Come for the tech, stay for the doughnuts.
(Credit: Scott Stein/CNET)The Consumer Electronics Association held its annual summer CEA Line Shows this week in midtown Manhattan, and we stopped by for a quick look around. This is a pale, pale shadow next to CES, but at least a few big manufacturers were there to show their wares. Check out the gallery to see what a mid-afternoon June wander through a quiet bunch of tech booths feels like. We came, we saw, we took a few photos, and we went home.
The Consumer Electronics Association has teamed up with Google's YouTube to sponsor a contest encouraging homemade public-education videos on the DTV transition.
The contest, entitled "Digital TV: Convert Now!", will award a tricked-out home entertainment center to the producer of the best video that "educates the public on how to prepare friends and family for the digital television (DTV) transition," according to the Web site. To get the ball rolling, the Association enlisted the country act Whiskey Falls, whose call-out video is available on the site now.
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CNET, which publishes CNET News, announced on Tuesday its partnership with the Consumer Electronics Association on the new CEA-CNET Consumer Sentiment Indexes. It's intended to be an economic index for researchers, academics, the media, and the tech industry to use as an indicator of economic climate and outlook.
The Consumer Sentiment Indexes measure general consumer confidence, plus industry expectations.
(Credit: CEA and CNET)Consumer confidence in the tech industry doesn't always go hand in hand with standard economic bellwethers. Difficult economic circumstances certainly haven't tempered the world's appetite for shiny new toys, if Apple's iPhone 3G is any indicator.
After 18 months of research, the Consumer Sentiment Indexes' numbers for July have been released, along with the announcement of the index itself. Each edition of the indexes consists of two figures: as the Index of Consumer Expectations, or ICE, handles general consumer confidence, the Index of Consumer Technology Expectations, or ICTE, is specific to the tech and electronics industries. In July 2008, for example, ICE was measured at 165.5, almost 2.5 points lower than the previous month. The ICTE, on the other hand, was 81.7, about the same as June 2008.
The Consumer Electronics Association is the trade group responsible for the annual Consumer Electronics Show (CES), a massive exposition held each January in Las Vegas.
August's CEA-CNET index figures are set to be released on the 26th of the month, and rollouts of future editions are scheduled for 10 a.m. ET on the fourth Tuesday of each month.
The only "Philips" you'll see at CES 2009 will be at the Funai booth.
(Credit: CNET)Philips will not be exhibiting at the 2009 Consumer Electronics Show. The Philips brand, however, will still be on display at the Las Vegas Convention Center, thanks to the expanded presence of Funai--the Japanese company that will be producing TVs sold in North America under the Philips name starting later this year.
A Philips representative confirmed to CNET that the Dutch electronics giant will not have a presence on the show floor at the mammoth Las Vegas trade show, verifying rumors that had surfaced earlier this year.
Traditionally, the Consumer Electronics Association's massive January event is used by industry stalwarts to highlight emerging trends and key products that will be introduced over the course of the subsequent year and beyond. Philips' exit from that high-profile showcase comes in the wake of its recent announcement that it's outsourcing TV production to Funai for Philips- and Magnavox-branded sets sold in the North American market.
Indeed, Funai is doing its part to fill the void left by Philips' exit from the show. A spokesman for the Consumer Electronics Association, the industry group that runs CES, had this to say:
Philips has been a pioneer in the consumer technology industry, and a well-known brand for consumers in the U.S. and around the world. The recent license agreement between Philips and Funai was a strategic business decision between two consumer technology companies. CEA respects the strategic decisions that all of our 2,700 exhibitors make regarding their business model and the International CES. We look forward to welcoming the Philips brand back to the 2009 CES in a new way, through its partnership with Funai, which has significantly increased exhibit space for the 2009 show to approximately 10,000 net square feet.
Keep in mind that 10,000 square feet may sound like a lot, but it's small potatoes compared with the megabooths that house major manufacturers like Sony, Samsung, Panasonic, and--up through last year--Philips.
While not having to pay for all that space on the show floor will undoubtedly save Philips considerable expense, it will also mean forfeiting the publicity and intangible buzz that comes from being at the center of the industry's biggest annual event. Just last year, for instance, the company snagged the Best of CES award for its energy-efficient Eco TV (though its admittedly impressive low power consumption couldn't overshadow the middling picture quality evident when we reviewed the final product).
The company could still use the show as a springboard for new product announcements, however: it's all but certain Philips will still have some personnel on hand at CES for meetings with journalists, analysts, retailers, and other industry insiders. And plenty of CES no-shows still crank out the press releases during that week--with the seemingly endless list of gadget blogs and tech sites covering the show, all a company really needs is a product photo and a descriptive blurb to get some virtual ink.
To be sure, skipping CES doesn't necessarily confine a company to also-ran status. Nintendo and Apple, two of the hottest names in the industry, have long since spurned the Vegas show. Likewise, Onkyo and Yamaha have opted out in recent years. Furthermore, Philips is quick to point out that the company is still producing, selling, and marketing all of its own non-TV products for North America. And it will continue to produce TVs for other global territories--most notably Europe--where its brand remains stronger.
Still, when one considers that Funai already produces electronics that are sold under the labels Sylvania and Emerson, you have to wonder: is Philips on the road to joining those once hoary companies as a ghost brand--a holding company that just licenses its Western name to give better brand cachet on store shelves to an anonymous Asian manufacturer? Maybe, maybe not. But skipping the world's biggest consumer electronics show doesn't exactly inspire confidence.
What do you think: Is the Philips brand in decline? Does Philips' no-show mean CES is losing some of its luster as the consumer electronics industry's ultimate sneak preview? Or is this just more "inside baseball" industry gossip that will have little impact on the future of consumer electronics? Share your thoughts below.
More than 50 percent of households in the U.S. own a digital television, according to preliminary report results released Friday by the Consumer Electronics Association (CEA).
The organization, known for its annual International Consumer Electronics Show (CES) in Las Vegas, predicted that digital television manufacturers will post an 11 percent growth totaling more than $25 billion for 2007. For 2008, the group expects 32 million more television units to ship, with 79 percent of those televisions being HDTVs.
CEA plans to release the full findings of its state-of-the-television-industry report at a presentation given by CEA analyst Steve Koenig on January 5. The 2008 International CES is scheduled to take place January 7-10.
View complete CES 2008 coverage from CNET.
News flash: Americans have money to throw around. And we like to spend it on shiny, new gadgets.
The Consumer Electronics Association, a trade group representing electronics companies, released a study Thursday that shows the average American adult spends $1,200 on electronic gizmos each year. The result is that the average U.S. household has about 25 consumer electronics products each.
Though we're still snatching up CE mainstays like cell phones and cameras, the top growth sectors in the industry are digital video recorders, network routers, MP3 players and cable modems, according to the study. So, though it's long been predicted we'd be living in totally wired homes, the increasing popularity of DVRs and routers indicate we may finally be on our way.
The study also found that teens spend $350 a year on gadgets, roughly half of their discretionary money, and adults with teens living in the home, spend $500 more than the national average of $1,200.
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