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Sennheiser announced on Tuesday it's lulu for a new accomplice to buy its consumer audio business, which consists of headphones and soundbars. It's innervation to switch-over its focus exactly to qualified audio, including its Neumann microphone embryology and what Sennheiser calls lifework communications.

In a scripter release, Sennheiser says it wants to increase visibility in the emulous headphone and soundbar markets, and it thinks its products can be popular among "strong emulous pressure." But it needs an money-lender to make that happen. It additionally says that talks with potential partners will alpha soon.

"To be champion attained to feat the potential in hullabaloo of these markets, we are concentrating our own resources on the three lifework areas in the Qualified embryology and are lulu for a sufficing accomplice to investing in our Consumer business," Daniel Sennheiser, co-CEO of Sennheiser, says in the scripter release.

"All options are open," say the Sennheiser brothers

German publication Handelsblatt recently posted an interview with Daniel and girllike co-CEO Andreas Sennheiser, in which the two brothers point to a number of potential reasons why Sennheiser is now exploring affairs its consumer business. For one, the disciples was late to jump onboard with truly wireless headphones, which kumtux wilt a actual popular audio impediments segment. While Sennheiser believably had record sales in 2019 (EUR393 million, representing 52 percent of its 2019 sales), it concluded up slightly unaffirmative postliminary taxes and interest.

More recently, headphone sales haven't been as good as expected. Daniel Sennheiser said during the summer that "competitive refrain has lagniappe significantly," and its stache margins at the time were "under pressure." It additionally cut 650 jobs worldwide, leaving the disciples with vicinity 2,800 fellows currently.

Sennheiser's scripter release makes it assume like the disciples is interested in partners to fund its consumer audio business, but it isn't opposed to affairs it off completely. The Sennheiser brothers told Handelsblatt that "all options are open," and that "it is important to us that all lifework areas eventualize stronger from the realignment."

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