In a report that is sure to surprise many and even stun some, the Korea Fair Trade Commission, South Korea’s fair trade watchdog, announced that just four large companies – or conglomerates – generate 90% of all of the total net profit earned in the country in 2013. The commission, which closely tracks the performance of what they call the largest conglomerate companies, issues their report every April with this year’s report showing the share of the top four have continued to grow since 2011.
The New York Times reported this morning that New York’s powerful attorney general, Eric T. Schneiderman, has entered the dispute between LG Electronics and various environmentalist groups seeking to force LG to modify construction plans for its new headquarters facility. Schneiderman, siding with the environmentalist groups, has filed an amicus brief with the appellate court asking it to reverse a lower court decision that allowed the construction to proceed.
Just about every dealer and integrator (and manufacturer, for that matter) is acutely aware of how popular streaming music is with their clients/customers. Now, new industry statistics, reported on by market researcher eMarketer, provides a dramatic indicator of just how popular streaming music has become. And it is likely much more popular than you could imagine.
Former CEO Pacor Comments on Brand Acquisition Strategy
We learned last week that D&M Holdings, also known as the D+M Group, sold off its Calrec Audio brand to Electra Partners, a London-based private equity company. D&M received £14 million ($23.1 million) for Calrec, a designer of premium audio products and live-to-air consoles for the broadcast market. The move is part of a plan to divest itself of all non-core businesses, CEO Jim Caudill has said in press reports.
Yamaha Corporation of America announced this week that it has updated its well-regarded RX-V line of A/V receivers adding several new and popular features such as new wireless capability, a new surround capability, and new streaming services. Included in this update are the 7.2-channel RX-V777BT, RX-V677, RX-V577…as well as the 5.1-channel RX-V477. The company notes that these models embody a rare combination of sound quality, convenience, and accessibility.
Japan Display, Inc., the largest manufacturer of LCD displays for smartphones and tablets in Japan, launched their initial public offering (IPO) on Wednesday this week amid great anticipation. It was a big listing – with a total value of $3.2 billion, it was the biggest IPO since Suntory’s food-and-beverage unit raised $3.9 billion in 2013.
Savant Systems announced today that it has appointed Mike Kavanaugh as its Sales Director for the West Coast effective April 14, 2014. Kavanaugh, a well-known and prominent custom integration rep, is the principal of MK Marketing, a successful 20+ year sales representative company based in Southern California.
In a brief announcement today, Cabasse – a French loudspeaker manufacturer with a small niche following here in the U.S. – announced that it has appointed electronics brand Integra as its “exclusive” distributor for the United States. This new relationship takes effect retroactively to March 1, 2014.
In a report that is sure to surprise many and even stun some, the Korea Fair Trade Commission, South Korea’s fair trade watchdog, announced that just four large companies – or conglomerates – generate 90% of all of the total net profit earned in the country in 2013. The commission, which closely tracks the performance of what they call the largest conglomerate companies, issues their report every April with this year’s report showing the share of the top four have continued to grow since 2011.
Just about every dealer and integrator (and manufacturer, for that matter) is acutely aware of how popular streaming music is with their clients/customers. Now, new industry statistics, reported on by market researcher eMarketer, provides a dramatic indicator of just how popular streaming music has become. And it is likely much more popular than you could imagine.
We learned last week that D&M Holdings, also known as the D+M Group, sold off its Calrec Audio brand to Electra Partners, a London-based private equity company. D&M received £14 million ($23.1 million) for Calrec, a designer of premium audio products and live-to-air consoles for the broadcast market. The move is part of a plan to divest itself of all non-core businesses, CEO Jim Caudill has said in press reports.
Yamaha Corporation of America announced this week that it has updated its well-regarded RX-V line of A/V receivers adding several new and popular features such as new wireless capability, a new surround capability, and new streaming services. Included in this update are the 7.2-channel RX-V777BT, RX-V677, RX-V577…as well as the 5.1-channel RX-V477. The company notes that these models embody a rare combination of sound quality, convenience, and accessibility.
Japan Display, Inc., the largest manufacturer of LCD displays for smartphones and tablets in Japan, launched their initial public offering (IPO) on Wednesday this week amid great anticipation. It was a big listing – with a total value of $3.2 billion, it was the biggest IPO since Suntory’s food-and-beverage unit raised $3.9 billion in 2013.
In a brief announcement today, Cabasse – a French loudspeaker manufacturer with a small niche following here in the U.S. – announced that it has appointed electronics brand Integra as its “exclusive” distributor for the United States. This new relationship takes effect retroactively to March 1, 2014.
