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.
Strategy
SupplyStream Changes Name and Business Model
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.
See more on this surprising change… [Read more…] about SupplyStream Changes Name and Business Model
Russound Says Time to Hop on the 70-Volt Boat
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.
See more on the new Russound 70-volt commercial line… [Read more…] about Russound Says Time to Hop on the 70-Volt Boat
One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
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.
See why Wal-Mart needed to do something to spark online sales…
[Read more…] about One Look at This and You’ll Understand Why Wal-Mart Bought Jet.com
Factory Tour: James Loudspeaker, The Inside Story
Factory Tour Shows James Loudspeaker To Be More Than You Realized
In our work lives, we all try to project the most positive image of ourselves. Sometimes the only way to really get to known someone is to visit them in their home. Here, you can find a lot of clues to their true selves.
So it is with companies as well. Polished marketing and great looking products can give you an impression of a large, professional, smoothly-running operation. But, as we can attest from direct experience, that simply is not always the case.
And sometimes, as in the case of James Loudspeaker, you get surprised.
See James Loudspeaker in a whole new light… [Read more…] about Factory Tour: James Loudspeaker, The Inside Story
LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.
See more on this deal which will bring a whole new line of technology to the U.S… [Read more…] about LeEco, the Netflix/Apple/Tesla of China, Acquires Vizio
Email Marketing Remains Tops For SMBs
Eye-Popping Effectiveness Stats
Market researcher eMarketer reports that the latest research on marketing trends for small to medium sized businesses (SMBs) – and in this case, retailers – shows that email marketing remains the top tactic for both customer acquisition and retention. This research, pushes back the notion expressed by some, that email is losing momentum.
See more on why you should be using email to attract and retain customers… [Read more…] about Email Marketing Remains Tops For SMBs
Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!
BREAKING NEWS
Even Bigger Surprise: Who Crestron Has Partnered With
We have learned from multiple sources, and now confirmed with the company, that leading control systems provider Crestron will in fact have a presence at the upcoming CEDIA Expo this September in Dallas, TX. This news will come as a surprise, perhaps even a shock, to many considering that just a few months ago, the company announced its departure from the residential custom integration industry’s biggest annual event.
But perhaps a bigger surprise is with whom they’ve chosen to partner… [Read more…] about Remember When Crestron Said It Was Pulling Out of CEDIA Expo? Surprise!
With BluOS, is Lenbrook the Apple of High-End Distributed AV?
Company Expands BluOS into NAD Line, Expanding Its Options
Back in the Fall of 2013, we told you about the birth of a new brand called Bluesound – a new networkable, high-quality wired and wireless multiroom music system. Almost simultaneously, and in response to the obvious success of Sonos we suspect, new systems from Bose, D&M Holdings (HEOS), and Lenbrook were all introduced. But Lenbook officials maintained that their system had an advantage over most of the other systems – they had created their own operating system called BluOS.
And now BluOS is expanding in very interesting ways… [Read more…] about With BluOS, is Lenbrook the Apple of High-End Distributed AV?
Look Out Nortek, Here Come the Lawyers
Acquirer Melrose Offers a Peek at Its Plans
The ink is barely dry on their agreement to be acquired by Britain’s Melrose Industries PLC, and already Nortek Inc. finds themselves the subject of multiple investigations by several major law firms who have publicly notified shareholders this deal may not be a good one for them. It is not clear if these law firms intend to take action yet, but if so, it could be a complicating factor in the transaction.
