Dirac Research, a provider of high-quality room and loudspeaker optimization technologies, announced today that it has reached an agreement with Pioneer Corporation to distribute their digital technologies in the OEM market in Japan. The deal, their first with a relatively mainstream manufacturer, will put Dirac technology in a wide range of products under a wide range of brands.
News
LG’s Preliminary Q1 Results – Sales Down, Profits Up
LG Electronics, Inc. released preliminary financial results for their first quarter of the 2016 fiscal year earlier this month. The report was very brief, showing only top line revenues and operating profits. But as short as it is…it comes with a bit of a surprise.
See the results for LG as shown in their preliminary report… [Read more…] about LG’s Preliminary Q1 Results – Sales Down, Profits Up
Hitachi Spending Nearly $1B to Launch IoT Research Center in U.S.
Hitachi announced this week that it will invest ¥100 billion ($915 million) building a state-of-the-art research center in the United States to develop Internet of Things (IoT) products and technologies. A significant commitment by the company, with the project expected to take over three years to complete – the facility will be located in Santa Clara, California.
See more on this major R&D center in the U.S. by Hitachi… [Read more…] about Hitachi Spending Nearly $1B to Launch IoT Research Center in U.S.
McIntosh Program to Supply Celebrities Cut Dealers Out
Company Says No Such Program Exists Today
We’ve recently learned about a program at McIntosh Laboratory, Inc., in which the company approached select prominent individuals, such as famous musicians or other celebrities, and provided them with McIntosh products directly, without the involvement of its dealers. The program, according to sources, was launched by Linda Passaro, a former Vice President of Global Sales and Marketing for McIntosh when it was part of D&M Holdings. Passaro was terminated in November 2011 by President Charlie Randall, but the program apparently remained in force for some time.
See more on this program that is a sore spot with some McIntosh dealers… [Read more…] about McIntosh Program to Supply Celebrities Cut Dealers Out
New Survey: Apple Watch is a Flop
In a recently released survey by advertising technology company Fluent, more than half of U.S. adults say that the Apple Watch is a failed product…a flop. The study, which surveyed 2,578 adults here in the U.S., clearly suggests that Americans agree with many in the tech industry who have given largely negative reviews of the product. Ironically, at one time, the Watch was thought to be the next big thing from Apple. It may still be…
What does this study suggest about the “wearables” market?… [Read more…] about New Survey: Apple Watch is a Flop
Conflicts Force Aim High Audio to Split Rep & Distribution Businesses
Aim High Audio Sales & Marketing and AHA Distributing are separating, the company announced on Tuesday of this week. A prepared announcement from president and founder Chris Gilray, noted that the separation will allow each company to focus on its dramatic growth. Gilray will solely control the distribution business, while his partner Jon Perry will take over Aim High Audio’s representation business under the Precision Sales Group name.
We spoke with Gilray and learned about the competitive issues that drove this decision… [Read more…] about Conflicts Force Aim High Audio to Split Rep & Distribution Businesses
Tidal Targets Netflix – Adding Movies to Service
Company Reports Stunning Growth Numbers
Tidal, the high quality music streaming service purchased by rapper Jay Z one year ago, is said to be adding movie streaming to their service, Page Six (part of the New York Post) reported yesterday. According to the report, Tidal has already notified Apple that it intends to add movie streaming to its app, formally starting the required approval process.
Tidal has had an exceptionally challenging year, with three CEOs in nine months. Will opening up to competition on a movie service make things better?
See more on this surprising development… [Read more…] about Tidal Targets Netflix – Adding Movies to Service
After Transfer to L.A., Monster vs. Beats Picks Up Again
Beats Won Round One; Monster Wins Round Two
It’s been ten months now since Beats Electronics, LLC won their motion to transfer the lawsuit brought against them by Monster, LLC, from San Mateo courts up in Northern California to their home turf of Los Angeles – a big win that reduces their costs and increases their comfort. But if Beats thought that their hometown courts would give them an advantage by being more favorable to their position in this case – they got a rude awakening earlier this month, when the LA judge offered a mixed ruling on several issues that mostly went against Beats’ desires.
See more on our update on this clash of titans in the headphone game… [Read more…] about After Transfer to L.A., Monster vs. Beats Picks Up Again
Marantz & Denon Add Auro-3D to Select Models
Firmware Upgrade Brings New Technology to Top Models
Marantz and Denon both announced this week that they are offering a firmware update that adds Auro-3D, a popular surround sound system in Europe, to two top models in each brand. This upgrade will make these models the most comprehensive home theater center available today – featuring Auro-3D, Dolby Atmos, and DTS:X – the most advanced surround sound technologies available.
See more about this move by Marantz and Denon…and about Auro-3D… [Read more…] about Marantz & Denon Add Auro-3D to Select Models
On Saturday, Sharp Becomes Taiwanese
Savvy Negotiating by Gou Lands Him Sharp At a Discount
Hon Hai Presicion
Foxconn
The Boards of both Hon Hai Precision Industry Co. (better known as Foxconn) and Sharp Corp. have approved the acquisition of 66% of the outstanding shares of Sharp by the Taiwanese OEM manufacturer of largely Apple, Inc. products. This day came largely as a result of some savvy negotiations and tactics from Foxconn’s CEO Terry Gou, who overcame tremendous odds to score this win.
