Strata-gee.com

Strategy in TECH...

You are here: Home / Archives for News

News

Sony Doubles-Down on Transformation from CE to Gaming, Media, & Services

by Leave a Comment

sony invests

Company Plans to Invest $18 Billion in ‘Strategic Investments’; See What Segments are Targeted

Sony Group announced yesterday that it will invest no less than ¥2 trillion ($18 billion) over the next three years to turbo-charge the company’s transition from a consumer electronics powerhouse to a global leader in gaming, media, and services. The only hardware they are looking to equally dominate is the sensor business – and a potential entry into the general chip-making business (more on this later).

More on the remarkable Sony global transformation

[Read more…] about Sony Doubles-Down on Transformation from CE to Gaming, Media, & Services

Onkyo Releases Final Fiscal 2021 Numbers and I Am Stunned

by 10 Comments

Onkyo Classic OCP-1
Is this the future of Onkyo?

I recently told you that the Onkyo & VOXX/Sharp deal has been delayed from a firm May 20th date to sign a definitive agreement, to a more hazy “sometime” in late May, according to an announcement released by Onkyo to investors in Japan. At the same time the company put that announcement out, they also released the final numbers for their fiscal 2021 results – the fiscal year ending March 31, 2021. The only way I can characterize these numbers is to say that they are…in a word…stunning.

See the Onkyo results for fiscal 2021…

[Read more…] about Onkyo Releases Final Fiscal 2021 Numbers and I Am Stunned

Oh-Oh: Deadline for Onkyo & VOXX Agreement Passes with No Deal

by 1 Comment

Onkyo web page
From Onkyo’s website…

BREAKING NEWS

Oh-oh! I thought today I would be confirming that the VOXX/Sharp/Onkyo definitive agreement – which was supposed to be concluded today, May 20, 2021 – was in fact fully executed as directed in the original tentative agreement. But instead, I have learned that the definitive agreement for this sale was NOT in fact signed today, as dictated in the preliminary agreement. Now what?

Is There Trouble in Osaka for Onkyo?

[Read more…] about Oh-Oh: Deadline for Onkyo & VOXX Agreement Passes with No Deal

IFA, a September Tech Trade Show, is Now Cancelled

by Leave a Comment

IFA homepage

What’s this? A tech industry trade show, scheduled to take place in September is cancelled? Yes, it’s true…but it’s not the CEDIA Expo. In fact, it is IFA, a large consumer and trade tech show in Germany that is said to be the world’s largest tech exposition. Promoters have decided to cancel the live event due to continuing uncertainties surrounding COVID.

What does the IFA cancellation mean for CEDIA Expo?

[Read more…] about IFA, a September Tech Trade Show, is Now Cancelled

U.S. ITC Launches Massive Investigation of Certain TVs, Remotes & Components

by Leave a Comment

Roku homepage

Broad Implications of Roku, Inc. v. Universal Electronics, Inc.

The U.S. International Trade Commission (ITC) has launched a massive investigation into a wide range of televisions, remote controls, and other components that is sure to rattle a few cages around the industry. The investigation is the result of a patent infringement action taken by Roku, Inc. (Roku) against Universal Electronics, Inc. (UEI) and a long list of UEI customers and associates back in April. At the same time that Roku filed their lawsuit in a California District Court, they also filed a complaint with the ITC alleging Section 337 violations (“unfair imports”) by the same long list of prominent players in electronics.

See more on the Roku / ITC investigation

[Read more…] about U.S. ITC Launches Massive Investigation of Certain TVs, Remotes & Components

Housing Starts Stall in April

by Leave a Comment

housing construction

In yet another sign that the increasing momentum down the path to economic recovery will still be a very bumpy journey, residential housing construction starts (housing starts) in April showed declines in both the overall reading for all types of homes as well as for single-family homes. While both showed double digit declines in the initial report for April, they are both still well over the readings experienced in April 2020, at the height of the rollout of the COVID-19 pandemic.

See the latest data on housing starts in April

[Read more…] about Housing Starts Stall in April

B&W and Abbey Road Studios to Collaborate on In-Car Systems

by 1 Comment

Apple Road Studios and B&W collaborate

Bowers and Wilkins (B&W) and the famed Abbey Road Studios announced this week that they have formed a new collaboration to further advance the state-of-the-art for in-car entertainment. The two companies have worked together for years with Abbey Road studios using B&W speakers for monitors in their studios. Now the partners will extend their relationship in the furtherance of this new venture.

See more on this B&W and Abbey Road Studios venture

[Read more…] about B&W and Abbey Road Studios to Collaborate on In-Car Systems

Sonos Delivers Strong Fiscal 2021 Q2 Results Thanks in Part to a Lousy 2020

by Leave a Comment

Raises Guidance for FY2021; Issues Strongest Warning Yet of Supply Chain Issues

After the close of market on Wednesday, Sonos, Inc. (NASDAQ: SONO) reported their fiscal 2021, second quarter results which were very strong. On Wall Street they like to call that an “earnings surprise” and they really, really like it when it is a positive surprise. Sonos did not disappoint them.

See the Sonos 2nd quarter results

[Read more…] about Sonos Delivers Strong Fiscal 2021 Q2 Results Thanks in Part to a Lousy 2020

SnapAV Takes Preliminary Step Ahead of Registering for Public Offering

by Leave a Comment

SnapAV booth at CEDIA 2019

In a move that has been widely anticipated for some time now, Wirepath Home Systems LLC, the corporate name for SnapAV, has filed paperwork with the SEC to preliminarily begin the process of registering their stock for sale to the public. We learn little in the rather terse announcement from the company, but many in the industry had expected this day would come for years now.

See more on SnapAV taking steps to go public

[Read more…] about SnapAV Takes Preliminary Step Ahead of Registering for Public Offering

LOUDSOFT, Maker of Speaker Design Software & Test Gear, Appoints New Agent

by Leave a Comment

Loudsoft logo

Loudsoft Ltd, a leading provider of speaker design software and precise testing gear, announced last week that it has appointed a new agent to represent the the company throughout North America. This new agent is Andy Lewis of SOUND Product Strategy, based in New Hampshire.

Read more on this appointment by Loudsoft…

[Read more…] about LOUDSOFT, Maker of Speaker Design Software & Test Gear, Appoints New Agent