Strategy in TECH...
News comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.
Sonos surprised the industry this week with several announcements, some of which were directly targeted at the custom integration market just two weeks before the launch of the CEDIA 2016 show. But one announcement didn’t surprise us – we first told you about it a month ago when we revealed that we had learned that after announcing they were pulling out of the show, Crestron was back…in partnership with none other than Sonos.
Turn it On (TiO), Anuva Automation’s savvy and simple smart-home automation solution, announced today that it will have an exciting giveaway at next month’s CEDIA show in Dallas, TX. The company has partnered with KEF to offer a free daily drawing of exciting products in booth #2919.
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.
AudioControl announced last week that it was launching an all-new program called the Sound Partners Program. But this isn’t just a new program…it’s a unique concept in speaker/amplifier integration.
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.
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.
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.
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.
Wal-Mart may be the world’s largest retailer, but when it comes to their ecommerce efforts…well, they’ve been much less than that. As behemoth Amazon.com continues to show strong growth, dominating category after category, Wal-Mart has seen its results lag.
[Read more…] about One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
