Reverse costings not appreciated by everyone - (Oct 20th)
We've struck a raw nerve here and there; our reverse costing exercise hasn't been appreciated by the entire UK audio industry which to me is odd.
Guess you can't win 'em all can you so, make up your own mind - here.
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Change of plan! - (Oct 4th)
Ref' the previous 'Big Bucks' story, there'll apparently be no sale after all because of "market forces" (whoever they are). ______________________________________________________
Big Bucks! - (May 11th)
Seems that the mighty Harman International has been aquired by those well known audio industry stalwarts Kohlberg Kravis Roberts & Co and Goldman Sachs Group Inc.
A figure of $8bn has been suggested as the purchase price which is, by anyones' standards, fairly substantial.
I wonder who's next?
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Quiet time for industry news - (March 8th)
It's been a quiet period for Pro-Audio industry news so far this year - little of importance has happened.
A leading British drive unit manufacturer went bang and was thankfully rescued by another.
A Japanese company has closed two speaker manufacturing plants in the USA with the loss of 350+ jobs and moved production to China.
Turbosound is now an Italian company having been sold in February to ProEl.
Martin Audio has also been sold and is now part of USA based LOUD Technologies.
Must be a sign of the times that such earth shattering announcements would have been accepted as shocking five years ago but these days they're viewed as commonplace.
We can only assume that the main beneficary of these announcements will eventually be the Chinese.
On the subject of Chinese manufacture there are some mind boggling anomilies that our leaders in government choose to ignore maybe due to their fear of a Chinese trade backlash or could it be that some other form of self-interest is the reason?
As a British speaker manufacturer exporting your products to a number of Asian or south American countries you could expect up to 40% to be added to your prices for import duties on finished goods.
If you're a UK importer of USA built products you pay over 8% import duty.
If you're a UK importer of British brand products currently manufactured in China you apparently pay little or no import duty at all.
Don't you just
love all this talk about global fair trade.
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