ST. PAUL, Minn., Sept. 17, 2024 /PRNewswire/ -- , a wholly-owned subsidiary of , announced on September 11, 2024, the acquisition of For more than four decades, Intricon Inc. has been a pioneer in the hearing health industry, specializing in the design, development, and manufacturing of advanced hearing solutions across the United States, Asia, and Europe. Their leadership in hybrid chip technology has established them as a key player in the global hearing device market, driving innovation and setting new standards in hearing health care. Through this acquisition, seeks to integrate advanced algorithms and technologies into the OTC hearing aid market. By harnessing expertise and global reach, aims to expand on legacy, driving further innovation to better serve the evolving needs of the industry. Shine Wang, CEO of Jinghao Medical, shared: We are excited to announce the acquisition of Intricon's hearing assets. With this strategic move, is furthering its vertical integration to enhance our expertise in firmware and algorithm development, creating even more advanced hearing aid technology. has made significant contributions to the hearing industry, and with the acquisition complete, will place an even stronger focus on advancing hearing technologies. Dr. XIONG Zhihui, CEO of , shared: "We are pleased to support the hearing market through our acquisition of Intricon's hearing assets. Our continued focus on advancing audiology algorithms, firmware, and hybrid hearing-aid chips, combined with Intricon's 47 years of proven expertise, positions to deliver even more innovative and high-quality hearing solutions to the industry." Media contact: inHearing Technology Inc Address: 2038 Ford Pkway 508, Saint Paul, MN 55116 Phone: +1 (651) 369-9360 Fax: +1 (651) 661-7719 SOURCE Huizhou Jinghao Medical Technology Co., Ltd