Wed Sep 18 02:27:00 UTC 2024: ## Jinghao Medical Acquires Intricon’s Hearing Health Business

**ST. PAUL, Minn. – September 18, 2024** – Huizhou Jinghao Medical Technology Co., Ltd. has announced the acquisition of Intricon’s Hearing Health Business, a move that strengthens Jinghao’s position in the global hearing device market.

Intricon, a leader in the hearing health industry for over four decades, boasts expertise in designing, developing, and manufacturing advanced hearing solutions. Their innovative hybrid chip technology has solidified their status as a key player in the industry, driving innovation and setting new standards in hearing healthcare.

Jinghao Medical’s acquisition aims to integrate Intricon’s advanced algorithms and technologies into the over-the-counter (OTC) hearing aid market. By leveraging Intricon’s expertise and global reach, Jinghao plans to build upon Intricon’s legacy and further innovate to meet the evolving needs of the industry.

“We are excited to announce the acquisition of Intricon’s hearing assets,” said Shine Wang, CEO of Jinghao Medical. “This strategic move enhances our expertise in firmware and algorithm development, leading to even more advanced hearing aid technology. Intricon has significantly contributed to the hearing industry, and with this acquisition, Jinghao will place an even stronger focus on advancing hearing technologies.”

Dr. XIONG Zhihui, CEO of inHearing Technology Inc. (a wholly-owned subsidiary of Jinghao Medical), added: “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 inHearing to deliver even more innovative and high-quality hearing solutions to the industry.”

The acquisition is expected to further propel Jinghao Medical’s presence in the hearing aid market, expanding their offerings and contributing to the development of more accessible and advanced hearing solutions.

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