Harman International, a wholly owned subsidiary of Samsung, is purchasing the audio business of health technology company Masimo for $350 million in cash.
As far as I am aware, AKG hasn’t done anything meaningful since the Samsung buyout. What they HAVE done is move most, if not all, all their headphone manufacturing to Asia from Europe. I really hope we don’t see Denon’s higher headphones killed off.
AKG was bought by Harman, which Samsung owns, and they’re still putting out products. My point is just that I’m not immediately pessimistic
As far as I am aware, AKG hasn’t done anything meaningful since the Samsung buyout. What they HAVE done is move most, if not all, all their headphone manufacturing to Asia from Europe. I really hope we don’t see Denon’s higher headphones killed off.