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Is Kenwood Closing Their Home Audio Biz?

AudioRevolution's Jerry Del Colliano is reporting that Kenwood could be closing the doors on their home audio business based on several rumors.

“Rumors surfaced today that Kenwood USA is closing their home electronics business. Contacts at Kenwood and their PR firm were not available for comment at the time of publishing.

Email correspondence confirmed by sources inside the AV industry imply that the brand manager for Kenwood’s home audio division, Dean Hutto, was let go by the company today. Kenwood is likely to stay the course in its car audio business where the company owns a much larger portion of the electronics market. “

Read more at AudioVideoRevolution

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