Masimo (NASDAQ: MASI), a medical products manufacturer who also owns audio products maker Sound United, said this week that a U.S. International Trade Commission (USITC) Administrative Law Judge in Washington D.C. has ruled that Apple, Inc. (NASDAQ: AAPL) has violated Section 337 of the Tariff Act of 1930 by importing and selling models of their Apple Watch that incorporate light-based pulse oximetry technology that infringes on two of Masimo’s patents. Apple first introduced its pulse oximeter sensor in their Apple Watch Series 6 in 2020 and continues to incorporate it into models up to the current series.
Voxx Int’l Fiscal 3rd Quarter Sales Drop 25.4%; Profits Up on Cost Cutting
CEO Says Onkyo AVRs Offered to Costco This Year
Citing the “current state of the global economies” and “ongoing supply chain issues” Voxx International (NASDAQ: VOXX) reported the results of their fiscal 2023, third quarter this week and it was a story of more of the same, perhaps intensifying, business challenges that they identified when the company announced its second-quarter results. All of its major business segments reported sales declines – dropping double-digit percentages – with overall sales dropping 25.4% year-over-year. But the company said profits increased on aggressive cost cutting.
Learn more about Voxx Int’l fiscal 2023 third quarter performance
[Read more…] about Voxx Int’l Fiscal 3rd Quarter Sales Drop 25.4%; Profits Up on Cost CuttingBryston Announces the Appointment of Two New Sales Rep Groups
Bryston, one of the top high-end electronics and loudspeaker brands, announced the appointment of two new manufacturer sales representative organizations. The company says it has appointed Fielder Marketing for Northern California and Northern Nevada; and Nova Marketing for Minnesota, North & South Dakota, and western Wisconsin.
Learn more about these two new Bryston sales reps
[Read more…] about Bryston Announces the Appointment of Two New Sales Rep Groups2022 CEDIA Member Meeting was a Glossy Display of Overt Positivity
Selling a Vision Rather than Briefing Members w/Data
CEDIA held its annual member meeting just a couple of weeks ago in mid-December. The version offered this year was decidedly different than those in the past. This is likely due to the professional association management style of the organization’s new Global President and CEO Daryl Friedman.
CEDIA and staff offered members a slick marketing package of largely pre-recorded content and carefully controlled live content. But was it too slick? Did it really brief members with a balanced picture of both the successes and the challenges that CEDIA is facing? Or was it just a form of advertisement for the association?
Learn more about CEDIA’s 2022 annual Member Meeting…
[Read more…] about 2022 CEDIA Member Meeting was a Glossy Display of Overt PositivityFacing NASDAQ Delisting, WiSA Given Addt’l 180 Days to Achieve Compliance
WiSA Technologies, Inc. (NASDAQ: WISA), a developer of spatial, wireless sound technology for smart devices and home entertainment systems, announced recently that it has received an additional 180-day extension of the compliance period by the NASDAQ stock market. The purpose of the extension is to give the company additional time, until June 20, 2023, to regain compliance with NASDAQ’s minimum bid rule.
Learn all about a WiSA violation of the NASDAQ rule on minimum bid level
[Read more…] about Facing NASDAQ Delisting, WiSA Given Addt’l 180 Days to Achieve ComplianceVOXX Intl’s Premium Audio Company Says Its COO Has Departed
On Monday, a federal holiday, VOXX International’s Premium Audio Company (PAC) announced that Oscar Bernardo, its Chief Operating Officer, left the company on December 31, 2022. The company says – in this kind of strange, after-the-fact announcement – that Bernardo left to relaunch the Mirage speaker brand. Mirage is owned by VOXX International, which acquired it in 2006.
Learn more about the departure of Premium Audio Company’s COO
[Read more…] about VOXX Intl’s Premium Audio Company Says Its COO Has DepartedHappy New Year 2023!
It’s time to close out 2022 and blast forward into 2023. See my thoughts on this annual transition and the year that Strata-gee enjoyed.
See my message for 2023
[Read more…] about Happy New Year 2023!Top Stories of 2022 on Strata-gee
Well it’s the time of Auld Lang Syne as we say farewell to 2022 and look forward with anxious anticipation for 2023. It was a consequential year of stories for our industry in 2022, and we’ll go over the top stories on Strata-gee this year.
See Strata-gee’s top stories of 2022
[Read more…] about Top Stories of 2022 on Strata-geeDraper Factory Tour: 400k sq. ft. of Innovation, Customization & Variety
See How Shades, Projection Screens & Custom Structures for LED Panels are Made
Hop on I-70 and head East out of Indianapolis for around forty-five minutes or so and you’ll arrive in Spiceland, a quiet, rural village of under 1,000 people that with its brick church, quaint bandstand in the park, and a picturesque running stream, feels as country-style homey as you could imagine. What brought me to Spiceland? I came to visit the town’s largest employer and Henry County’s (named for patriot Patrick Henry) second-largest employer – Draper, a manufacturer of leading projection screens and roller shades.
See more on my visit to the Draper HQ & factory in Spiceland…
[Read more…] about Draper Factory Tour: 400k sq. ft. of Innovation, Customization & VarietyHappy Holidays 2022
The holidays are here and it’s time to take a much-needed break from the day-to-day pressures of business. It’s been quite a year!