Strategy in TECH...
We are just learning that the South Korean Labor Ministry has issued an order to LG Display Co. Inc., to stop all operations at an OLED panel production line following reports of a nitrogen gas leak. While details are sketchy, the news was reported by Reuters out of Seoul, South Korea and is apparently the result of some type of industrial accident that occurred during the process of manufacturing OLED panels.
GoPro, Inc., the specialty manufacturer of sports-oriented cameras and camcorders, saw its stock plummet 12% in just one day on Tuesday when word leaked out of a new patent awarded to Apple, Inc. that appears to be for a remote control camera system. Although there was no official announcement from Apple about the product, word about the patent and its possible impact on GoPro spread around Wall Street like wildfire.
New data released by the Commerce Department showed an unexpectedly large drop in retail sales for the month of December. In fact, U.S. retail sales had their largest across-the-board drop in the past eleven months – plunging economists into vigorous debate over just what this means for the economy.
AVAD, LLC, the custom integration-centric distribution division of Ingram Micro, announced today that it is launching its 2015 Vendopalooza program, the seventh year it has offered the traveling mini-trade show for dealers. And first up in the event schedule is on January 22nd at AVAD’s Irvine, California branch location.
SpringDeck, a sales presentation software company, has partnered with Relidy Marketing to offer integrators a new service that will help them showcase products on their website in a way that will ensure they retain ownership of the prospect/customer. The service is all-new and only available through this partnership.
Tampa, FL-based DOW Electronics, Inc. announced this week that it has reached “an agreement in principle” to acquire Eagle Distributors, LLC of Kenner, Louisiana. The deal, which represents a rather dramatic expansion of DOW’s geographic reach, is expected to close by mid- to late-February.
On the eve of the 2015 Consumer Electronics Show we received the announcement of the launch of a new kind of connectivity supplier called Future Ready Solutions (FRS). Launched by Bodley & Associates founder Eric Bodley, we have learned that FRS is a distinctly different kind of company – sort of a hybrid really – seeking to set the standard as your preferred provider of mission-critical connectivity solutions.
GoldenEar Technology continues their methodical line expansion, further building on founder Sandy Gross’ latest speaker design philosophies. For CES 2015, GoldenEar announces their new Triton Five Tower speakers and what looks to be a gut-rumbling, lease-breaking subwoofer with four 12-inch drivers and 1,600 watts of power.
Anuva Automation’s TiO division held a meeting at CES 2015 Monday evening with its national sales force to deliver an important message – they have arrived…and they can prove it. TiO (which is short for Turn It On) has had a long and, at times, troubled history – which has caused some in the industry to question its viability. And it was this question mark that the company sought to permanently erase from the doubters’ minds.
As the 2015 International Consumer Electronics Show (CES) kicked off yesterday in Las Vegas, attorneys for Monster, LLC and owner Noel Lee were busy filing a lawsuit in a California Superior court against Beats Electronics, LLC, Andre Young (Beats founder better known as Dr. Dre), Paul D. Wachter (a Beats director), Jimmy Iovine (Beats founder), and HTC (a Taiwanese company that allegedly at one time owned a majority interest in Beats). Multiple published reports carried the rather salacious claims by Monster and “Head Monster” Noel Lee about the allegedly nefarious business practices of Beats, its founders, certain directors, and some of its partners.
