Strategy in TECH...
Multiple sources over the last several weeks have reported that LG Electronics has decided not to exhibit at the upcoming 2025 CEDIA Expo, which begins in less than three weeks at the Colorado Convention Center in Denver, Colorado. While many industry people appear to be aware of this fact, most have no idea why the leading TV maker has made this decision.
Making what it calls a “renewed commitment to the American market,” Hamburg, Germany-based Velodyne Acoustics announced today that it has appointed Playback Distribution as its exclusive distributor for the U.S. market. The new partnership will kick off at the upcoming CEDIA Expo in Denver, CO, on September 4-6, 2025.
At the International Builders’ Show (IBS) in Las Vegas, NV, earlier this year, show organizers employed expert builders/craftsmen/tradesmen/and installers who conceived, designed, created, and built a new $15.5 million modern custom home designed to set the standard for luxury living in 2025 and beyond. According to organizers, “The New American Home 2025 is a statement of what’s to come in the world of residential architecture. Join us as we redefine the standard of luxury living.” Savant and the Savant Power system were a major part of adding the luxury experience to this home.
Redwood Marketing, Inc. announced the dates and plans for this year’s CI Expo 2025, taking place at a new, expanded venue at the Doubletree Hotel at the Club in Pleasanton, CA. The Expo is scheduled for May 29, 2025, and will offer new upgraded features such as multiple upscale outdoor vignettes, an expanded exhibit space, a new program, and more participating brands.
Chicago-based Vanco International LLC, a maker and distributor of high-performance custom integration gear, announced today that it is launching the next generation of its popular EVO-IP HDMI-over-IP solution at the upcoming Integrated Systems Europe show running February 4-7 in Barcelona, Spain. This new system – called EVO-IP 2.0 – adds both new features and increasingly robust capabilities, including mind-blowing scalability.
Premium Audio Company (PAC), a division of Gentex Corp. that oversees the Onkyo, Integra, and Klipsch audio gear, has launched an interesting new series of electronics including an amplifier, preamplifier, and integrated amplifier at CES 2025 taking place in Las Vegas, Nevada this week. This new series is called the Onkyo Icon Series, a line of high-fidelity electronics that the company says is “a bold step forward in the brand’s evolution.”
Much like the last few years, exhibitors at the Consumer Electronics Show (CES) in Las Vegas have largely focused on advances in artificial intelligence (AI). All major manufacturers spoke to it…none more deeply than LG, whose 45-minute press conference began with AI…ended with AI…and had a lot of AI in the middle.
This past Sunday, on the eve of this week’s launch of the Consumer Electronics Show (CES) 2025, the Consumer Technology Association (CTA) released updated projections for total Tech industry sales in the year, as is its custom. According to the trade association, total Tech industry sales are expected to reach $537 billion – the highest level in history.
Last week, I had the opportunity to attend the CEDIA Tech & Business Summit at the Hilton Hotel in Hasbrouck Heights in Northern New Jersey. To my eyes, this was a well-attended event and I was impressed with how the Association has put together a well-oiled machine that shows some real progress in elevating the value of attending a regional industry event like this.
Data from the 2024 CEDIA Expo in Denver, CO this past September shows a troubling trend – attendance actually declined…and declined appreciably – from the 2023 version of the event. And this decline took place even though the promoter has combined CEDIA Expo with a new event (new last year), the Commercial Integrator Expo (CIX), which was probably an effort to boost attendance numbers.
