New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Hauppauge, N.Y. — Voxx International turned a net profit and higher operating income, but sales were slightly off in its fiscal first quarter, ended May 31.
Net income was $2.1 million in the quarter compared with a prior year’s net loss of $4.7 million. Operating income for the quarter was $3.4 million, an 11.6 percent gain over the year-ago period performance of $3.1 million.
Net sales were $193 million, a decrease of $1 million, or 0.5 percent, compared with net sales of $194 million reported in the comparable year-ago period, Voxx reported.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Fort Worth, Texas – RadioShack plans to expand its house-brand and name-brand audio selection “to refocus on our heritage in audio,” company VP Douglas Lane told TWICE.
“It’s our favorite category. Our salespeople love to sell audio,” said the VP of global sourcing and private brand product management.
New York – Cambridge SoundWorks, the audio supplier that markets direct to consumers, plans to offer Bluetooth speakers, table radios, and a new sound base for TVs through high-volume online and brick-and-mortar retailers.
Cambridge will not make its in-room and architectural speakers available to other retailers, said president/CEO Craig McHugh at a CE Week, here. He acquired the company more than a year ago from parent Creative Sound Labs. McHugh was Creative’s president/COO when he purchased Cambridge.
New York – HiFiMAN brought its next-generation audiophile-oriented personal music player to CE Week and priced it at $1,000.
The HM-901 is targeted to ship at the end of July to replace the HM-801, which is out of stock.
Compared to its predecessor, the device adds dual DACs instead of a single DAC, support for more lossless formats, expanded storage capacity and swappable amplifier cards for use with different types of headphones.
Upper Saddle River, N.J. – Onkyo plans to ship in August its first mini system with an embedded 8-pin Lightning connector to dock with the iPhone 5, fifth-generation iPod Touch, and seventh-generation iPod nano.
The CS-255 CD Hi-Fi Mini System will be available in August at a suggested $299.
The system consists of a CD-receiver with Lightning dock on top and front-panel USB for connecting and controlling iPads and earlier generations of iPhones and iPods. The Lightning dock and USB port are Apple-certified.
New York – Russound sales and staff are growing again as the company prepares to expand its product selection beyond wired multi-room audio systems with centralized controllers to include decentralized IP-based wireless systems.
Encino, Calif. — DTS subsidiary Phorus signed up Nebraska Furniture Mart as its first brick-and-mortar retailer for Play-Fi multi-zone wireless audio products.
Phorus also supported the launch with POP demonstrator units that the company plans to roll out to additional retailers. The POP provides a video tour of the products and their multi-room capabilities.
Bob Carver’s audio engineering prowess will now become a permanent fixture with the Emotiva and Sherbourn high-end audio brands as part of Jade Design’s recent acquisition of the audio legend’s company.
Click here to read this story from TWICE sister publication Residential Systems.
Los Angeles — Audyssey reports music-streaming apps will sound better through headphones connected to iOS and Android devices if the apps incorporate its new technology called AmpIT.
The new technology is a software developers kit (SDK), that enables music-streaming apps to optimize sound output for specific headphone models connected to a smartphone or tablet. The SDK also runs an audio-perception algorithm that maintains perceived bass response that would normally be lost at lower listening levels through headphones.