In Reply to: Was Dynaudio in financial trouble? posted by morricab on October 24, 2014 at 00:39:39:
I am sad to say that I agree entirely with Morricab, that this "transaction" respresents the end of Dynaudio as we have known it. The company has decided to cash out, like many Hifi Companies before them.
We have seen this before...the Chinese bought out Krell in the mid-2000's. The name Krell still appears on the new products but audiophiles know that the new Krell products are nothing like the old.
Similarly, when the Chinese bought out REL, they wasted no time laying off all the English REL staff. The new Chinese REL products are in no way comparable to English REL products.
I can go on.
The Chinese bought Rogers loudspeakers in 1993 and by 1998 had closed down the (English) speaker building operation entirely. Rogers products ceased to be traded except in the Far East where you saw the Rogers name attached to vacuum cleaners. It seeems the Chinese only saw value in the name and trademark.
The Chinese bought the English Verity Audio Group (including the venerable Mission brand) in the late nineties. Since then the former Verity brands have virtually vanished.
I also think that its telling that Chinese hifi collectors (who are busy vacuuming up all the world's best hifi) won't touch the products of the Chinese-owned companies. They prefer the originals. They know the difference.
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Follow Ups
- Chinese ownership - layman 08:50:01 10/24/14 (20)
- RE: Chinese ownership - sudz1234@yahoo.com 16:22:10 10/24/14 (1)
- I thought that was BAT bought by Music Direct. (nt) - kuma 08:55:21 10/28/14 (0)
- RE: Chinese ownership - Sprezza Tura 09:29:09 10/24/14 (1)
- RE: Chinese ownership - unclestu 14:38:05 10/24/14 (0)
- WHAT IS YOUR SOURCE FOR "THE CHINESE" HAVING BOUGHT KRELL? - John Marks 09:05:50 10/24/14 (15)
- KT or KP Capital Partners? - -æ- 09:37:14 10/24/14 (0)
- RE: Krell - layman 09:23:55 10/24/14 (13)
- AFAIK, Krell was having products made in China while Mr. D'Agostino was in control. - John Marks 10:12:58 10/24/14 (12)
- Your opinion please about Dynaudios new owner Goertek versus Knowles - Ole Lund Christensen 06:32:27 10/27/14 (1)
- Knowles won over GoerTek in US court - Ole Lund Christensen 06:38:39 10/27/14 (0)
- Wonder how many lives were saved from burning USA amps by smoke detectors... - musetap 19:45:58 10/24/14 (8)
- Touché !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - John Marks 19:55:55 10/24/14 (7)
- RE: 'twill do, twill serve i.e...... - wangmr 21:48:41 10/25/14 (6)
- You must admit, his was a brilliant comeback - John Marks 07:43:31 10/26/14 (5)
- okay, cute comeback..... - wangmr 04:42:14 10/27/14 (4)
- AFAIK, the few small remaining pieces of the old US CE industry are in Northern Mexico - John Marks 16:36:16 10/27/14 (3)
- RE:thank you for your considered response [n.t.a.] - wangmr 21:41:34 10/27/14 (0)
- RE: AFAIK, the few small remaining pieces of the old US CE industry are in Northern Mexico - sudz1234@yahoo.com 16:40:25 10/27/14 (1)
- I was answering his question. - John Marks 06:42:26 10/28/14 (0)
- Fire hazard hot line :-) - mark111 16:12:56 10/24/14 (0)