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October 23, 2014, 08:34 AM #1
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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
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October 23, 2014, 09:11 AM #2
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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Brian
Main System - Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables
Secondary - OPPO 93 > VAC CLA 1 MKII Pre > Odyssey Stratos > Dynaudio Audience 82s > Tara Labs Cables
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October 23, 2014, 09:12 AM #3
Re: Dynaudio sold off to China - News Press
That will be the end of Dynaudio.
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October 23, 2014, 09:17 AM #4
Re: Dynaudio sold off to China - News Press
DynAudio goes Chi-Fi.
My Systems: http://www.audioshark.org/showthread...481#post158481
"We can hear everything we measure, but we can't measure everything we hear. Let your ears be your guide."
Dealer for: Aqua Hi-Fi, Aurender, AudioQuest Cables & Power Products, Berkeley Audio, Block Audio (distributor), Boulder Amplifiers, Bowers & Wilkins (B&W), Bryston, Clarisys Audio Loudspeakers (distributor), Classe’ Audio, Degritter Record Cleaning Machines, Esoteric, Finite Elemente, FirstWatt, Focal Loudspeakers and Headphones, GigaFoil, Harbeth Loudspeakers, Hegel, HiFi Man, Innuos, ISO Acoustics, Keces Power Supplies, Kharma Loudspeakers and Electronics, Kuzma Turntables, Lumin, Luxman, Magico Loudspeakers, MBL Speakers & Electronics, MSB Technologies, MySonicLabs Phono Cartridges, Nordost Cables, Ortofon, Pass Labs, Quadraspire, Rega Turntables and Electronics, Shunyata Research, STAX, Stein Music Products, Stillpoints, Soulution, VAC, Vicoustics, Viva Audio, VPI Industries, WireWorld Cables.
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October 23, 2014, 09:21 AM #5
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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Brian
Main System - Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables
Secondary - OPPO 93 > VAC CLA 1 MKII Pre > Odyssey Stratos > Dynaudio Audience 82s > Tara Labs Cables
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October 23, 2014, 09:23 AM #6
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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
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October 23, 2014, 09:47 AM #7
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October 23, 2014, 09:59 AM #8
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.
My Systems: http://www.audioshark.org/showthread...481#post158481
"We can hear everything we measure, but we can't measure everything we hear. Let your ears be your guide."
Dealer for: Aqua Hi-Fi, Aurender, AudioQuest Cables & Power Products, Berkeley Audio, Block Audio (distributor), Boulder Amplifiers, Bowers & Wilkins (B&W), Bryston, Clarisys Audio Loudspeakers (distributor), Classe’ Audio, Degritter Record Cleaning Machines, Esoteric, Finite Elemente, FirstWatt, Focal Loudspeakers and Headphones, GigaFoil, Harbeth Loudspeakers, Hegel, HiFi Man, Innuos, ISO Acoustics, Keces Power Supplies, Kharma Loudspeakers and Electronics, Kuzma Turntables, Lumin, Luxman, Magico Loudspeakers, MBL Speakers & Electronics, MSB Technologies, MySonicLabs Phono Cartridges, Nordost Cables, Ortofon, Pass Labs, Quadraspire, Rega Turntables and Electronics, Shunyata Research, STAX, Stein Music Products, Stillpoints, Soulution, VAC, Vicoustics, Viva Audio, VPI Industries, WireWorld Cables.
https://suncoastaudio.com/
Phone: 941-932-0282
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October 23, 2014, 10:05 AM #9
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October 23, 2014, 10:14 AM #10
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Re: Dynaudio sold off to China - News Press
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
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October 23, 2014, 10:26 AM #11
Re: Dynaudio sold off to China - News Press
Sad to see this.
Jock
If you have integrity, nothing else matters. If you don't have integrity, nothing else matters.
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House: Naim ND555/2PS, Naim 552, Naim 500, Studer A80/Doshi V3, Magico M2s, 2 Magico Q-Sub 15s, Lumina IC/SC, Shunyata Everest and Omega PCs.
Workshop: Naim ND555/2 PS, VAC Master Pre, VAC Sig 200iQ, Border Patrol pre/power, Avant Garde Duo Mezzo XD, 2 Magico Q-Sub 15s, Shunyata IC/SC, Shunyata Typhon QR/Triton V3/Sigma PCs.
