CES is back and its bigger than ever. According to the CTA (formerly CEA), the show spans 2.3 million sq.ft. of exhibit space, in which more than 3,600 exhibitors of all sizes and types have set up booths to hawk their wares. The show is expected to draw more than 150,000 attendees and 6,000 member of the press. It is impossible to cover the entire event…it has just gotten too large.
Luckily, with the industry stuck in several well-worn trends, we in the media can focus our attention beyond these usual suspects – automotive tech (autonomous vehicles and related technologies), drones, 4K UHD TV, Internet of Things (IoT), wearables – to new areas (such as Virtual Reality), and iterative updates from current companies.
Allnet Distributing, the large Chicago-based custom integration-focused distribution company founded by former AVAD principal Wally Whinna, announced that it has opened an outlet in Carmel, IN, an area just outside of Indianapolis. The new location will take over responsibility for servicing the Indiana market which was previously handled out of the firm’s Chicago-area headquarters facility in Elk Grove Village, IL.
Last week, Moody’s Investors Service announced that it was cutting Toshiba Corp.’s long-term senior bond rating to Ba2, or “junk” status. Considering recent reports from Toshiba, a major industry player that is stumbling in the wake of a 
The media in Japan is reporting that Hon Hai Precision Industry Co., a Taiwanese manufacturer mostly known for its Foxconn OEM division that is Apple Inc.’s largest supplier, has made a $2.5 billion offer acquire Sharp Corp., Japan’s troubled LCD display manufacturer. But Hon Hai’s offer has one very special condition of sale that won’t be popular in Sharp’s Osaka headquarters…
Toshiba, who is on the verge of announcing a record loss and plans another round of layoffs, is far from the only Japanese giant who is stumbling. A new analysis by the Nikkei suggests it’s possible that Sharp Corp. may not have enough cash to survive the winter – despite the fact that multiple potential suitors are swirling around them in a head-spinning series of negotiations that, so far, are unproductive. And the news of these new troubles have surfaced after they successfully concluded negotiations for 
Thiel Audio unexpectedly announced late today that it would show and demonstrate a new product – a powered subwoofer – at next month’s CES show in Las Vegas, Nevada. This new subwoofer, called the SmartSub™ 1.12, is the first new product introduced by Thiel in a year and appears to contain several new technologies for the company including Wi-Fi integration, app control, advanced signal processing and more.
A new board of directors has been selected by the Home Technology Specialists of America (HTSA), one of the leading retail buying groups in the U.S. This new board, along with the recently announced new managing director (Jon Robbins), represents an all-new and fresh approach to group management and oversight – albeit from a selection of executives with tremendous history within the organization.
