My guess is they were developing something special for the market, but unfortunately the Global recession came and the banks wouldn’t lend them any more money for the R & D, and so that was the end.
Technics was purely accountants, the music division accounted for about 1% of total sales and so they didn’t consider it worthwhile to continue.
As to Wersi, they got caught out in the last recession, so hopefully shouldn’t make the same mistake this time.
Bohm should also have learnt from the past.
Regards
Bill
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English Riviera:
Live entertainment, Real Ale, Great Scenery, Great Beaches, why would anyone want to live anywhere else (I�m definitely staying put).