There is also an accompanying case included with this set. This device has 1 channels. For your reference, here are some Audio Signal Processor functions. It can be used in Audio Systems. You can find similar parts by searching for the IP5002 family.
IP5002CX8/P,135 Features
IP5002CX8/P,135 Applications
There are a lot of NXP USA Inc. IP5002CX8/P,135 Audio Special Purpose applications.