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October 23, 2014, 11:55 AM #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.
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October 23, 2014, 12:16 PM #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.
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October 23, 2014, 04:28 PM #14
Re: Dynaudio sold off to China - News Press
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October 23, 2014, 04:31 PM #15
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
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October 23, 2014, 04:34 PM #16
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October 23, 2014, 04:38 PM #17
Re: Dynaudio sold off to China - News Press
.
Jim
D'Agostino Momentum M-400's MxV’s & HD Pre-amp
Wilson Alexandria X2 Series 2 speakers
Digital: dCS Vivaldi APEX DAC, Clock & Upsampler
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Transparent Opus Speaker Cable & Interconnects & Opus Power Cords
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October 23, 2014, 04:41 PM #18
Re: Dynaudio sold off to China - News Press
Sad face.
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October 23, 2014, 04:45 PM #19
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Re: Dynaudio sold off to China - News Press
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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October 23, 2014, 04:50 PM #20
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October 23, 2014, 04:52 PM #21
Re: Dynaudio sold off to China - News Press
Fleetwood Deville by Oswald Mills Audio, Vienna Acoustics Haydn Jubilee, Wharfedale Linton w/ stands, Klipsch RB-75, Klipsch RP-160M.
Job INTegrated. Luxman L-595aSE
NAD C 658 streamer.
First Watt SIT-3, Job 250 Monos, NuForce STA200, AkitikA GT-102 amp, ASL Wave monos, Dennis Had 45 monos. Absolute Audio Labs PCF 25 amp (improved First Watt F7 super clone)
Topping D90, RME Audio ADI-2 DAC FS, ModWright Ultimate Sony XA-5400ES.
Burmester 948, McIntosh MCLK12, Kimber Kable, Siltech, Cardas, Avanti Audio cables.
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October 23, 2014, 04:56 PM #22
Re: Dynaudio sold off to China - News Press
My Systems: http://www.audioshark.org/showthread...481#post158481
"We can hear everything we measure, but we can't measure everything we hear. Let your ears be your guide."
Dealer for: Aqua Hi-Fi, Aurender, AudioQuest Cables & Power Products, Berkeley Audio, Block Audio (distributor), Boulder Amplifiers, Bowers & Wilkins (B&W), Bryston, Clarisys Audio Loudspeakers (distributor), Classe’ Audio, Degritter Record Cleaning Machines, Esoteric, Finite Elemente, FirstWatt, Focal Loudspeakers and Headphones, GigaFoil, Harbeth Loudspeakers, Hegel, HiFi Man, Innuos, ISO Acoustics, Keces Power Supplies, Kharma Loudspeakers and Electronics, Kuzma Turntables, Lumin, Luxman, Magico Loudspeakers, MBL Speakers & Electronics, MSB Technologies, MySonicLabs Phono Cartridges, Nordost Cables, Ortofon, Pass Labs, Quadraspire, Rega Turntables and Electronics, Shunyata Research, STAX, Stein Music Products, Stillpoints, Soulution, VAC, Vicoustics, Viva Audio, VPI Industries, WireWorld Cables.
https://suncoastaudio.com/
Phone: 941-932-0282
Facebook: https://www.facebook.com/Suncoast-Au...1105178279194/
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October 23, 2014, 05:00 PM #23
Re: Dynaudio sold off to China - News Press
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.
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October 23, 2014, 05:14 PM #24
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October 23, 2014, 05:35 PM #25
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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.
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October 23, 2014, 05:40 PM #26
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October 23, 2014, 05:54 PM #27
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Re: Dynaudio sold off to China - News Press
Good thing Dynaudio isn't Italian!
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October 23, 2014, 05:56 PM #28
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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.
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October 23, 2014, 07:38 PM #29
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October 23, 2014, 08:02 PM #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
Aavik U300 - Borresen 03 with optional Supreme D-TC feet - Naim unitiserve 2tb - Ansuz DTC digital cable with power box - Ansuz Mainz8 D-TC with 1 Ansuz Supreme D-TC and 1 Ceramic V2 power cords - Ansuz Ceramic V2 speaker cables - Ansus X Ethernet - pARTicular Novus full suspension rack.
