Legendary Japanese Hi-Fi Brand Onkyo Files For Bankruptcy

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People want flat panels, evidence is there are more choices in that category, but less choices in the last few years. People want projectors and Blu-ray players but there are less choices there. People want home theater setups with A/V receivers ranging in price between $400-$10,000+. However in the last few years too many people have been using 2.0 stereo setups with either soundbars or flat panel speakers built in. There is still demand for under $1,000 bedroom 7.1 surround setups and higher end $2,000 to $20,000+ home theater setups.

Companies are still making A/V receivers, but its hard to get the chips with supply shortages and inflation. So overall all home electronics suffer with inflation and chip shortages.