HD Radio Receivers Bust The $100 Barrier
July 9, 2008 at 11:14 AM (PT)
IBIQUITY, the developer of digital HD RADIO technology, said that the all-important $100 price point for HD RADIO receivers has been smashed. The new under $100 HD RADIO devices from COBY, ILUV, JVC, PIONEER, RADIOSOPHY and SONY will see home, office and automotive uses. The latest prices represent a 30% reduction compared to a year ago.
"This price point brings the superior performance of HD RADIO receivers with attractive functionality to a much broader audience," said IBIQUITY Pres./CEO BOB STRUBLE. "Having world-class device manufacturers throw their support behind HD RADIO broadcasting, and bring devices of this outstanding quality to the retail market at such an affordable price is yet another signal of the mainstream interest in the technology."