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Sharp Asks 2,000 Employees to Leave – 3,000 Raise Their Hands

November 20, 2012 by Ted Leave a Comment

Image of Sharp logoSharp Corp., the struggling Japanese manufacturer that is widely reported to be scrambling to survive, recently offered buyout packages to employees hoping that 2,000 would agree to leave the company. To their surprise, almost 3,000 employees volunteered to leave – good for the company, but a sign of their lack of confidence in the company’s ability to return to profit anytime soon.

See more on this latest indicator of the company’s struggles…

[Read more…] about Sharp Asks 2,000 Employees to Leave – 3,000 Raise Their Hands

Filed Under: Asian Connection, Economic Trends, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Foxconn, Hon Hai Precision Industry Co., Intel, LCD TV, Qualcomm, Sharp

A Major Housing Starts Surprise – Highest Level in 4 Years

November 20, 2012 by Ted Leave a Comment

Photo of home under constructionThe U.S.Commerce Department released new data today detailing an unexpected uptick in housing “starts” or the number of homes that had begun construction during the month of October. According to the report, starts in October increased to a seasonally adjusted annual rate (SAAR) of 894,000 units or 3.6 percent higher than the revised September level of 863,000.

See more on this results which were well above estimates, surprising economists… [Read more…] about A Major Housing Starts Surprise – Highest Level in 4 Years

Filed Under: Economic Trends, News, Research Tagged With: David Crowe, housing starts, NAHB, National Association of Home Builders, residential construction, single-family starts, starts

Nortek Consolidation Continues; Creates New ‘ProAV Group’

November 19, 2012 by Ted 2 Comments

BREAKING NEWS

Nortek LogoNortek Inc. announced this morning that it has consolidated several of its brands into a new organization that they call the “ProAV Group.” Consisting of several Nortek brands that were conspicuously missing from their recently formed “Core Brands” group, the ProAV Group combines Gefen, TVOne, and Magenta Research into one consolidated group.

See more on this latest round of Nortek consolidation… [Read more…] about Nortek Consolidation Continues; Creates New ‘ProAV Group’

Filed Under: Brands, Industry Trends, Manufacturers, Marketing, News, Pivot Point, Strategy Tagged With: Aton, BlueBOLT, Core Brands, David Barnes, Elan, Furman, Gefen, Hagai Gefen, John Dace, Magenta Research, Niles, Nortek, Panamax, ProAV Group, Proficient, Sean Burke, SpeakerCraft, Sunfire, TVOne, Uri Ram, Xantech

France’s Legrand Buys NuVo Technologies

November 15, 2012 by Ted Leave a Comment

Graphic of Legrand websiteThe French conglomerate Legrand’s North American subsidiary announced today that it has purchased Hebron, Kentucky-based NuVo Technologies, LLC. NuVo, a whole house audio solutions provider will continue to run as a freestanding, independent company focusing on the home audio market according to the Legrade announcement. While the products will continue to feature the NuVo brand, the company will now operate under the auspices of Legrand’s Home Systems division.

See more about this unexpected announcement… [Read more…] about France’s Legrand Buys NuVo Technologies

Filed Under: Industry Trends, Manufacturers, Marketing, News, Pivot Point, Specialty, Strategy Tagged With: Cablofil, Electrorack, Legrand, Middle Atlantic, NuVo, On-Q, Ortronics, Pass & Seymore, UStec, Vantage, Watt Stopper, Wiremold

Sharp in Talks with Intel and Qualcomm to Receive Capital Investment

November 15, 2012 by Ted Leave a Comment

BREAKING NEWS

Graphic of Sharp's LogoAccording to multiple reports from Reuters, Nikkei and others, Sharp Corp., the troubled Japanese consumer electronics manufacturer, is in negotiations with Intel Corp. and Qualcomm Inc. about a much-needed capital investment. Sources are telling the media that Sharp may receive as much as $378 million from the companies. The news was enough to send shares of Sharp stock soaring in Japan.

See more on this surprising twist in the Sharp saga… [Read more…] about Sharp in Talks with Intel and Qualcomm to Receive Capital Investment

Filed Under: Asian Connection, Industry Trends, Manufacturers, News, Pivot Point, Strategy Tagged With: Foxconn, Hon Hai Precision Industry Co., Intel, Qualcomm, Sharp

Onkyo Forges Global ‘Strategic Collaboration’ with Imagination Technologies Group

November 15, 2012 by Ted Leave a Comment

Out of Tokyo, Japan this past Monday came word of a new global strategic collaboration between Onkyo Corporation, U.K.-based Imagination Technologies Group, and Imagination’s consumer division known as Pure. A global technology creator, Imagination Technologies Group largely focuses on multimedia, cloud, mobile, and connected audio technologies – often licensed to major consumer brands as part of their product offerings.

