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  1. #1

    Dynaudio sold off to China - News Press

    GoerTek Inc. acquires the majority shares of Dynaudio

    GoerTek Inc. a consumer electronics company based in Weifang, China, has acquired the majority shares of Dynaudio. Wilfried Ehrenholz, the founder of Dynaudio, will remain as a minority shareholder and continue to participate in Dynaudio´s product and marketing strategy. Dynaudio is a significant player in the international speaker market and over the past 35 years Dynaudio has built a position as the leading high-end brand. Over the years, Dynaudio has been capable of applying its strong competencies within sound to the car industry and leading sound studios all over the world. GoerTek Inc. claim that they will be able to accelerate product development, innovation and growth strategy and further strengthen its position in the premium audio/speaker market.


    Speakeasy

  2. #2
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    Re: Dynaudio sold off to China - News Press

    That is a shocker. Lets hope it does not turn out the way Hafler did when similar happened years ago. I hate to lump everything made in China into one basket, but 99% of what USA gets that is made there is pure junk.
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  3. #3

    Re: Dynaudio sold off to China - News Press

    That will be the end of Dynaudio.

  4. #4
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    Re: Dynaudio sold off to China - News Press

    DynAudio goes Chi-Fi.
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  5. #5
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    Re: Dynaudio sold off to China - News Press

    I hope that makes my old Audience 82s, 42s, and 122c more valuable
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  6. #6

    Re: Dynaudio sold off to China - News Press

    I'm of the view that Chi-Fi is junk too. But what annoys me most is the rampant espionage and intellectual property theft which has become the short sited bi-product of offshore manufacturing driven by the demand for lower production costs.

    I live in a country where we no longer manufacturer anything. Without a manufacturing base, there is no innovation incentive IMO.

    How many hundreds of billions did Alibaba float for? An e-store that encourages the counterfeit production of countless goods made in China.


    Speakeasy

  7. #7

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by Steve View Post
    I'm of the view that Chi-Fi is junk too. But what annoys me most is the rampant espionage and intellectual property theft which has become the short sited bi-product of offshore manufacturing driven by the demand for lower production costs.

    I live in a country where we no longer manufacturer anything. Without a manufacturing base, there is no innovation incentive IMO.

    How many hundreds of billions did Alibaba float for? An e-store that encourages the counterfeit production of countless goods made in China.
    Apparently we can't spell either.

  8. #8
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    Re: Dynaudio sold off to China - News Press

    Steve - I'm not sure all Chi-Fi is junk. The Line Magnetic 219ia is an excellent product, built like a tank, that sounds great. I heard some new chi-fi gear at RMAF that was quite good as well. There was an impressive turntable for $3700. They had some nice SET amps too.
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  9. #9

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    Apparently we can't spell either.
    Thank the constant fighting with the auto correction for that.


    Speakeasy

  10. #10

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by Mike View Post
    Steve - I'm not sure all Chi-Fi is junk. The Line Magnetic 219ia is an excellent product, built like a tank, that sounds great. I heard some new chi-fi gear at RMAF that was quite good as well. There was an impressive turntable for $3700. They had some nice SET amps too.
    OK, I may have overstated myself emotionally. Given the rate of industrialisation, there will come a day when Chinese innovation will technically outflank the rest of the world. That could be a sombre thought.

    I like buying Made In USA. I like buying Made In Denmark. I like buying Made In Australia. I like what that represents.


    Speakeasy

  11. #11
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    Re: Dynaudio sold off to China - News Press

    Sad to see this.
    Jock

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  12. #12

    Re: Dynaudio sold off to China - News Press

    Sad to hear this, I had always liked their range of products.

    I am not a huge fan of China made products. I lived there and I've seen and experienced enough of production and quality issues. They may have the best factory, but it will take a single supply to screw up the final product. And it does happen.

    The products made in China do not have any longevity as well. They may look and sound good when new, give it a few years and you will experience degradation and faults. For mass market items, they are OK as no one takes notice and just throws it away when it's broke, but I do not buy Chinese made high end - if it breaks, it can be painful.

  13. #13
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    Re: Dynaudio sold off to China - News Press

    That is a shocker. Utterly disappointing. I better hold on to my Dynaudio Sapphires as the company is not going to have the same cachet anymore.

  14. #14

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by apdoc2004 View Post
    That is a shocker. Utterly disappointing. I better hold on to my Dynaudio Sapphires as the company is not going to have the same cachet anymore.
    I totally agree. Dyanaudio as we all knew it is dead. May it rest in peace. How long will it be before all Dyanaudio production is moved to China? Now people will have to clearly state in their ads when they sell real Dynaudio speakers they are "pre-Chinese" Dynaudio.

  15. #15
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    Re: Dynaudio sold off to China - News Press

    I guess it will remain to be seen whether or not the line changes at all. Is it possible that they may actually get better? Oh the horror!

