Strategy in TECH...
In a public move that will probably make more sense in Japan than it will here, Sony Corp. said on Tuesday that seven top executives will return their fiscal 2011 performance-linked bonuses. The executives affected by this decision include their former CEO Howard Stringer and current CEO Kazuo Harai.
JVC Kenwood Corp. said that next spring it will begin selling a system designed to deliver the soothing sounds of the forest streamed over the Internet in real time. The company will be involved in all aspects of the system from setting up source equipment to collect the sounds of various forests, to coordinating the delivery of the forest content across the Internet, to delivering unique speaker systems in the homes of end users with technology to receive and play the environmental sounds.
[Read more…] about JVC Kenwood to Sell System Streaming Soothing Sounds of Forests
In yet another sign of the decline of a once seemingly invincible technological powerhouse, shares in Sony Corp. in Tokyo closed Monday below ¥1,000 ($12.76) per share – setting a disturbing new record low. The last time the stock was this low was August 1, 1980 – 32 years ago. The press in Japan took notice and newspapers couldn’t help but point to the development as a symbol of an industry slump that is changing the world’s view of Japan’s technological prowess.
[Read more…] about New Symbol of Sony’s Suffering – Stock Drops to Lowest Level in 32 Years
This week at D+M Group’s press presentation, the company focused on two major new product categories that appear to be targeted areas of growth for the company. After a general presentation with overview, the company broke up the rather large group of reporters into two sections: Group A, my group, went directly to a special display of docking products…or complete music systems with an iPod/iPad/iPhone dock. Group B went to headphones (see my report on Denon’s new headphone line here).
[Read more…] about Docking Solutions Open New Markets for Denon & Marantz
Even by late-May’s standards, it was an unusually hot and humid day this week as a major contingent of the tech press gathered up in Mahwah, New Jersey at the weirdest looking Sheraton you’ve ever seen – more rocket ship than hotel. We were summoned to a press presentation by D&M Holdings that promised to be more significant than those in the past. Little did we know that the heat of the day was presaging the hot presentation that was the subject of our gathering!
[Read more…] about D&M Holdings Announces Sweeping Changes – Starting with Their Name
At a major press event in New Jersey Tuesday, Denon announced a new company name, a new logo, newly restructured operations…and an imperative to create new products and expand into new markets. Technically, Denon has been in the headphone business for a while. But as part of a new more aggressive marketing strategy – the company has launched an all-new line of headphones designed for specific and tightly defined consumer segments. But wait…as infomercials and headphone product manager Petro Shimonishi liked to say…there’s more.
[Read more…] about Maybe Late to the Party, But Denon Headphones Arrive in a Big Way
The ALERT has learned that Bob Weissburg has resigned from his position at Gibson Guitar effective immediately. The surprising news comes just three months after Gibson announced it had hired Weissburg, the former President of Sales and Marketing for the Americas at D&M Holdings. Gibson had appointed Weissburg to a newly created position of Global Executive Vice President.
[Read more…] about BREAKING NEWS
Weissburg Leaves Gibson Guitar & Onkyo
Today, just a short time ago, Nortek Inc.’s AVC Group released an announcement that a major new phase of their reorganization is in the works. Specifically, the AVC Group which currently is the merged brands of Niles Audio, Elan, and Xantech, will be expanded to include SpeakerCraft, Proficient, Panamax/Furman all under the same roof. Furthermore, Nortek’s former reorganizer – Mark Terry – has been reorganized out of the newly restructured company.
[Read more…] about BREAKING NEWS: Nortek Reorganizes Its Reorganization
Audio Associates Corp. launched its “Alliance Expo 2012” Dealer Show Tuesday at the Doubletree Hotel in Newark, New Jersey. Attendees braved gray, rainy, sticky, humid weather…and a resulting variety of roadway-clogging traffic accidents…to travel from all around the New York Metro area and the Mid-Atlantic to see product displays from 23 manufacturers representing top brands in the specialty A/V business. [Read more…] about Alliance Expo 2012 Draws Large Dealer Attendance
This week at the Alliance Expo 2012 being held in Newark, NJ by Audio Associates and their vendors, Monster (formerly Monster Cable) had a large presence with a booth that stretched down one wall, across a corner, and along another wall with an impressive showing of their product line. The Monster presence included those products for which they are best known – cables and headphones, but perhaps even more impressive than that – they demonstrated some of their new wireless technologies and systems…pointing towards a wireless future. [Read more…] about Monster’s Cable-less Future
