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Tiny Koss Scores Big Win over Giant Apple in Patent Dispute Settlement

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Koss Corporaton headquarters in Wisconsin

Expects $10-$14 Million in Licensing Fees in Current Quarter

Back in August 2020, I told you about Koss Corporation filing patent infringement claims against Apple Inc, Bose Corporation, PEAG LLC (JLAB Audio), Plantronics, and Skullcandy. It seemed like an improbable journey for the relatively small specialty headphone maker, but they plunged ahead anyway confident that their wireless audio patents had been unfairly infringed.

This week, after two years of legal battles that had intensified in 2022 and on the eve of a jury trial with mighty Apple, Inc. the two parties reached an agreement settling all disputes in a deal that looks really sweet for Koss.

See more on the big win for Koss

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Tech Takes a Trillion-Dollar Thumping

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Photo of Apple store and logo

We’re ‘…Experiencing a Seismic Shift’ Says Uber CEO

More and more evidence continues to emerge suggesting that the economy is undergoing a fundamental shift, a turn if you will, that will at least slow economic growth – and may lead to recession. Perhaps the clearest indicator of that is the turn taken by tech, which has lost a trillion dollars in value in just three days of trading on the stock market. For the last two-plus years, tech was the driving force behind a dramatic economic expansion during the pandemic. What is happening now?

See more on what is happening with Tech

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As Companies Have Employees Return to Office, Is This the End of Remote Work?

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Google hybrid workspace for return to office
An experimental hybrid workspace and meeting in progress at Google

What Will the Impact of This Trend Be on Custom Integration?

With COVID now seemingly in decline, on Monday Google employees (Googlers?) began the process of returning to work at the company’s various headquarter and other office locations around the country. The company is requiring they work at least three days a week in the office, continuing to work remotely for the other two.

Google is hardly alone in pulling employees back to the office, Apple employees return next week and most major companies have announced dates for office life to begin again. Will this kill remote work and have an impact on the custom integration business?

Read more on this new return to work period

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Sputtering Supply Chain Hit Again – Surge of COVID in Vietnam Closes Factories

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COVID surge in Vietnam is causing global supply chain issues

Brands Like Apple, Samsung, Nike & Adidas Have Been Forced to Close

In a new hit to the supply chain, top brands report that they have been forced to close down factories in Vietnam as the country struggles with a COVID resurgence of surprising resiliency. Notable brand names like Samsung, Nike, Adidas, Apple, Coca-Cola have all at one time or another over the last 90-days been forced to close some or all of their factories as employees came down with the illness.

See more on this new supply chain disruption…

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Sonos Stock Slammed on News Apple Stores Drop the Line

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Photo of Apple store in Chicago

Lost 7% of Value in After-Hours Trading

Bloomberg News reported late on Monday that Apple is dropping Sonos [NASDAQ: SONO] and other non-Apple branded products from their stores. The news of Sonos losing such a major customer caused their stock to derail in after hours trading, down almost 7% in value at one point. On Tuesday, Sonos stock price closed down 3.2% as Wall Street digested the news.

See why Apple stores are dropping Sonos…

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Appeals Court Rules Against Monster & Noel Lee; They Must Pay Beats $14+Mil

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This long and complex series of intertwined legal actions between Monster LLC (and all other Monster related parties) and Beats Electronics LLC (and all other Beats related entities) seemed to be winding down. Back in 2016, I reported on the lower court ruling in favor of Beats who had filed several motions for summary judgment. It seemed as though this was the end, but in 2018, more actions ensued.

Now, 5 years in, have we reached the end?…

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Small Headphone Specialist Koss Corp. Attempts to Slay Giants Apple, Bose & Others in Court

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Milwaukee, WI based Koss Corporation (NASDAQ:KOSS) last month launched a significant litigation effort against several major industry brands in an effort to assert and protect its IP portfolio rights. On July 22, 2020, Koss filed lawsuits against each of Apple, Inc., Bose Corporation, PEAG LLC dba JLAB Audio, Plantronics, Inc., and Skullcandy, Inc. Each of these auspicious brands, Koss says, are infringing on their patents covering wireless headphones and speakers.

See more on this audacious move by Koss…

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LG Adds Apple AirPlay 2 & HomeKit to Select TVs

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Says It’s the First Global TV Maker to Support HomeKit

LG adds Apple AirPlay 2 and HomeKit to Thinq AI TVs

LG Electronics announced today that starting tomorrow Apple AirPlay and HomeKit will be available on its 2019 Thinq AI TV line. The company says this makes them the first global television manufacturer to support HomeKit.

See more on LG offering Apple HomeKit on its TVs…

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Foxconn Cuts 50,000 Jobs as iPhone Pain Continues

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Hon Hai Precision Industry Co., the Apple, Inc. primary supplier better know as Foxconn, has cut more than 50,000 jobs as the pain from the dramatic drop in iPhone sales is taking its toll on the company. Not only that, but the company has fallen short of hiring goals to which it previously committed to the State of Wisconsin – losing major tax credits for this year.

Worse yet, the outlook for the near future, doesn’t look to improve any time soon.

See more on Foxconn’s trouble…

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Apple Supplier Foxconn Hit Hard by iPhone Sales Drop

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Taiwan’s GDP Declines Due to Apple Cuts

Photo: Nikkei

We have followed Foxconn for years now, first picking up on them in 2012 when news had emerged that a significant Apple supplier was having problems with employees committing suicide – eventually forcing the company to install ‘suicide nets’ on their taller factories and offices to help thwart further suicide attempts. Foxconn has continued on to become one of Apple, Inc.’s largest iPhone supplier of parts and assembly.

Foxconn rode the rising iPhone wave, but what about now?…

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