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Biden Administration Announces Major Supply Chain Mining Initiative

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The Salton Sea is believed to hold essential minerals needed to boost the supply chain
The Salton Sea in California is believed to be a site rich in essential minerals [Photo: Gabriella Angotti-Jones for The New York Times]

Boosting Local Supply of Essential Minerals

The Biden Administration announced on Tuesday a comprehensive public/private mining initiative that is designed to boost the local supply of essential minerals. These minerals are required in a wide range of strategic products and the administration’s new programs will achieve several goals: they will use new technology to boost the mining of the minerals in new areas of the country, create a large number of good-paying American jobs, and reduce our reliance on China. What looks to be a savvy program, this new initiative partners with key American companies to improve the U.S.’s supply chain structure in order to make it more robust to “build a future that’s made in America.”

See more on the Administration’s plan to improve the supply chain

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Crestron Launches Tunable LED Light Fixtures & Innovates an Advance in HCL

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Crestron Electronics, one of the industry’s leading control and automation system manufacturers, announced today that they are making a major push into the lighting segment – especially within the realm of what is generally known as human-centric lighting (HCL). Their new line of LED Light Fixtures not only contemporizes their lighting offerings to today’s standards – but I believe that they take the lead with an exciting and futuristic new capability known as Solar Sync™.

See this major launch of new LED Light Fixtures from Crestron

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Onkyo Announces Two Subsidiaries Will Cease Operations & File for Bankruptcy

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One of the products to be sold in Onkyo’s new direct-to-consumer business

Onkyo Home Entertainment Company Ltd. (formerly Onkyo Corp.) has announced that two of its consolidated subsidiaries will cease operations and file for bankruptcy. It is yet another dramatic development in the company’s effort to stop the bleeding and stabilize the company. But substantial concerns exist about the company’s ability to continue as a going concern.

Learn more on these shuttered Onkyo subsidiaries

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Sound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal

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Masimo website home page
Masimo Corp’s website [Click to enlarge]

BREAKING NEWS

Sound United, LLC, one of the audio industry’s leading providers of high-quality branded electronics and loudspeaker products, announced late Wednesday that it is being acquired by Masimo Corporation, a global provider of medical products, in a deal valued at $1.025 billion. The two companies have entered into a definitive agreement in a transaction that is expected to close later in 2022.

See more on Masimo acquiring Sound United

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Don’t Revamp Your Business for the Latest Fad Guru; Be Your Own Guru

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business guru at a trade conference

GUEST POST: All It Takes is Common Sense to Improve Your Biz

Recently, an integrator I know goes to a trade conference. The principal hears a presentation on a new way to run his business, which is already generating a solid $5-6 Million in revenues. The presenter, a sort of business guru, is impressive and has authored a book.

This guru has a “system” he wants to sell you on…

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Sony Forecasts a Record Profit; Says NOT Entering the Car Building Biz

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New Financial Info Shows Sony Continues to Transform Biz

On the eve of closing out their current fiscal year (fiscal 2021) on March 30, 2022, Sony Group announced their latest financial results for the first nine months of the fiscal year…and included a surprising new upgrade of their forecast, now saying they’ll have a record operating profit for the year. This was a high note for the company, a company that has benefitted from consumers spending more time at home playing video games on their PlayStation, thanks to the COVID-19 pandemic.

But the company also answered the question that many – including me – had about Sony entering the automobile business via their new Sony Mobile division – and in so doing, reiterated their plan to move away from a hardware-centric business.

See more on where tech leader Sony is headed

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Dave Nauber, Head of Classé for Nearly 20-Yrs, Leaves Company at End of March

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Dave Nauber - Sound United Director of Brand for Classe

BREAKING NEWS

In an internal email circulated to company employees on Monday, Joel Sietsema, Sound United’s Brand President of Marantz and Classé, announced a “change to the leadership structure of the Marantz and Classé organization.” That change is a big one – Dave Nauber, leader of the Classé brand for nearly 20-years, will be leaving the company at the end of March, “to pursue new opportunities.”

Read more about this change at the top of Classé

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Snap One Acquires Canadian Distributor Staub Electronics

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Snap One acquires Staub Electronics

Snap One announced on Thursday that it has acquired Staub Electronics, a distributor based in Canada who has been the Snap One distributor there for ten years as an independent entity. Snap One says this “strategic move” will “elevate [the] partner experience in Canada.”

See more on Snap One’s acquisition of Staub Electronics

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Samsung Sent Jets to Return 20 COVID-Infected Execs & Staff at CES 2022

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From CES 2022

How Many Infected at CES? CTA & NV Health Official’s Won’t Say

Multiple media outlets, including the venerable Reuters News Agency, are reporting that Samsung Electronics chartered two jets to return a total of 20 of their executives and staff who became infected with COVID-19 at CES 2022. In addition to this, South Korean health officials are reporting that a total of 70 Korean nationals – including the 20 Samsung employees – returned (or are trying to return) from CES infected by COVID.

Was CES 2022 an echo of the rumored CES 2020 super-spreader event?

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CEDIA CIT Certification Awarded Global Accreditation

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The Custom Electronic Design & Installation Association (CEDIA) announced today that its Cabling & Infrastructure Technician (CIT) Certification has received third-party accreditation which means that it conforms with the global ISO/IEC 17024:2012, General Requirements for Bodies Operating Certification of Persons standards. This is according to the ANSI National Accreditation Board (ANAB), a subsidiary of the American National Standards Institute (ANSI), which oversaw the process that determined the CIT Certification program fully conforms with ISO/IEC 17024 global standards.

See more on the CEDIA CIT accreditation…

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