The Consumer Electronics Association today released their updated forecasts in a report called The U.S. Consumer Electronics Sales and Forecasts – a semiannual report put out every January and July. The new forecasts show the CEA has scaled back their 2013 forecast substantially from the one released earlier this year, but still expect a small increase of just under .2% to $202.6 billion from last year’s $202.3 billion.
Industry Trends
AudioSource: Keeping the Foundation, But Building a Whole New Business
The theme for CEWeek this year – as far as we’re concerned – was “CHANGE.” There were very few “traditional” products shown or updated – and a plethora of new products and categories, such as wireless systems, mobile devices, innovative [predominantly mobile] accessories, new app concepts, and more. And one interview we conducted – with AudioSource CEO Tom O’Mara – seems to embody that sense of change, as he seeks to – while keeping the company’s foundation – build a whole new (and changed) company.
See the dramatic changes at AudioSource as their smallest product has the biggest impact… [Read more…] about AudioSource: Keeping the Foundation, But Building a Whole New Business
Seiki Shakes Up Industry, Offers Inexpensive 4K Ultra HDTV; ‘Not Helpful’ Says Major Competitor
In yet another sign of an industry in transition, Chinese manufacturer Tong Fang Global – better known by the Seiki brand of A/V products it manufactures – has turned the typical industry model for introducing the latest and greatest technology on its ear. In the same show where Sharp rolls out a 70-inch 4K Ultra HDTV for $8,000, Seiki rolls out a 39-inch 4K Ultra HDTV for $700. How do they do it? Read on…
See more on this disruptive play from relative newcomer Seiki… [Read more…] about Seiki Shakes Up Industry, Offers Inexpensive 4K Ultra HDTV; ‘Not Helpful’ Says Major Competitor
Perfect Path Says It’s on the Growth Path at CE Week
As we walked the halls of CE Week, we kept running into old friends and well-known industry personalities. We met both at once when we ran into Eric Bodley of PPC/Perfect Path who was at the show to support various partners of the company. PPC was recently purchased by cable giant Belden, Inc. and we’ve been anxiously awaiting more details on how this consolidation would be implemented.
Bodley wasn’t in a position to comment on that quite yet, but we took advantage of the meeting to ask him about a couple of other recent issues.
See Bodley’s comments on competition heating up & the Belden/PPC connection… [Read more…] about Perfect Path Says It’s on the Growth Path at CE Week
Sharp Says: This is Our Sharpest Set Yet
The next phase of the TV wars has begun in earnest now in the wake of Sharp’s (and Toshiba’s) CE Week Day 1 roll-out of 4K Ultra HD television. In a presentation full of bluster and gusto, Sharp threw down the gauntlet with its 70-inch, top of the line Aquos UHDTV selling for a cool $8,000.
Learn more about this flagship set below – and see what Sharp’s VP told us about which retailers will participate in the rapidly approaching roll-out for this new technology.
Is Sharp’s 4K sharp enough?… [Read more…] about Sharp Says: This is Our Sharpest Set Yet
Praying at CEA’s Church of Data Dominion
CE Week kicked off last week with a Research Summit where the Consumer Electronics Association’s (CEA) market research experts presented the latest market data, along with their assessment of its meaning – and their prognostications for the future. In past years, this was a presentation that was included as part of the Line Show – now it has been split off as a separate day-long event including not only raw data, but various discussion panels as well.
And the data did not disappoint… [Read more…] about Praying at CEA’s Church of Data Dominion
New Survey Verifies Your Suspicion: Retailers Stop Buying from Brands that Sell Direct
Results from a new survey released today verify what you may already know – or at least suspected – retailers will either stop or dramatically cut back on purchases from brands that choose to compete with them by selling directly to consumers on the Internet. And a lot of retailers feel this way…71% said they would stop or reduce spending with brands that chose to do so.
See more about this survey, including other interesting retailer insights… [Read more…] about New Survey Verifies Your Suspicion: Retailers Stop Buying from Brands that Sell Direct
Gibson and Onkyo Go Wireless
The Wireless Speaker and Audio Association (WiSA) announced on Tuesday that it has signed up several new members and a couple caught our eye – Gibson Guitar Corp. (now Gibson Brands) and Onkyo Corporation. Also joining the organization are loudspeaker manufacturer Dali and Australian distributor Amber Technology who markets a line of speakers called Accent Digital.
Who is the WiSA and why would Onkyo and Gibson join? See more below… [Read more…] about Gibson and Onkyo Go Wireless
Increasing Skepticism by Market of Tech Industry Advances
Several years ago, while driving home from my job at a leading industry electronics manufacturer, I was – as usual – listening to my favorite New York Metro-area network news radio station. Since the commute took an hour or more (depending on New Jersey traffic), I got to listen to a lot of news. Sometimes, I was only half listening, as traffic concerns – or boredom – draws my attention away from the news.
But I snapped to rapt attention that day when I heard one of the show’s co-anchors promote an upcoming segment (“after the break”) on the latest technology news. Little did I realize that I was about to have my sensibilities shocked – not by the news – but by the anchors’ reaction to their own story.
What occurred that day is a cautionary tale for our industry – one that is being repeated again… [Read more…] about Increasing Skepticism by Market of Tech Industry Advances
ESPN Will Stop All 3D Productions
In a move that technology blogger Gizmodo says marks the official death of 3D, it has learned that sports network ESPN will cease all 3D productions by the end of this year. ESPN 3D, which started in 2010 on largely a test basis, never really got off the ground – and as Gizmodo wryly noted, “won’t be broadcast in any dimension soon.”
