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The DaVinci Group Promotes Jeff Francisco to President as Part of Sales Team Expansion

February 6, 2014 by Ted Leave a Comment

The DaVinci Group logoThe DaVinci Group, Inc., a young but rapidly growing manufacturer of custom integration products, announced today at the 2014 ISE show that Jeff Francisco has been named President of the company. Francisco has been the company’s Vice President of Sales for most of the last year.

According to the company, this announcement is part of an overall expansion of its executive team, as the company seeks to build up its infrastructure to better address its rapid growth.

Learn more about this appointment…and why the company needed to take this step now… [Read more…] about The DaVinci Group Promotes Jeff Francisco to President as Part of Sales Team Expansion

Filed Under: Brands, Manufacturers, News, Sales, Specialty, Strategy Tagged With: Daniel Kippycash, Jeff Francisco, SpeakerCraft, The Davinci Group

Sony, Finally Making Its Move, Puts the Computer Biz Up for Sale; TV Biz is Next Target for Shake-Up

February 5, 2014 by Ted Leave a Comment

Sony logo on screen at CES press presentationThe Nikkei reported this week that Sony Corp. has finally taken a bold step to reorganize its business by putting its VAIO computer division up for sale. According to the report, the company is in negotiation to offload the division to Japan Industrial Partners (JIP), a Japanese investment company.

See why this move makes sense…and why their TV division is the next target for a shake-up… [Read more…] about Sony, Finally Making Its Move, Puts the Computer Biz Up for Sale; TV Biz is Next Target for Shake-Up

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: 4K, 4K Ultra HDTV, Acer, BRAVIA, Lenovo, Sony, UHDTV, VAIO

With Huge Increase in Fiscal YTD Net Loss – JVC Kenwood Moves to Cut Staff & Buy a Company

February 5, 2014 by Ted Leave a Comment

JVC Kenwood logoJVC Kenwood Corporation released their year-to-date results for the first nine months (April 1, 2013 – December 31, 2013) of the current fiscal year at the end of last week. The results clearly portrayed a company in a struggle to turn their flagging business around. Although 9-month sales showed a 2.6% increase to ¥230.3 billion ($2.3 billion), up from ¥224.5 billion ($2.2 billion) last year…the company also booked a net loss that also increased more than four-fold – from ¥1.4 billion ($13.8 million) last year to ¥5.7 billion ($55.7 million) now.

See more on both JVC Kenwood’s results…and their moves to rectify the situation… [Read more…] about With Huge Increase in Fiscal YTD Net Loss – JVC Kenwood Moves to Cut Staff & Buy a Company

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: EF Johnson Technologies Inc., JVC Kenwood

Taiwan’s Foxconn Looks to Build Factories in the U.S. – Six States Compete for Selection

January 29, 2014 by Ted Leave a Comment

Foxconn logoFoxconn Technology Group, a Taiwanese company with manufacturing plants in China, and the world’s largest manufacturer of electronics – is looking to build one or more factories here in the U.S. The company, mostly known as the primary manufacturer of Apple’s popular iPhone, is in negotiations with Arizona and Colorado, according to a report by Bloomberg. But four other states have thrown their hats into the ring as well.

See more on this turn of events, a Taiwanese company building factories in the U.S…. [Read more…] about Taiwan’s Foxconn Looks to Build Factories in the U.S. – Six States Compete for Selection

Filed Under: Asian Connection, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Amazon.com, Dell, Foxconn, Hewlett-Packard, Hon Hai Precision Industry Co., HP, Microsoft

Social Media’s Buzzing about Savant Systems’ New CEO

January 29, 2014 by Ted 1 Comment

Savant logoSavant Systems, LLC announced on Tuesday that it has hired William J. Lynch as its new CEO. Who is Lynch, you ask? He is the ex-Barnes & Noble CEO who left there in the middle of last year. The Savant announcement surprised many as, on paper, Lynch looks like an unlikely candidate for the role.

