporation focuses on the manufacture and sales of micro-acoustic, specialty components, and human interface solutions and offers products such as hearing aid components, micro-electro-mechanical systems, microphones and transducers, among others.
Founded in 1946 with its headquarters in the United States, the organization is currently headed by Jeffrey Niew who hass been CEO since 2013. Under his leadership, Knowles Corp has recorded a market cap of $2.05 billion; with its shares traded at around $22.37 with a P/E ratio of 19.14 and P/S ratio of 2.46.
Mr Jeffrey is on the Board of Directors at Knowles Corp., Advanced Diamond Technologies, Inc. and Knowles Electronics Holdings, Inc. He was previously employed as a Vice President by Dover Corp., a President & Chief Executive Officer by Dover Communication Technologies, Inc., a President & Chief Executive Officer by Knowles Electronics LLC, a Vice President & General Manager by Knowles Acoustics, and a Manager-Business Development by Littelfuse, Inc. He also served on the board at Qualtré, Inc, hence his high level of expertise in management. He received his undergraduate degree from the University of Illinois.
The company is focused on investing in high value solutions to diversify its revenue and increase exposure to high-growth markets. On the new developments ongoing in the company, “As voice has become a primary interface for mobile, ear, and IoT applications, we expect this acquisition to result in an immediate financial benefit from vertical integration and further enhance our leading position in the MEMS microphone market,” said Jeffrey Niew, president and chief executive officer of Knowles. “In addition to bringing in world-class mixed signal circuit design talent and IP, this transaction will provide significant cost synergies. We plan to leverage this ASIC design team and IP to develop innovative new products, further broadening our industry-leading portfolio of MEMS microphones.”