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.
Brands
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
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.
See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!
BREAKING NEWS
Even Bigger Surprise: Who Crestron Has Partnered With
We have learned from multiple sources, and now confirmed with the company, that leading control systems provider Crestron will in fact have a presence at the upcoming CEDIA Expo this September in Dallas, TX. This news will come as a surprise, perhaps even a shock, to many considering that just a few months ago, the company announced its departure from the residential custom integration industry’s biggest annual event.
But perhaps a bigger surprise is with whom they’ve chosen to partner… [Read more…] about Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!
With BluOS, is Lenbrook the Apple of High-End Distributed AV?
Company Expands BluOS into NAD Line, Expanding Its Options
Back in the Fall of 2013, we told you about the birth of a new brand called Bluesound – a new networkable, high-quality wired and wireless multiroom music system. Almost simultaneously, and in response to the obvious success of Sonos we suspect, new systems from Bose, D&M Holdings (HEOS), and Lenbrook were all introduced. But Lenbook officials maintained that their system had an advantage over most of the other systems – they had created their own operating system called BluOS.