Sharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.
Multiple Reports: Kaleidescape is Closed
BREAKING NEWS
We have been inundated with multiple reports that media server kingpin Kaleidescape has ceased operations as of the end of the day yesterday (Friday). Furthermore, all employees both internal and external, have reportedly been let go.
See more on this sudden – and to many – surprising news… [Read more…] about Multiple Reports: Kaleidescape is Closed
SupplyStream Changes Name and Business Model
SupplyStream, the online aggregator of industry brands and products data, announced today that it has decided to change its name and business model in a move that they say will more properly align their branding with the reality of their business activities. The change takes place immediately.
See more on this surprising change… [Read more…] about SupplyStream Changes Name and Business Model
Russound Says Time to Hop on the 70-Volt Boat
As we recently told you, Russound has announced that it would be launching a line of 70-volt products designed to facilitate integrators’ entry into the commercial market. Now the company has released more details on just what their 70-volt offerings will include – and it appears to be a solid first step into the more commercial business.
See more on the new Russound 70-volt commercial line… [Read more…] about Russound Says Time to Hop on the 70-Volt Boat
One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
Wal-Mart may be the world’s largest retailer, but when it comes to their ecommerce efforts…well, they’ve been much less than that. As behemoth Amazon.com continues to show strong growth, dominating category after category, Wal-Mart has seen its results lag.
See why Wal-Mart needed to do something to spark online sales…
[Read more…] about One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
Factory Tour: James Loudspeaker, The Inside Story
Factory Tour Shows James Loudspeaker To Be More Than You Realized
In our work lives, we all try to project the most positive image of ourselves. Sometimes the only way to really get to known someone is to visit them in their home. Here, you can find a lot of clues to their true selves.
So it is with companies as well. Polished marketing and great looking products can give you an impression of a large, professional, smoothly-running operation. But, as we can attest from direct experience, that simply is not always the case.
And sometimes, as in the case of James Loudspeaker, you get surprised.
See James Loudspeaker in a whole new light… [Read more…] about Factory Tour: James Loudspeaker, The Inside Story
URC Founder Park Receives Lifetime Achievement Award
CEDIA CEO Says URC Founder Park is ‘Quick to Lend His Talent and Resources to the Channel’
CEDIA announced today that it has selected Chang K. Park as the recipient of its Lifetime Achievement Award for 2016. Park will be so honored at the CEDIA Opening Keynote on Wednesday, September 14, 2016.
See more on URCs Park and why he was selected… [Read more…] about URC Founder Park Receives Lifetime Achievement Award
CEDIA Announces Finalists for ‘Best New Product’
Did CEDIA Get It Right?
CEDIA, the trade association for residential custom integration specialists, announced this week the finalists in the contest to find the Best New Products. The organization will announce the winner at its upcoming EXPO on September 15 at 3:00PM in the CEDIA booth #4710.
See the winners and tell us what you think… [Read more…] about CEDIA Announces Finalists for ‘Best New Product’
Sleep Soundly, Your Personal Security Robot Riley is Protecting You
iPatrol, a provider of home-monitoring solutions for the smart home, announces the availability of your own personal security robot they call Riley. Riley is an app-controlled Wi-Fi enabled roving security that patrols your house in the evening and alerts you via a notification if there is an intrusion.
But can Riley – cute little Riley – really protect you? Read on… [Read more…] about Sleep Soundly, Your Personal Security Robot Riley is Protecting You
LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.
