Strategy in TECH...
Sonos (NASDAQ: SONO) announced on Tuesday that it has launched two new smart speakers that implement spatial audio for a more immersive listening experience. The company says these new models are the next-generation of smart speakers, utilizing Dolby Atmos technology to launch “…a whole new chapter in sound and design innovation.” They also call them “revolutionary” and “bold” and the “best experience for out loud spatial listening.”
Sony is looking to make a major investment to fuel even greater growth in its semiconductor business – a hot category right now around the globe. This means they need to hire engineers, dozens of engineers. But one of the consequences of so many companies chasing the semiconductor category is that competition has really been turbocharged for everything…especially engineers.
Now the company thinks it has found the perfect incentive to lock up the best engineers – something that is not nearly as prevalent in Japan as in the U.S.
RoseWater Energy Group said today that it is participating in multiple Energy Day education seminars being held by local sales representatives around the country. These events are being held in February and March and provide dealers with an informative half-day education session on the importance of power as the foundation for any home automation or smart home solution.
Russound released a statement today from CEO Charlie Porritt who summed up their experience at the recent ISE 2023 event in Barcelona. According to Porritt, the show was “one of the most productive, well-run, and enjoyable trade events to date.” It doesn’t get much better than that…
After years of driving the economy, Big Tech has suddenly hit a rough road. By now you’ve likely heard about layoffs in tech…lots and lots of layoffs. According to Layoffs.fyi, as of this writing, more than 104,000 tech jobs have been lost in just the first six weeks of 2023. But what is behind the struggles of these Big Tech players?
AAMP Global announced today that Alex Camara, CEO of AudioControl for the last decade, will leave the company “to pursue new opportunities.” This change in Camara’s status will be effective on March 1, 2023.
Wall Street can be a fickle partner sometimes. Occasionally, a company will turn in a good performance, but its stock value will decline anyway because the performance wasn’t as good as financial analysts had expected. And sometimes, as is the case this time with Sonos’ fiscal 2023 first quarter results, you can turn in poor performance, and your stock value can take off flying – because this time, your performance was not good, but not as bad as the financial analysts had expected.
Draper, Inc. (Draper), a leading manufacturer of window shades, projection screens, AV mounts, and architectural gym equipment, announced this week that it is further expanding its residential sales team, adding another member covering the southeastern U.S. This makes the team targeted to offering sales and support of the custom integration channel now five dedicated folks strong.
Sonance announced this week that it has appointed well-known manufacturer sales representative firm Strateres as its representative for the New England region. This agreement includes the representation of all of the company’s brands, including Sonance, James Loudspeaker, and IPORT.
Taking place right now in Barcelona, Spain, ISE is a unique show that offers products tailored for both the residential and commercial side of the integration business, as well as for the international market. Of course, many major industry brands that distribute their goods globally are showing there, including these top technology products from the curated selection shown below.
