Another one bites the dust :(
This is what will happen ...
Production moves to China ...
Sales of Tannoy drops even further because why would you pay the same price when the novelty (hand-built in Europe) has worn off ...
Tannoy becomes just one more of the many lackluster, run-of-the-mill speaker companies trying to cash in on a 'proud' legacy ...
A new speaker company from China pops up, and surprisingly their speakers look, feel, and sound just like Tannoy with almost identical technology/drivers ...
Word on the street is that the Tannoy clones are actually not clones, but just re-branded speakers made in the same factory and the same workers, offered at half the price ...
Next!?!