JVC Kenwood Corp., the troubled consolidation of two struggling Japanese brands, seems to have turned a corner despite reporting fiscal Q2 and first half revenue declines and continuing losses. The company, which in January surprised many by announcing its decision to withdraw from the consumer electronics business to focus on B-to-B business, announced with pride that – although still showing a loss – the company has seen solid improvement in profits with dramatically reduced losses.
Do You REALLY Know What Kind of Behavior Your Customers Expect of You?
A new survey from Cohn & Wolfe – and discussed on MarketingCharts.com – suggests a possible sea change in the expectations of your customers as to the behavior of your company. We’ve seen some other similar surveys…and if you haven’t gotten clued in to this yet – well read on, the results may surprise you…
Do you REALLY know what your customers expect of you? Check out the results below… [Read more…] about Do You REALLY Know What Kind of Behavior Your Customers Expect of You?
Dow Electronics to Sell Harmony Remote Nationwide
We have learned that DOW Electronics, a Florida-based satellite and electronics distributor, is adding Logitech’s Harmony remote control line to its expanding custom integration (CI) assortment. In addition, and perhaps more importantly, we are told that the company will be distributing the line on a national basis.
See more on this new new CI line for the expanding Dow… [Read more…] about Dow Electronics to Sell Harmony Remote Nationwide
Mel Gross, Iconic Pacific NW Sales Rep, Passes Away
Multiple media outlets – including Strata-gee.com – last week published several stories about the passing of Crestron founder George Feldstein, someone who impacted the industry nationally. But we have learned about the passing of another iconic figure in electronics – if on a more regional basis. Mel Gross, one of the industry’s more colorful characters, and a leading sales representative in the Pacific Northwest territory, passed away at the end of last month.
See more on this story, including why we chose to highlight it… [Read more…] about Mel Gross, Iconic Pacific NW Sales Rep, Passes Away
Audio Control Puts You in Control of Long-Run HDMI Installations
Audio Control announced this week the availability of its new high performance HDBaseT extenders that allow installers and integrators the ability to safely and successfully run HDMI signals over long distances reliably. The company has been in the audio/video extender (baluns) business for some time now, with these new models – the HDBT-S1 and HDBT-R1 – pushing the performance edge.
Learn more about these interesting new models from systems specialist Audio Control… [Read more…] about Audio Control Puts You in Control of Long-Run HDMI Installations
Further Turmoil at Nortek – Nemchev is Out
BREAKING NEWS
Multiple sources are reporting – and we have confirmed – yet another management shake-up at Nortek, Inc…Denise Nemchev has abruptly left the company. Nemchev was brought in as Nortek’s Vice President of Business Transformation in April 2013. In August of this year, and in the wake of the dismissal of Sean Burke as head of the Technology Solutions Segment, Nemchev was promoted to President of the AV Tech segment.
Now, about 90-days later, she too is gone.
See more on what we’ve learned so far… [Read more…] about Further Turmoil at Nortek – Nemchev is Out
Yamaha’s Fiscal First Half Results are Mixed
Yamaha Corporation released the results for its fiscal first semester or first half of the fiscal year 2015 (April 1, 2014 – September 30, 2014) with results generally positive, but mixed. Overall consolidated sales increased 4.4% to ¥206.4 billion ($1.9 billion) as compared to ¥197.7 billion ($1.8 billion) in the same period last year. But of some concern is the fact that only one of its four major business segments showed an increase in operating profits – and two of the four lost money during the period.
See more on Yamaha’s financial performance… [Read more…] about Yamaha’s Fiscal First Half Results are Mixed
Spring Deck Partners with Azione Unlimited Buying Group
Spring Deck LLC, a start-up company that offers a new sales presentation solution for integrators, announced this week that it has cut an exclusive partnership deal with Azione Unlimited, a national buying group of dealers and integrators. According to Spring Deck, the deal makes its app and service instantly available Azione members…and at a specially discounted price.
See more on the Spring Deck/Azione Unlimited partnership… [Read more…] about Spring Deck Partners with Azione Unlimited Buying Group
Integration Industry Mourns the Passing of Crestron’s Founder
We learned this week that the Chairman and Founder of Crestron, Mr. George Feldstein, passed away after a long illness. The news hit many in the custom integration industry particularly hard, as Mr. Feldstein is widely credited with helping not just build a company…but with also fueling the growth of the entire industry.
See more on this notable passing… [Read more…] about Integration Industry Mourns the Passing of Crestron’s Founder
Economists Predict Rapid Ramp-Up in Residential Construction
We were fortunate enough to receive an invitation from the National Association of Home Builders (NAHB) allowing us to participate in their annual Fall Construction Forecast presentation, a webinar put on for the benefit of their members last week. Boy! Are we glad we attended! Not only did the organization offer up a roster of world-class economists with really interesting insight into what’s going on in the economy – they also offered reams of really valuable data delineating the latest trends in construction.
Their predictions were – to put it mildly – shocking! Read below to find out why…
[Read more…] about Economists Predict Rapid Ramp-Up in Residential Construction