See more on this technology agreement…and what it portends for future Onkyo products… [Read more…] about Onkyo Forges Global ‘Strategic Collaboration’ with Imagination Technologies Group

Filed Under: Asian Connection, Brands, Industry Trends, Manufacturers, Marketing, News, Pivot Point, Strategy, Tech Trends Tagged With: Adobe, CSR, Freescale Semiconductor, Fujitsu, Google, Imagination Technologies Group, Intel, LG, Microsoft, NAVTEQ, Onkyo, Pure, Realtek, Renesas, Samsung, Sharp, Sony, Texas Instruments

Where Do Consumers Prefer to See Advertisements?

November 14, 2012 by Ted Leave a Comment

Think you know how the typical consumer – if there is such a thing – feels about advertising in our new digitally-enhanced world? You just might be surprised! For example, in today’s increasingly digital world…marketers are devoting more dollars to digital media such as websites, email marketing, paid search marketing, social media marketing, and more.

But how does traditional print and broadcast media fit into our new digital marketing world?… [Read more…] about Where Do Consumers Prefer to See Advertisements?

Filed Under: Consumer Trends, Marketing, Research, Strategy, Survey Tagged With: Adobe, eMarketer

OK, 3D HDTV Flopped – Industry Turns to Next Trick in Bag: Ultra HDTV

November 14, 2012 by Ted 4 Comments

Photo of Sony 4K UHDTV at CEATEC show in Japan
Sony 4K LCD TV at the CEATEC show in Japan earlier this year.
[PHOTO: Junko Kimura/Bloomberg via Getty Images]
It’s a tough time to be an executive at one of the major television manufacturer’s these days. After a record run – with help from the U.S. government mandating a switch to digital broadcasting virtually forcing American consumers to upgrade their sets – the industry appears to have lost its mojo. So, with great fanfare, manufacturers went back to the well, trying to convince consumers to “upgrade” their sets to new 3D capable sets. But 3D was a dismal flop.

Now manufacturers have dug deep into their bag of tricks to offer 4K HDTV, also known as Ultra HDTV… [Read more…] about OK, 3D HDTV Flopped – Industry Turns to Next Trick in Bag: Ultra HDTV

Filed Under: Industry Trends, Manufacturers, Marketing, News, Shows & Events, Strategy, Tech Trends Tagged With: CEA, CES, International Consumer Electronics Show, NPD DisplaySearch, UHDTV, Ultra HDTV

Moody’s Cuts Sony’s Credit Rating Again; Now Just One Notch Above ‘Junk’

November 9, 2012 by Ted Leave a Comment

Photo of Sony's make.believe logo
PHOTO: Reuters/Yuriko Nakao

The investment community remains unconvinced that new Sony Corp. CEO Kaz Harai is making meaningful headway in turning around the financial performance at the struggling tech manufacturer. And now Reuters is reporting out of Tokyo that credit rating agency Moody’s Investor Services has piled on with another downgrade of the company’s credit, placing it perilously close to “junk” status.

Why did Moody’s downgrade Sony again just one month after a previous downgrade? [Read more…] about Moody’s Cuts Sony’s Credit Rating Again; Now Just One Notch Above ‘Junk’

Filed Under: Asian Connection, Industry Trends, Manufacturers, News, Pivot Point Tagged With: junk, Moody's Investors Services, Sony Corp

Was Your Business Damaged by Hurricane Sandy? Here’s Help…

November 9, 2012 by Ted Leave a Comment

Photo of hurricane damage at Thunderball MarketingMuch has been written about the impact of Hurricane Sandy on the entire East Coast of the United States – particularly in the coastal areas of the New York/New Jersey/Connecticut metropolitan areas. Homes were damaged and destroyed with press reports indicating that thousands of families were displaced. FEMA is sending in temporary homes to house these displaced families.

But other than gas stations dealing with fuel and power shortages, much less has been written on the impact on businesses throughout the area. Certainly, the Jersey Shore had a huge impact – especially on businesses centered on or near the boardwalk at the shore. But as we recently wrote about, other businesses throughout the area – including some CE-related businesses – were also impacted.

Here are some key facts about Federal disaster assistance… [Read more…] about Was Your Business Damaged by Hurricane Sandy? Here’s Help…

Filed Under: News, Pivot Point Tagged With: disaster assistance, Hurricane Sandy, U.S. Small Business Administration

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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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