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Onkyo & Gibson CEO’s Give the ALERT the Inside Scoop on their New Partnership

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OnkyoGibson2Gibson Guitar Becomes Exclusive U.S. Distributor of Onkyo & Integra Brands

<January 18, 2012> As one of a select (and very small) group of reporters invited to a hastily-arranged private audience with the CEO’s of both Gibson Guitar Corp. and Onkyo Corp. to discuss their recently announced strategic alliance, I was intrigued. The interview was held on a custom Gibson tour bus literally and figuratively…as the Gibson CEO clearly drove the discussion. [Read more…] about Onkyo & Gibson CEO’s Give the ALERT the Inside Scoop on their New Partnership

LG – Last Year We Were Smart, This Year We Are Smarter

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>>See a full slideshow from the LG CES Press Conference by clicking here<<

2012cesreport<January 18, 2012> CES Press Day kicked off this year with LG who seemed anxious to update the media on their progress in 2011. Wayne Park, President and CEO of LG USA, told reporters that although 2011 was a tough year economically, LG’s revenues were up 8 percent. Park also told the group that LG had a record-breaking fourth quarter in U.S. sales. [Read more…] about LG – Last Year We Were Smart, This Year We Are Smarter

D&M Makes it Official – Brian Poggi is Appointed President, Americas

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SpecialALERT
Brian Poggi Headshot<January 6, 2012> As first reported in Stratecon’s BEACON yesterday [see story here], D&M Holdings, Inc. officially announced today that it has appointed Brian Poggi as President, Sales and Marketing – Americas effective immediately.

[Read more…] about D&M Makes it Official – Brian Poggi is Appointed President, Americas

Sources Say D&M Holdings is Set to Announce New President

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D&M Logo<January 4, 2012> Sources are telling the Beacon that D&M Holdings is close to announcing a new President of Sales & Marketing for the Americas, a position that has been vacant ever since the company parted ways with former President Bob Weissburg in August 2011. According to these sources, D&M will announce shortly, perhaps as soon as next week’s CES, that it has selected Brian Poggi to be Weissburg’s replacement. [Read more…] about Sources Say D&M Holdings is Set to Announce New President

More Details Emerge on Unique Gibson Guitar & Onkyo Partnership

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Gibson Logo<January 4, 2012> Only hours after the initial announcement this morning that Gibson Guitar Corporation and Onkyo Corporation will partner with mutual investments and the creation of a joint venture (JV)  for product acquisition and marketing – new details of the deal are emerging. Also, the Japanese stock market has reacted to the deal driving up the value of Onkyo stock. [Read more…] about More Details Emerge on Unique Gibson Guitar & Onkyo Partnership

Gibson Guitar Buys Stake in Onkyo Corporation & Takes Control of Onkyo USA

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Onkyo logo<January 4, 2012> In a surprise move, Gibson Guitar Corporation announced that it has invested in Osaka, Japan-based Onkyo Corporation as part of what it called a “strategic partnership” pursued as part of a “continued diversification into the music and audio lifestyle arena.” The company also announced that it has taken a majority interest in Onkyo’s American subsidiary, Onkyo USA Corp. [Read more…] about Gibson Guitar Buys Stake in Onkyo Corporation & Takes Control of Onkyo USA

Of Two Big Tech Stories in 2012, This One Will Likely Be the Biggest…and Scariest

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Apple iTV Mockup<December 28, 2011> We now can predict with a reasonable level of certainty two huge technology stories coming up in 2012. They may in fact turn out to be the biggest stories of the entire year. One is the impending public offering of Facebook, a story that will likely mean the minting of yet another Forbes billionaire, Mark Zuckerberg. But the story that many feel will be the biggest of the big is the impending launch of Apple’s long-rumored iTV. [Read more…] about Of Two Big Tech Stories in 2012, This One Will Likely Be the Biggest…and Scariest

Sony Decides to Stop Sleeping With the Enemy; Breaks Off Samsung Partnership

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<December 28, 2011> Multiple reports from The New York Times, Reuters, the Nikkei and others say thatSleeping with the Enemy Movie Poster Sony Corp. has decided to pull out of its joint venture with Samsung called S-LCD Corp. Launched in 2004, the JV manufactured LCD TVs in South Korea for both partners and was Sony’s attempt to catch up with the rest of the industry after its disastrous decision to stay with analog sets as everyone else turned to flat panels. [Read more…] about Sony Decides to Stop Sleeping With the Enemy; Breaks Off Samsung Partnership

Toshiba to Close Three Chip Plants as Demand Slacks for TVs & PCs

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Toshiba Logo<November 30, 2011> Toshiba Corporation said today in Tokyo that it will close three of its six factories in Japan producing so-called discrete or single-function chips which are widely used in the electronics business. A very competitive part of the chip business, Toshiba has struggled to maintain profits in this division as competitors such as Samsung put downward pressure on the pricing – and profits – for these chips. [Read more…] about Toshiba to Close Three Chip Plants as Demand Slacks for TVs & PCs

Pioneer, Pummeled by Problems, Reveals Revised Recovery Plans

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Pioneer Logo<November 30, 2011> On Tuesday, Pioneer Corporation released its revised medium-term business plan designed to rebuild their sales and profits after a tough year of environmental and economic challenges including earthquakes and tsunamis in Japan and Thailand, as well as a global economic slowdown. The company also revised its forecast for the results of the current fiscal year ending March 31, 2012 showing a slightly better outcome than the last revised guidance offered. [Read more…] about Pioneer, Pummeled by Problems, Reveals Revised Recovery Plans