Disqus
Bang & Olufsen, well known for their pricey consumer electronics and high-end styling, has announced that they will be pulling the plug on manufacturing everything outside their core TV and sound system business. That means all those mobile phones, DVD players and DVD recorders that well-heeled consumers were snapping up last year are going to become a bit more scarce.
The problem is that current economic conditions don’t favor high-end gadget purchases like $2000 cellphones and $20,000 home theater systems. Bang & Olufsen’s chief executive Karl Kristian Hvidt Nielsen says that sales on all products have taken a hit. “It’s a pretty broad spread.”
So, if a Bang & Olufsen handset was high on your list of must-have gadgets for this holiday shopping season, may we suggest eBay or Craigslist?
[Via: Financial Times]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
