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SAN FRANCISCO - Lenovo, Google and Dolby Laboratories (NYSE:DLB), a $6.94 billion audio technology company with impressive 88.92% gross profit margins, have introduced the Lenovo Chromebook Plus (14", 10), the first Chromebook to feature Dolby Atmos sound technology, according to a press release issued Monday.
The new device aims to enhance audio experiences on Chromebooks through Dolby's immersive sound technology, which creates multidimensional audio that can be experienced through the laptop's speakers or headphones.
"With Dolby Atmos now available on the Lenovo Chromebook Plus, we are bringing cutting-edge, immersive audio to an even broader and more diverse audience," said Mahesh Balakrishnan, Vice President and General Manager of Consumer Entertainment at Dolby Laboratories.
Benny Zhang, Executive Director and General Manager of Chromebooks in Lenovo's Intelligent Devices Group, described the release as "an important milestone" in the company's collaboration with Dolby.
John Maletis, VP of ChromeOS Product at Google, added that the partnership with Dolby enables them to "offer best-in-class audio experiences" to Chromebook users.
The companies did not disclose pricing or specific availability dates for the new Chromebook model in their announcement.
Dolby Atmos technology, previously available primarily on premium entertainment devices, creates sound that appears to come from multiple directions, including overhead, to deliver a more immersive listening experience for movies, music, and other content.
In other recent news, Dolby Laboratories reported its second-quarter earnings for 2025, surpassing expectations with a non-GAAP earnings per share of $1.34, compared to the forecasted $1.27. However, the company's revenue of $370 million fell short of the anticipated $376.38 million, reflecting a slight miss in revenue expectations. Dolby adjusted its full-year revenue guidance to a range between $1.31 billion and $1.38 billion, reflecting cautious optimism amid macroeconomic uncertainties. In the automotive sector, Dolby announced significant partnerships, including collaborations with Porsche and Cadillac to incorporate Dolby Atmos in upcoming models. Tigress Financial Partners recently reinstated coverage on Dolby Laboratories with a Buy rating and set a price target of $112, highlighting Dolby's advanced audio and video enhancement technologies as key growth drivers. The firm noted Dolby's robust financial health and anticipates continued shareholder returns through dividend increases and share repurchases. Dolby's focus on innovation in the automotive and mobile sectors has bolstered its market position despite broader economic uncertainties. The company's integration of artificial intelligence across platforms like Dolby OptiView is expected to further enhance audio and video capabilities.
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