Strategy in TECH...
A consortium of companies in Japan, including large public broadcaster NHK, this month began testing a broadcast system of 8K TV signals via broadcast satellite (BS) channels. This test of an 8K broadcast system has been in the works for a couple of years now, as the country races to prepare for Ultra High Definition broadcasting of the upcoming Tokyo Olympics in 2020.
But promoters of the system admit they are getting significant pushback. Why? Read on to see what the detractors are saying.
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.
Factory Tour Shows James Loudspeaker To Be More Than You RealizedIn 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.
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.
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.
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.
Nexia, a division of monster company Ingersoll Rand and supplier of smart home products and solutions, announced this week that Nexia-certified products will now be able to be controlled with simple voice commands through Amazon’s Echo. Clearly joining the new wave of companies who believe voice-command is the “next big thing” in home automation, Nexia is moving quickly to embrace voice control.
Samsung announced late Wednesday that it has acquired Joyent, a relatively new start-up company that offers cloud computing services, according to a report by Recode. The specifics of the deal were not disclosed, but Joyent management has said it will be joining the Samsung management team.
By now you’ve likely heard that sales of vinyl records are growing to meaningful levels. We recently reported in March that while sales of all physical media are down, vinyl sales grew 32.2% to over $416 million dollars last year. While this is small compared to historical highs, it is part of a trend that has been developing – vinyl sales have grown each of the last ten years in a row.
Now specialty manufacturer Bryston announces their entry into the analog turntable field – the source necessary to play all that vinyl – with the all-new BLP-1. Bryston, more known for their electronics, looks to have done their homework on this impressive new model.
In yet another sign of Japan’s struggle with the flat panel TV business, Panasonic Corp. will stop all LCD panel production at its last such factory. Reports out of Japan say the company has determined that competition from Korea and China will forever preclude it from earning a profit in the panel production business. Many in Japan suggest that this news represents the end of an era of Japanese dominance in the TV business.
