In a move that has been highly anticipated or, depending on your point of view, highly dreaded, Moody’s Investors Service cut its credit rating on Sony Corp. by one notch, dropping it below investment grade – taking it to “junk” status, in industry parlance. The downgrade was made on Monday and it is significant in that it symbolizes the continuing struggles of the company as it to tries to improve its fortunes – so far with mixed results.
Archives for 2014
After a Short Pause, Another D+M Group Executive Leaves the Company
BREAKING NEWS
Petro Shimonishi, once Senior Global Business Team Leader of Headphones & Accessories for D+M Group, announced on Facebook today that she has left the company for a new role with a new company. The announcement clearly surprised many of her friends and colleagues, as was evidenced by their almost universal shocked reaction.
See more on this key executive departure from D&M… [Read more…] about After a Short Pause, Another D+M Group Executive Leaves the Company
Sharp Ends Production of Solar Panels at Tennessee Factory – 300 to Lose Their Jobs
Sharp Corporation announced that it has decided to end production of solar panels at its factory in Memphis, Tennessee, the Nikkei reported today. As a result, 300 jobs will be eliminated at the facility.
See more on this unexpected announcement from Sharp… [Read more…] about Sharp Ends Production of Solar Panels at Tennessee Factory – 300 to Lose Their Jobs
Sign of the Times: App Makers Snapchat, Shutterfly & Yelp Join CEA
In an announcement that reflects the changing nature of the tech industry, the Consumer Electronics Association (CEA) announced today that app makers Snapchat, Shutterfly, and Yelp have joined the trade organization. App makers had a prominent visibility at the most recent Consumer Electronics Show and this announcement shows how software continues to make a big impact on hardware.
See what the CEA had to say about this addition to its ranks… [Read more…] about Sign of the Times: App Makers Snapchat, Shutterfly & Yelp Join CEA
While U.S. Frets about 4K, Japan Announces Successful 8K Long-Range Broadcast Test
Japan’s public broadcaster, Nippon Hoso Kyokai (NHK) announced today that it has successfully completed the test of a long-range terrestrial broadcast of a high quality 8K video signal – a system that they call Super Hi-Vision. The news is seen as significant, as previous tests had only achieved reliable broadcasting over much shorter distances.
See more on NHK’s announcement & why many tech executives are watching this closely… [Read more…] about While U.S. Frets about 4K, Japan Announces Successful 8K Long-Range Broadcast Test
Yamaha Updates the ‘Executive Micro-System’ Adding Streaming & Hi-Res Audio
Popular as task-specific sub-room systems especially useful in offices, dens,and home offices…the executive micro-system has been used and appreciated by millions for many years now. In fact, here at Stratecon, we listen to one in our office frequently. We used to listen to it every day, but as more and more of our listening became associated with digital music via Apps like Spotify or Pandora, or any of a host of Internet radio stations…our more traditional desktop system just didn’t have the right stuff.
Now, Yamaha seeks to change that, by introducing the MCR-N560 executive system that is today-tech savvy… [Read more…] about Yamaha Updates the ‘Executive Micro-System’ Adding Streaming & Hi-Res Audio
JVC Kenwood Launches 1st Initiative in New, More Commercial Business Strategy
Just one day after we reported that JVC Kenwood was turning away from the Consumer Electronics business and choosing to instead pursue more commercial enterprises – the company announces its first major partnership in this new operating model. The company has partnered with Europe’s Airbus Defence and Space in a major new initiative to develop a public safety wireless broadband technology for the North American and European markets.
Learn more about the major new partnership for the company… [Read more…] about JVC Kenwood Launches 1st Initiative in New, More Commercial Business Strategy
This is Big: JVC Kenwood Turns Away from Consumer Electronics; Picks Commercial Biz Instead
In a big announcement in Tokyo today, JVC Kenwood CEO Haruo Kawahara said the company will drastically overhaul its business – more so that previously announced – turning away from consumer electronics and towards more commercial businesses, according to the Nikkei. The CEO, in his most specific comments since the company revised its forecast from a profit to a loss for the current fiscal year, is signaling a significant sea change for the company…
See more on this surprising announcement from the struggling company… [Read more…] about This is Big: JVC Kenwood Turns Away from Consumer Electronics; Picks Commercial Biz Instead
The DaVinci Group Adds New Sales & Distribution Partners
The DaVinci Group (TDG) announced that it has added new partners to its sales representative and distribution network, expanding its sales force backbone to help better serve dealers and integrators as the company continues to grow. The Ontario, CA-based company launched at the end of last year and says it has experienced rapid growth through the end of 2013. This growth continues to accelerate as the company brings more regions on board,
See which reps and distributors have joined TDG as well as what regions they serve… [Read more…] about The DaVinci Group Adds New Sales & Distribution Partners
Seeing Through to the Essence of ClearView
Sometimes making no impression is the way to make the biggest impression of all! Massachusetts-based ClearView® Audio (www.clearviewaudio.com/) launched an innovative transparent music system at CES 2014 and is enjoying a great response from dealers, domestic and international. Called Clio, this first product stands just over 9 inches tall, streams over Bluetooth, and has an MSRP of $349. [Read more…] about Seeing Through to the Essence of ClearView