For those that love high quality headphones, EPOS is clearly a reputation that resonates. The model was born out of a collaboration between Demant and Sennheiser digital over 20 years in the past. However, in 2018, a change in technique led Sennheiser to tug out and finish its involvement in gaming. Demant wished to proceed by creating a brand new unbiased entity, EPOS, throughout the group. While the winds of the pandemic might have boosted gross sales for a time, it was on the design degree that the shift was felt. The outsourcing of manufacturing to China was instantly seen by purists.
The gaming market continues to consolidate
Just a few days in the past, Demant introduced that it could be step by step scaling again its Gaming enterprise and concentrating extra on core enterprise options inside its Communications phase. The Gaming enterprise will likely be wound down step by step, and EPOS will proceed to serve and help its clients whereas lowering present product inventories.
Following extraordinary demand triggered by the pandemic in 2020, the gaming market has slowed significantly as a consequence of weak shopper demand, and we see no viable path to making a worthwhile enterprise with out important funding in merchandise, branding and distribution. We naturally remorse the impression our determination can have on the staff affected, and wish to thank all the staff who’ve labored so exhausting to develop the Gaming enterprise in tough circumstances.
This determination due to this fact follows the (predictable) market downturn on the finish of the pandemic and a evaluation of the longer term progress potential and competitiveness of the Gaming enterprise, and follows a interval of weaker-than-expected outcomes as a consequence of weak market circumstances and an absence of scale and significant mass.
