19-Jul-2019, 10:40
I wonder if anyone noticed that Devialet raised a further 51 million Euros last year!
This number included a 35 million loan from the European Investment Bank.
Based on reports in the French financial press it seems that much of this money is earmarked for expansion of distribution channels into Asia, namely China, South Korea and Japan. New flagship stores in Beijing and Shanghai are being considered.
https://business.lesechos.fr/entrepreneu...or=AD-6000
Also mentioned in this article is the aim to reduce development time of new products.
It does seem as though commercialisation of the Phantom Reactor is the main focus.
Guillaume
This number included a 35 million loan from the European Investment Bank.
Based on reports in the French financial press it seems that much of this money is earmarked for expansion of distribution channels into Asia, namely China, South Korea and Japan. New flagship stores in Beijing and Shanghai are being considered.
https://business.lesechos.fr/entrepreneu...or=AD-6000
Also mentioned in this article is the aim to reduce development time of new products.
It does seem as though commercialisation of the Phantom Reactor is the main focus.
Guillaume
Industry disclosure: UK distributor for Shunyata Research
220 PRO, totaldac d1 server with additional external power supply, totaldac d1-seven, Echole PSU for Totaldac, Wilson Audio Sasha 2, Shunyata Research cables, Shunyata Hydra Alpha A10 + DPC-6 v3, Various Entreq ground boxes and cables, Entreq Athena level 3 rack, 2 X SOtM sNH-10G with sCLK-EX + 10MHz Master Clock input + sPS-500 PSU, i5 sonicTransporter w/ 1TB SSD
UK
