Auralic Shut down?

[sidvee]

Another brand shuts down:

AURALiC Ceases Trading Effective Immediately

The rumour mill has been swirling for some months now about the long-term future of the high-end streaming brand, AURALiC.

stereonet.com

They are blaming US tarrifs, now I am wondering how many other Chinese/HK brands may be in trouble being that the US is their largest market.
Cheers,
Sid

 

[jai1611]

Auralic is Korean so didnt have the China specific issues. Plus a lot of electronics dont draw tariffs currently (I'm not sure if audio streamers qualify there). Generally, Korea tariffs are around some European and South East Asian countries. China and India are higher.

With streamers, the company shutting down hurts customers a lot more. No firmware or app updates means compatibility will erode at an accelerated pace.

 

[sidvee]

Auralic is Korean so didnt have the China specific issues. Plus a lot of electronics dont draw tariffs currently (I'm not sure if audio streamers qualify there). Generally, Korea tariffs are around some European and South East Asian countries. China and India are higher.

With streamers, the company shutting down hurts customers a lot more. No firmware or app updates means compatibility will erode at an accelerated pace.

"Originating in Beijing China, AURALiC has steadily grown and now has an additional office in Portland Oregon as well as specialized staff across North America and Europe. Dedicated to advancing the state-of-the-art in high-performance audio, we will continue to release cutting-edge products. We sincerely hope you enjoy listening to them as much as we do."
Excerpt taken from below link:

Why AURALiC

Established in 2009, AURALiC has been at the forefront of driving innovation in high-performance music reproduction technology for over a decade. Inspired by a Berliner Philharmoniker concert in Waldbühne Berlin in 2008, AURALiC's founders, passionate classical music enthusiasts, embarked on a...

us.auralic.com

Cheers,
Sid
PS: AFAIK Aurender and HiFiRose are S.Korean, Lumin is based in HK
Also any purchase of Chinese goods electronic or otherwise in the US, is subject to tarriff. I bought a meanwell PSU from mouser in the US and had a tariff charge added, also products from Chinese mfrs. like Holo audio etc., all have their prices increased by 20-30% reflecting tariffs.

 

[jai1611]

Also any purchase of Chinese goods electronic or otherwise in the US, is subject to tarriff. I bought a meanwell PSU from mouser in the US and had a tariff charge added, also products from Chinese mfrs. like Holo audio etc., all have their prices increased by 20-30% reflecting tariffs.

They’ve exempted things like cellphones and laptops. Guess those exemptions are quite narrow if DACs get covered

My bad on the Auralic - Korea confusion . Had carried that impression for years!