    Sent from my HTC One.
    Doug



  16. #16

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by dlb2 View Post
    I guess it will remain to be seen whether or not the line changes at all. Is it possible that they may actually get better? Oh the horror!

    Sent from my HTC One.
    Seriously???

  17. #17
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    Re: Dynaudio sold off to China - News Press

    .

    Jim

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  18. #18
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    Re: Dynaudio sold off to China - News Press

    Sad face.

  19. #19

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by apdoc2004 View Post
    That is a shocker. Utterly disappointing. I better hold on to my Dynaudio Sapphires as the company is not going to have the same cachet anymore.

    Guys,
    As someone that works for the company and received word of this Monday morning, I must say that initially I was a little worried however after a conversation with Wilfried on Monday I now see why this has taken place and where the company is headed. First thing you must know and quite possibly the most important thing is that Dynaudio products will never move from Denmark. The CEO of GoerTek announced this personally and has said this was one of the most attractive aspects of Dynaudio, how a rather small company could have such advanced manufacturing in house. He is committed to the Dynaudio Legacy both personally and financially. Wilfried stated that this was a company(GoerTek) that shares his vision of Dynaudio for the future and will help us move up the timeframe and future projects and remain committed to quality and performance that we are known for. Wilfried retains 15% ownership and remains in the "man", all of our other management and production will remain the same so if you were to ask me I would say it is all positive. I am open to questions or concerns.

    Mick Tillman
    Dynaudio North America

  20. #20
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    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    Seriously???
    Seriously.

    Sent from my HTC One.
    Doug



  21. #21
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    Re: Dynaudio sold off to China - News Press

    Mick,

    Thank you so much for joining.

    Quote Originally Posted by Dynlunatic View Post
    Guys,
    As someone that works for the company and received word of this Monday morning, I must say that initially I was a little worried however after a conversation with Wilfried on Monday I now see why this has taken place and where the company is headed. First thing you must know and quite possibly the most important thing is that Dynaudio products will never move from Denmark. The CEO of GoerTek announced this personally and has said this was one of the most attractive aspects of Dynaudio, how a rather small company could have such advanced manufacturing in house. He is committed to the Dynaudio Legacy both personally and financially. Wilfried stated that this was a company(GoerTek) that shares his vision of Dynaudio for the future and will help us move up the timeframe and future projects and remain committed to quality and performance that we are known for. Wilfried retains 15% ownership and remains in the "man", all of our other management and production will remain the same so if you were to ask me I would say it is all positive. I am open to questions or concerns.

    Mick Tillman
    Dynaudio North America
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  22. #22
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    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by Dynlunatic View Post
    Guys,
    As someone that works for the company and received word of this Monday morning, I must say that initially I was a little worried however after a conversation with Wilfried on Monday I now see why this has taken place and where the company is headed. First thing you must know and quite possibly the most important thing is that Dynaudio products will never move from Denmark. The CEO of GoerTek announced this personally and has said this was one of the most attractive aspects of Dynaudio, how a rather small company could have such advanced manufacturing in house. He is committed to the Dynaudio Legacy both personally and financially. Wilfried stated that this was a company(GoerTek) that shares his vision of Dynaudio for the future and will help us move up the timeframe and future projects and remain committed to quality and performance that we are known for. Wilfried retains 15% ownership and remains in the "man", all of our other management and production will remain the same so if you were to ask me I would say it is all positive. I am open to questions or concerns.

    Mick Tillman
    Dynaudio North America
    Thanks for clarifying Mick. Thanks for joining.


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  23. #23

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by Dynlunatic View Post
    Guys,
    As someone that works for the company and received word of this Monday morning, I must say that initially I was a little worried however after a conversation with Wilfried on Monday I now see why this has taken place and where the company is headed. First thing you must know and quite possibly the most important thing is that Dynaudio products will never move from Denmark. The CEO of GoerTek announced this personally and has said this was one of the most attractive aspects of Dynaudio, how a rather small company could have such advanced manufacturing in house. He is committed to the Dynaudio Legacy both personally and financially. Wilfried stated that this was a company(GoerTek) that shares his vision of Dynaudio for the future and will help us move up the timeframe and future projects and remain committed to quality and performance that we are known for. Wilfried retains 15% ownership and remains in the "man", all of our other management and production will remain the same so if you were to ask me I would say it is all positive. I am open to questions or concerns.

    Mick Tillman
    Dynaudio North America

    15% ownership doesn't mean much in the grand scheme of corporate business and the high-end is littered with former owners who lost control of their companies after a merger or sale. Some even lost the rights to their name like Mark Levinson and Bob Carver. Time will tell whether or not this was a good move for Dynaudio or it was a good move for GoerTek and China. I somehow doubt it will be both, but again, time will tell. It will also be interesting to see how GoerTek will "move up the time frame and future products and remain committed to quality and performance" if the production is going to remain in Denmark.