Since the announcement, social media has buzzed about this appointment. See more… [Read more…] about Social Media’s Buzzing about Savant Systems’ New CEO

Filed Under: Brands, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Apple, Barnes & Noble, Control4, Nest, Nook, Robert Madonna, Savant Systems, William J. Lynch

It’s Official, Moody’s Says Sony is ‘Junk’

January 28, 2014 by Ted Leave a Comment

Sony logo on screen at CES press presentationIn a move that has been highly anticipated or, depending on your point of view, highly dreaded,  Moody’s Investors Service cut its credit rating on Sony Corp. by one notch, dropping it below investment grade – taking it to “junk” status, in industry parlance. The downgrade was made on Monday and it is significant in that it symbolizes the continuing struggles of the company as it to tries to improve its fortunes – so far with mixed results.

See more on this huge announcement sure to be the bane of Sony management… [Read more…] about It’s Official, Moody’s Says Sony is ‘Junk’

Filed Under: Asian Connection, Financial, Manufacturers, News, Strategy Tagged With: Bank of America Merrill Lynch, Fitch Ratings, Kaz Hirai, Moody's Investors Services, Sony

Sharp Ends Production of Solar Panels at Tennessee Factory – 300 to Lose Their Jobs

January 23, 2014 by Ted 4 Comments

Sharp Solar logoSharp Corporation announced that it has decided to end production of solar panels at its factory in Memphis, Tennessee, the Nikkei reported today. As a result, 300 jobs will be eliminated at the facility.

See more on this unexpected announcement from Sharp… [Read more…] about Sharp Ends Production of Solar Panels at Tennessee Factory – 300 to Lose Their Jobs

Filed Under: Economic Trends, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Sharp, solar, solar photovoltaic panels, Tennessee

Sign of the Times: App Makers Snapchat, Shutterfly & Yelp Join CEA

January 22, 2014 by Ted 2 Comments

Yelp logoIn an announcement that reflects the changing nature of the tech industry, the Consumer Electronics Association (CEA) announced today that app makers Snapchat, Shutterfly, and Yelp have joined the trade organization. App makers had a prominent visibility at the most recent Consumer Electronics Show and this announcement shows how software continues to make a big impact on hardware.

See what the CEA had to say about this addition to its ranks… [Read more…] about Sign of the Times: App Makers Snapchat, Shutterfly & Yelp Join CEA

Filed Under: Associations, Brands, News, Pivot Point, Strategy Tagged With: CEA, CEMA, Shutterfly, Snapchat, Yelp

JVC Kenwood Launches 1st Initiative in New, More Commercial Business Strategy

January 17, 2014 by Ted Leave a Comment

JVC Kenwood LogoJust one day after we reported that JVC Kenwood was turning away from the Consumer Electronics business and choosing to instead pursue more commercial enterprises – the company announces its first major partnership in this new operating model. The company has partnered with Europe’s Airbus Defence and Space in a major new initiative to develop a public safety wireless broadband technology for the North American and European markets.

Learn more about the major new partnership for the company… [Read more…] about JVC Kenwood Launches 1st Initiative in New, More Commercial Business Strategy

Filed Under: Asian Connection, Brands, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Airbus, Airbus Defence and Space Form Alliance, JVC, JVC Kenwood, Kenwood

This is Big: JVC Kenwood Turns Away from Consumer Electronics; Picks Commercial Biz Instead

January 16, 2014 by Ted Leave a Comment

Photo Showing JVC Kenwood Corporate Vision

In a big announcement in Tokyo today, JVC Kenwood CEO Haruo Kawahara said the company will drastically overhaul its business – more so that previously announced – turning away from consumer electronics and towards more commercial businesses, according to the Nikkei. The CEO, in his most specific comments since the company revised its forecast from a profit to a loss for the current fiscal year, is signaling a significant sea change for the company…

See more on this surprising announcement from the struggling company… [Read more…] about This is Big: JVC Kenwood Turns Away from Consumer Electronics; Picks Commercial Biz Instead

Filed Under: Asian Connection, Brands, Manufacturers, News, Pivot Point, Strategy Tagged With: JVC Kenwood

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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