Toshiba Corp. announced yesterday that it will take a $6.3 billion writedown to account for the meltdown of its nuclear division. This amount of writedown is much higher than the markets had anticipated, forcing Toshiba into crisis mode having to secure lending commitments from their banks, reorganize their nuclear division, and sell assets to offset their losses.
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With Over 73K Attendees, ISE Grows Almost 12%
Integrated Systems Europe announced today that their ISE 2017 show drew 73,413 attendees making it the largest ever trade show servicing the international residential and commercial integration industries. The show, which is a 50/50 partnership between CEDIA and InfoComm, saw attendance swell 11.7% over the level in 2016.
See more on this successful international trade show… [Read more…] about With Over 73K Attendees, ISE Grows Almost 12%
Crestron Launches DigitalMedia NVX Series UHD Network Solution
One of the themes that appears to be emerging from the Integrated Systems Europe (ISE) show taking place in Amsterdam right now is several new competing solutions designed to distribute 4K Ultra HD over IP. We told you yesterday about Savant’s prototype solution and now we have Crestron with their DigitalMedia NVX Series, which it says transmits 4K60 4:4:4 HDR video over standard 1GB Ethernet “with no latency – an industry first.”
See more on this Crestron next generation solution for 4K video over IP… [Read more…] about Crestron Launches DigitalMedia NVX Series UHD Network Solution
Dramatic LG OLED & LCD Digital Signage Solutions at ISE 2017
New Technologies Offer ‘Visual Options’ in Digital Signage
An interesting aspect of the Integrated Systems Europe Show (ISE) show is that it addresses both the residential and the commercial integration segments, making it a powerful draw for both types of integrators – although in Europe, it can often be one integration company that services both markets. Addressing the commercial side, LG Electronics took new digital signage solutions to Amsterdam – and with both LCD and OLED solutions, they caught our attention.
See the new advanced LG digital signage solutions showing now at ISE 2017… [Read more…] about Dramatic LG OLED & LCD Digital Signage Solutions at ISE 2017
Savant Previews 4K Video over IP Switching at ISE 2017
Savant has launched a new 4K Ultra HD video over IP switching solution at ISE 2017 taking place now in Amsterdam, NL. This is its first major product launch since Robert Madonna returned as CEO replacing outgoing CEO William Lynch in September 2016. The company says this system will give their dealers an “advantage in delivering premium distributed A/V content to their residential and commercial clients.”
See more on this new solution from a newly energized Savant… [Read more…] about Savant Previews 4K Video over IP Switching at ISE 2017
Sharp Plans Major Investment in U.S., Paying Fealty to Trump
Sharp Corp., a subsidiary of Taiwan’s Hon Hai Precision Industry Co. which is better known as Foxconn, has said in Japan that it plans to make a major investment in the United States. This announcement precedes by just two days a summit meeting between Japanese and U.S. leaders and is seen as a political move to buy favor with both the Japanese and U.S. governments.
See more on this Sharp plan which originated with Foxconn’s CEO Terry Gou… [Read more…] about Sharp Plans Major Investment in U.S., Paying Fealty to Trump
Is CEDIA’s Show For Sale…Again?
Reuters is reporting that Emerald Expositions LLC, the major trade show exposition company that bought the CEDIA show last week, is considering putting itself up for sale. This report became public on Wednesday, January 25th…the day before CEDIA announced it has sold its trademark show to Emerald. All of which leads to the distinct possibility of the show changing hands again, in just a matter of weeks.
See more on this report and how CEDIA members are reacting to the sale… [Read more…] about Is CEDIA’s Show For Sale…Again?
Just Add Power Launches New HDIP Models
Just Add Power announced yesterday that they are launching new 2GΩ Transmitters and Receivers at the upcoming 2017 ISE Show in Amsterdam next week. Celebrating 25 years of design and manufacturing, the company says these new models are consistent with their theory of evolutionary design.
See more on these new models by Just Add Power… [Read more…] about Just Add Power Launches New HDIP Models
Film Flops Force Sony to Take $1Billion Writedown
Sony Corps’ struggling film division, which hasn’t seen a major hit movie in a long while, has finally forced the company to take a writedown against third quarter earnings of a substantial $1 billion. The difficult decision was necessary to adjust or right-size the value of their operations and will mostly be booked against goodwill – to reset the value of the various film-related divisions.
Why is Sony CEO Hirai setting up an office in Culver City, California?… [Read more…] about Film Flops Force Sony to Take $1Billion Writedown
Control4 Beefs Up Routers with Built-In Cloud Monitoring Solution
Control4 Corporation announced today that it has launched a line of routers that are upgraded with their BakPak cloud-based remote monitoring and performance assessment capability built-in. The company says this is a “first for the industry.”