  24. #24
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    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    Seriously???
    +1 Really ?
    Paul

  25. #25

    Re: Dynaudio sold off to China - News Press

    Makes me want to take my Special 25's out of the box and crank up some vinyl. As long as Mfg stays in Denmark they should hold onto the quality as expected.

  26. #26

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by dan31 View Post
    Makes me want to take my Special 25's out of the box and crank up some vinyl. As long as Mfg stays in Denmark they should hold onto the quality as expected.
    Anybody read the story about the clothing factory that just burned to the ground in Italy that was run by Chinese and employed smuggled Chinese workers that was manufacturing clothing that said "Made in Italy?"

  27. #27

    Re: Dynaudio sold off to China - News Press

    Good thing Dynaudio isn't Italian!

  28. #28

    Re: Dynaudio sold off to China - News Press

    Thanks for having me! I would like to be as much of a resource and myth muster as much as possible so ask away.

  29. #29

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by Dynlunatic View Post
    Thanks for having me! I would like to be as much of a resource and myth muster as much as possible so ask away.
    Right now Dyanaudio and their new owners are in the honeymoon phase where everything is peaches and cream. Please check back with us as time marches on and let us know how all of the inevitable changes are going.

  30. #30
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    Re: Dynaudio sold off to China - News Press

    Big Welcome MICK
    Glad to see you on some boards again. Don't be scared of the Sharks These folks are civilized.

    Thanks for the explanation. The future will be interesting. If done right it could be better - just don't come out with too many upgrades too fast. It kills resale which is one of the better aspects Dynaudio has been known for. Moving up the line wasn't that costly at all.

    Again welcome and thanks for joining.
    George

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  31. #31
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    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    Apparently we can't spell either.
    I don't think that would be considered a spelling error as much as using a noun where a verb is indicated.
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  32. #32

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by GaryProtein View Post
    I don't think that would be considered a spelling error as much as using a noun where a verb is indicated.
    The reply editor with its stubborn auto corrector override was NOT Made In Australia. ��

    Here's an adverb. FOR SALE. Dynaudio Evidence Master. Near new. Very low hours. PERTH WA seller. AU$48,500. CHEAP. RRP AU$149,000. I have heard these hooked up to Bryston gear & they did sound quite fantastic.

    (classified is on Australian forum)


    Speakeasy

  33. #33
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    Re: Dynaudio sold off to China - News Press

    Mick, thanks for the insider news. Greatly appreciated.

    That said, the company I work for has changed ownership 4 times since I was hired 9 years ago. Each time we were all told the same thing you were told. Right from the CEOs mouth. Each time they let us think that for a time while in the darkness, they were scheduling all the mass changes, most for the worse.

    Here is to wishing all the best for my favorite speaker company moving forward!
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  34. #34

    Re: Dynaudio sold off to China - News Press

    As I said before, this is the stage of the relationship where everything is sweetness and light. Sort of like when you're first dating a woman and you are 1000 times nicer than you are in real life.

  35. #35

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    As I said before, this is the stage of the relationship where everything is sweetness and light. Sort of like when you're first dating a woman and you are 1000 times nicer than you are in real life.


    LOL so true
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  36. #36
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    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    As I said before, this is the stage of the relationship where everything is sweetness and light. Sort of like when you're first dating a woman and you are 1000 times nicer than you are in real life.
    I really HOPE everyone is wrong because Dynaudio makes a fantastic speaker for the money. But I would also have to say if any Dyn owners are considering moving up the Dynaudio ladder now may be the to pull the trigger on existing inventories or roll the proverbial dice .
    George

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  37. #37

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by volks View Post
    LOL so true
    Man to new date: "Why yes, I love to go to candle stores and sniff candle scents all day."

  38. #38

    Re: Dynaudio sold off to China - News Press

    Quote Originally Posted by mep View Post
    Man to new date: "Why yes, I love to go to candle stores and sniff candle scents all day."
    I was subjected to candle sniffing when I started dating again. I hate candles because those particulates will land on your HiFi gear! After the honeymoon period, candles were banned. LoL.

    Any winging about my particulates is quickly dispelled with romantic music.


    Speakeasy

  39. #39

    Re: Dynaudio sold off to China - News Press

    Well hopefully the information "Mick" gave us will hold true, either way I am up for upgrading my current Dynaudio's! I got into this because I love music and Dynaudio to my ears produces the the most accurate sound with precision clarity that most other manufactures strive for.

  40. #40

    Re: Dynaudio sold off to China - News Press

    I wish this happened 10 years from now so I'd have the means to buy some of Dynaudio's higher-end offerings.

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Dynaudio sold off to China - News Press

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