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October 23, 2014, 08:18 PM #31
Re: Dynaudio sold off to China - News Press
Listening Room: McIntosh C46, MEN220, MCD500, MR78-Modafferi modified, MPI4, MC602 (2), Pass Labs XVR1 (three-way), tri-amplified Infinity IRS Series V, TailTwister T2X rotator, AtlasSound FMA Rack, dedicated electrical sub-panel, NO TV!
Living Room: McIntosh C28, MC2300, Revox B226, Tascam CD355, Thorens TD125 MKII w/vacuum platter, Rabco SL-8E, Grace F9-E, McIntosh ML-2C (2) & ML-1C (4) stacked, MQ-107, SAE 2800, Nakamichi Dragon, Tandberg 64X, JL Audio f113 (2), NO TV!
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October 23, 2014, 10:27 PM #32
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Re: Dynaudio sold off to China - News Press
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
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October 24, 2014, 07:43 AM #33
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!-----------------
Brian
Main System - Rotel RCD-1572 / Rega P3 > Luxman 505UX Mark II > Fyne Audio F502SPs > Synergistic Cables
Secondary - OPPO 93 > VAC CLA 1 MKII Pre > Odyssey Stratos > Dynaudio Audience 82s > Tara Labs Cables
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October 24, 2014, 09:13 AM #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.
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October 24, 2014, 04:12 PM #35Main System:Mcintosh MC601's Amplifer,Mcintosh C1000/C1000T Preamp,Kef Ref 5 Speakers,Mcintosh MCD1100 CDP,Mcintosh MT 5 TT, Olive 04HD, Acoustic Zen Absolute Shotgun Cables,4 ELECTRA™ 7 Power Cords&2 Pairs of
ECLIPSE 7 (EBI) XLR's, Consonance D-Linear 15 Ultra Reference Power Conditioner/Surge Protector, SolidTech "Rack of Silence"Reference 4 Audio Stand.
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October 24, 2014, 07:52 PM #36
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Re: Dynaudio sold off to China - News Press
George
Aavik U300 - Borresen 03 with optional Supreme D-TC feet - Naim unitiserve 2tb - Ansuz DTC digital cable with power box - Ansuz Mainz8 D-TC with 1 Ansuz Supreme D-TC and 1 Ceramic V2 power cords - Ansuz Ceramic V2 speaker cables - Ansus X Ethernet - pARTicular Novus full suspension rack.
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October 24, 2014, 08:18 PM #37
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October 24, 2014, 09:23 PM #38
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Re: Dynaudio sold off to China - News Press
Speakeasy
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October 30, 2014, 02:15 AM #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.
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November 3, 2014, 01:33 PM #40
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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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Audioshark is a community of like minded individuals. Audioshark welcomes participation from all manufacturers and owners of all brands and products. It is our belief that online forums provide a community of like minded audiophiles and music lovers to encourage the growth of this wonderful hobby.
Sincerely,
The Audioshark.org Team
AudioShark forum is a leading forum site for High End Audio Discussion, Stereo System Discussion, Home Theater System Discussion, Best Home Stereo System Discussion, Home Theater Installation Discussion etc.
The AudioShark forum was created for sharing the passion of high-end Audio. We have Audiophiles from all over the world participating and sharing their knowledge. From novice to experts, you will find a friendly environment for discussing about High End Audio, Stereo System, Home Theater System, Home Stereo System, Home Theater Installation, Amplifiers, Speakers, Subwoofers, Integrated System, Acoustic treatments & Digital Room Corrections and many more.
At AudioShark, we also have incorporated an exciting Marketplace where members can peruse terrific buys on used gear, as well as meet dealers and discuss the purchase of new gear.
We are as crazy about this hobby as you are! So come on in and join us! Audioshark.org the Friendliest Audio Forum!
Industry Participation Disclosure : The owner and administrator of Audioshark is the owner of Suncoast Audio LLC in Sarasota Florida. Suncoast Audio has a full brick and mortar presence in Sarasota with several great show rooms with many world class brands. More information can be found at http://www.suncoastaudio.com
Audioshark is a community of like minded individuals. Audioshark welcomes participation from all manufacturers and owners of all brands and products. It is our belief that online forums provide a community of like minded audiophiles and music lovers to encourage the growth of this wonderful hobby.
Sincerely,
The Audioshark.org Team
I upgraded the power supply on my Gigafoil v4 to a Weiss PSU 102. It’s very nice step up. But with the new model, you’re looking at $2000 before even investing in a SOTA linear power supply.
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