The global wearables market grew by 35.1% year-on-year in the third quarter to reach 125 million units, the technology analyst firm IDC says, adding that the surge was "driven by seasonality, new product launches, and the global pandemic".
India's true wireless stereo hearables market took off in the third quarter, with growth of 723% year-on-year, the technology analyst firm Counterpoint Research says, adding that this was one of the few segments that managed to defy the economic slowdown in the country.
Smart hearing solutions provider Nuheara has secured a $2 million (US$1.48 million) agreement for a phase two extension of a collaboration agreement with Hewlett Packard for works associated with the development and engineering of an ear bud variant specific to HP’s confidential use case.
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