#1
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Onkyo no more
Onkyo has filed for bankruptcy. The Japanese brand has been a fixture of the hi-fi scene since 1946, but couldn't meet shifting consumer demand.
The firm filed at Osaka District Court on Friday, with total liabilities of around 3.1 billion yen ($24 million), Nikkei reports. However, the Onkyo name will live on. In September, it sold its core home AV business to Sharp and the US-based Voxx International, and its earphones and headphones business to an investment fund. The Onkyo brand will live on in a joint venture between Sharp and Voxx. The Osaka-based company was delisted in August. Two subsidiaries handling Onkyo's OEM (original equipment manufacturing) and sales filed for voluntary bankruptcy in March. Onkyo made its name making classic hi-fi kit like speakers and turntables, and later AV receivers. Recent products such as the A-9010 successfully continued the company's good name. The first indication that all was not rosy came in 2019 when Onkyo tried and failed to sell its audio business to Sound United – owner of Denon and Marantz – for a reported $73m (approx £53m, AU$95m). The company subsequently tried to keep doing business on a smaller scale, but couldn't stop its worsening cash flow problems, the firm told Nikkei. https://www.whathifi.com/news/legend...for-bankruptcy
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McIntosh MC500, McIntosh C48, PS Audio DirectStream Sr., Celestion Ditton 66, Marantz SA-14S1, SVS SB-2000 Pro, Aurender N100H, Matrix X-SPIDIF-2 DDC |
#2
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Still have fond memories of this bad boy:
The Grand Integras were awesome.
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Library: Speakers: Avalon Acoustics Isis, Subwoofers: (2) REL Acoustics 212SE Amplification: D’agostino Momentum preamplifier, D’agostino S250 stereo amplifier Digital: dCS Rossini CD/SACD transport, dCS Rossini DAC/streamer/master clock. Analog: Brinkmann Taurus table, Lyra Etna Lambda, Audio Research Ref. Phono 3 |
#3
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Sad to see - back in the day their gear was highly regarded. Several friends had great sounding Onkyo systems.
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Sources: Vinyl: Clearaudio Innovation Wood turntable with 9" Universal tonearm, Da Vinci V2 cartridge, Stillpoints SS & Stillpoints clamp, McIntosh MVP 901, Apple Mac mini via Benchmark DAC 1, Aurender N100C via Schiit Yggdrasil Control: McIntosh C1100, Mcintosh MX151 Power: Mcintosh MC2301s (front), McIntosh MC501 (center), Mcintosh MC402 (rear) Speakers: Sonus Faber Amati Futura (front and back), SF Vox center Power/connections: PS Audio Power Port receptacles, RGPC 400 pro (2) WireWorld interconnects and speaker cable |
#4
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They looked great but in reality sounded somewhat average
Plagued with constant issues with receiver models hdmi Meters and looks only go so far. |
#5
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Onkyo lost its way several years ago when it cheapened it’s Integra product offerings and disenfranchised it’s loyal customer base by Ignoring an HDMI technical issue.
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Main System: Amati Futura Mains Amati Homage VOX Center, Proac Response 1sc Rears, Three MC2301's for L,C,R MC 602 for the rears C 1100, MX 151, MCD 1100, MR 80 Nottingham Dais with Wave Mechanic Sumiko Palo Santos Presentation SurfacePro 3, RPi 4, ROON, WW Starlight Platinum USB, Schiit Yggdrasil, Benchmark DAC3 HGC MX 151, OppO BDP-95, JVC RS-500 DILA projector, 106" diagonal Stewart Luxus Screenwall Deluxe with Studiotek 130 G3 material. Lake House: Ohm F, MC 275V, C2300, MR 77, Rega P3 OnDeck: McIntosh MAC 4300v |
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