Copyright © 2008 4 Square Media http://www.smarthouse.com.au/Real_Sound/Industry Thu, 30 Oct 2008 09:18:00 GMT Industry on www.smarthouse.com.au newsfeed.sichbo.ca http://www.smarthouse.com.au/Real_Sound/Industry/L3P5J9L9 Acoustic Energy which is distributed in Australia by Kedcorp is set to launch an aggressive new assault on the two channel audio market. The company, founded in 1987 as a pro audio supplier to the music industry,claim that Australia is set to benefit from a major assault of the US market which will see the roll out of several new products. Thu, 30 Oct 2008 09:18:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/L3P5J9L9 Staff Reporter http://news.smarthouse.com.au/images/shared/20081031082106dd35e.bmp http://www.smarthouse.com.au/Real_Sound/Industry/Q8U2R8K8 Bang & Olufsen who are fast losing traction in the consumer technologyand Hi Fi markets have announced a massive reorganisation following two quarters of net losses and a worldwide sales decline of 7%. They have also reported a $10.2 million loss before taxes compared to a $9.9 million dollar profit last year. Wed, 22 Oct 2008 09:06:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/Q8U2R8K8 David Richards http://news.smarthouse.com.au/images/shared/20081023081353a80ed.jpg http://www.smarthouse.com.au/Real_Sound/Industry/H7P5L2T7 Hi Fi distributor W D Wedderspoon has been dumped by US audio Company Velodyne, makers of one of the world's best subwoofers because of poor sales of their product in Australia. Fri, 26 Sep 2008 07:20:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/H7P5L2T7 David Richards http://news.smarthouse.com.au/images/shared/200809260522379a3af.jpg http://www.smarthouse.com.au/Real_Sound/Industry/S8G3X7S6 A new generation of AV gear including new recievers and wireless speakers have been rolled out at the CEDIA Expo in the USA with most of them now including easy to configure home network capabilities and the ability to interface with iPods and other external sources such as Internet radio, networked PCs external storage devices, and flash-memory drives. Sun, 07 Sep 2008 10:11:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/S8G3X7S6 David Richards http://news.smarthouse.com.au/images/shared/2008090808120863c7c.gif http://www.smarthouse.com.au/Real_Sound/Industry/E7S6F8U2 D&M Holdings the owner of such brands as Marantz, Denon and Boston Acoustics has been sold to venture capital operation Bain Capital US $442.9 million. Sun, 22 Jun 2008 08:12:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/E7S6F8U2 Wire Service http://news.smarthouse.com.au/images/shared/20080622061715321b9.gif http://www.smarthouse.com.au/Real_Sound/Industry/L4B9C9T6 Denon globally is targeting a minimum of 10% growth in 2008 with the Company banking on a new range of A/V receivers however in Australia local Denon distributor Audio products Australia is still refusing to do business with mass retailers where Denon is experiencing significant growth in the USA and European markets. Thu, 22 May 2008 12:37:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/L4B9C9T6 David Richards http://news.smarthouse.com.au/images/shared/20080522103903b7d24.jpg http://www.smarthouse.com.au/Real_Sound/Industry/S5G4L4S9 Two struggling Japanese consumer electronic Companies JVC and Kenwood are set to merge in a desperate effort to return to profitability. The Companies said that they plan to merge on October 1 to survive fierce price competition. During the past five years as many CE Companies have grown due to the demand for consumer electronic products both JVC and Kenwood have gone backwards no more so than in Australia. Mon, 12 May 2008 11:47:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/S5G4L4S9 David Richards http://news.smarthouse.com.au/images/shared/20080512095331f4ec8.jpg http://www.smarthouse.com.au/Real_Sound/Industry/A4T8Q6D3 Home networking penetration worldwide will grow nearly 50% from 2008 to 20010, according to a new Parks Associates white paper. The growth comes as telecommunication carriers like Telstra get set to role out new home gatway products that allow consumers to take advantage of central storage and content options. Parks have also said that adoption of networking technologies will make installed home theaters and multiroom audio systems more affordable, opening up this market to more consumers at low-to-medium income levels. Tue, 15 Apr 2008 11:32:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/A4T8Q6D3 David Richards http://news.smarthouse.com.au/images/shared/20080416093731c441c.jpg http://www.smarthouse.com.au/Real_Sound/Industry/P4B6A7G5 In a strange move U.S consumer electronic retailer Best Buy has joined Harmon Kardon in a battle to buy Japanese audio equipment maker D&M Holdings the maker of brands such as Marantz, Denon, Boston Acoustics, Snell and Escient. Philips has also said that they will sell down their 12% shareholding in the Japanese Company. Sun, 13 Apr 2008 01:11:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/P4B6A7G5 David Richards http://news.smarthouse.com.au/images/shared/200804131120248571f.gif http://www.smarthouse.com.au/Real_Sound/Industry/A6S8H7M3 Move over B&O there’s a new luxury sound dude on the block who has a sound pedigree dating back generations. The $200,000 Steinway Lyngdorf sound system is set to be rolled out in Australia with one business magnet already ordering one ahead of the high end systems offical roll out by Sydney based distributor Audio Connection. Fri, 04 Apr 2008 04:38:00 GMT http://www.smarthouse.com.au/Real_Sound/Industry/A6S8H7M3 David Richards http://news.smarthouse.com.au/images/shared/20080404034239b859b.jpg