This has been a difficult and challenging year for everyone because of Covid, and Linn and its competitors are no exception.
‘I was thinking about all the potential issues Linn has had to face this past year, and the list is a bit daunting:
-Covid 19 has caused a lockdown of the factory, preventing production for a few months. Some employees have been furloughed or working from home, making it difficult to produce products, repair products or continue to do research and development on new Linn products.
-Parts suppliers have stopped production for a period of time, making it hard to source everything from speaker cabinets, finishing speaker cabinets, sourcing various parts required for assembly and so on.
-AKM which supplies the Katalyst DAC’s for Linn’s Katalyst products had a major fire in Japan, and may be out of action for up to a year, while they rebuild the factory.
-Brexit has made international trade with the EU much more complicated.
‘-One of 2 main suppliers of vinyl for record production has burned down, leaving only one company supplying vinyl to the record manufacturers. This leaves one main vinyl plant in Japan.
-‘Linn personnel have not been able to travel around the world to promote their products at Linn dealers, HiFi shows or do training for the sales force that sells Linn at the stores.
-Many Linn dealers were forced to close their brick and mortar stores temporarily, while adhering to Covid restrictions, making it difficult to do in store demos.
.
-On the positive side, Linn sales have done remarkably well, as people entertain themselves while they are staying at home due to Covid restrictions. This has resulted in significant sales for Linn products as people upgrade their HIFi systems.
-Linn released the Karousel bearing for the LP-12 just before Covid restrictions were put in place, and has been a resounding success for Linn.
-Here is wishing the best for Linn, and all of us, in the coming year, as the vaccines are rolled out to the public
‘What do you think?
‘I was thinking about all the potential issues Linn has had to face this past year, and the list is a bit daunting:
-Covid 19 has caused a lockdown of the factory, preventing production for a few months. Some employees have been furloughed or working from home, making it difficult to produce products, repair products or continue to do research and development on new Linn products.
-Parts suppliers have stopped production for a period of time, making it hard to source everything from speaker cabinets, finishing speaker cabinets, sourcing various parts required for assembly and so on.
-AKM which supplies the Katalyst DAC’s for Linn’s Katalyst products had a major fire in Japan, and may be out of action for up to a year, while they rebuild the factory.
-Brexit has made international trade with the EU much more complicated.
‘-One of 2 main suppliers of vinyl for record production has burned down, leaving only one company supplying vinyl to the record manufacturers. This leaves one main vinyl plant in Japan.
-‘Linn personnel have not been able to travel around the world to promote their products at Linn dealers, HiFi shows or do training for the sales force that sells Linn at the stores.
-Many Linn dealers were forced to close their brick and mortar stores temporarily, while adhering to Covid restrictions, making it difficult to do in store demos.
.
-On the positive side, Linn sales have done remarkably well, as people entertain themselves while they are staying at home due to Covid restrictions. This has resulted in significant sales for Linn products as people upgrade their HIFi systems.
-Linn released the Karousel bearing for the LP-12 just before Covid restrictions were put in place, and has been a resounding success for Linn.
-Here is wishing the best for Linn, and all of us, in the coming year, as the vaccines are rolled out to the public
‘What do you think?