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

<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 … Continue reading

Pioneer, Pummeled by Problems, Reveals Revised Recovery Plans

<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 … Continue reading

Blaupunkt, Under New Ownership, is Back in the U.S. with Car Audio & Headphones

<November 30, 2011> Blaupunkt AudioVision GmbH & Co. KG (Blaupunkt) announced earlier this week that it was re-entering the U.S. market with a line of car audio products and – in a bit of a return to its roots – … Continue reading

Velodyne Vaults into Direct-to-Consumer Sales Leaving Sales Reps Behind

<August 2, 2011> Velodyne Acoustics, Inc. (Velodyne) surprised many in the industry last week by summarily dismissing their independent sales representative force and announcing that they would begin selling Velodyne subwoofers direct to consumers via a new online ecommerce website. … Continue reading

Russound Pulls the Plug on Colorado vNet

Colorado Town Council Plans Lawsuit <December 29, 2010> In a move that will not surprise many in the industry, Russound has decided to close Colorado vNet fourteen months after purchasing it in October 2009. The move appears to be related … Continue reading

Electronics Manufacturer ATI to Acquire B&K Components from Bank

SpecialALERT B&K Components, Ltd., a small privately owned company founded in 1981 in Buffalo, NY, had carved out a niche for itself as a provider of a fairly wide range of stereo, home theater, and multizone audio components. But apparently … Continue reading

Russound Hopes to Beat the Odds with Acquisition of Colorado vNet; But Some Question Deal

<October 7, 2009>Newmarket, RI-based Russound announced this past Monday that it had signed a letter of intent to purchase recently shuttered Colorado vNet in a deal for which terms were not disclosed and that is expected to close by the … Continue reading