Big Six, Beware: Samsung May Soon Enter the Hearing Aid Arena

  SEOUL, SOUTH KOREA—The consumer electronics titan Samsung is making plans that could shake up the hearing aid industry, according to a report published April 27 in the online publication BusinessKorea. After watching the successes of the partnerships that its industry rival Apple has forged with GN ReSound and Starkey Hearing Technologies, Samsung appears ready to invest in the…

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New app makes ReSound’s LiNX hearing aids compatible with Apple Watch

    COPENHAGEN–GN ReSound, which last February became the first manufacturer to offer a hearing aid, the ReSound LiNX, that allowed wearers to stream audio directly from their Apple iPhone, iPad, or iPod touch to their hearing aid without need for a separate intermediary device, has introduced a new hearing aid app designed specifically for…

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Scott Davis of Sivantos is new HIA chairman

      WASHINGTON, DC—The announcement of the first Unison Hearing Health Global Summit was the biggest story to emerge from the 2015 annual meeting of the Hearing Industries Association (HIA) on March 6, but not the only news. The national trade association of manufacturers of hearing aids and related products elected Scott Davis as…

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Sonova to buy Hansaton, and two hearing aid retailers; also plans cost-cutting steps

      STÄFA, SWITZERLAND—Sonova Holding AG, the world’s largest hearing aid manufacturer, announced today (March 2) that it will acquire three German hearing aid companies: Hansaton Akustik GmBH, which is a family-run hearing aid wholesaler, and two retail chains, Vitakustik GmbH and Fiebing Hörtechnik GmbH. The purchase prices were not disclosed.     Sonova,…

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William Demant and ReSound reach agreements with major hearing aid retailers

    By David H. Kirkwood COPENHAGEN–Two of the hearing aid industry’s Big Six companies–William Demant, parent company of Oticon, and GN ReSound—are taking steps to strengthen their retail distribution channels. Demant announced yesterday (February 17) that it is negotiating to buy a majority interest in Audika Groupe, the largest network of hearing aid centers…

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Bernstein Research is bullish on ReSound; sees it gaining on Sonova and Demant

By David H. Kirkwood LONDON–Bernstein Research, a leading analyst of the hearing aid industry, sees continued growth and higher stock prices in 2015 and beyond for GN Store Nord (GN), parent company of ReSound. However, as the title of its latest report, Hearing Aids: A Review of the Major Sector Trends Going into 2015. Still…

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Readers’ Choice 2014: Phonak and Costco team up

Dear Readers: During this holiday season, the editors at Hearing Health & Technology Matters (HHTM) are taking some time off. However, we are not leaving you without anything to read on our blog this week. Instead, we are publishing a special holiday edition filled with what we call our Readers’ Choices. HHTM has had more…

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A rising IntriCon will provide hearing aids to the UK’s National Health Service

By David H. Kirkwood ARDEN HILLS, MN—Hearing care providers are familiar with the world’s “Big Six” hearing aid manufacturers, or at least their flagship brands. That’s only natural, as together Sonova, William Demant, GN Store Nord, Siemens, Starkey, and Widex account for over 90% of the devices sold in the U.S. and Western Europe. However,…

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Siemens to sell hearing aid division; $2.67 billion deal is industry’s biggest ever

This updated version of the post published on November 7 includes additional comments about the sale of Siemens from an informed source whom I interviewed this week. My informant asked not to be named because he was not authorized by his company to speak for publication.  David H. Kirkwood, Editor, Hearing News Watch   MUNICH,…

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Siemens in the re-making: Latest update

This week, the lead item on Hearing News Watch is a post about the ongoing saga of the sale of Siemens Audiology Solutions. It is written by my blog colleague Holly Hosford-Dunn, PhD, who published it October 24 on Hearing Economics. I thought this timely report would be of interest to Hearing News Watch readers as…

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