January 2, 2020
Sang Park — the CEO of Soundcat — sat for an IEMITO exclusive interview in which she discussed the Pro-Audio and Hi-Fi opportunities in South Korea. She also spoke about Soundcat's extensive distribution footprint for IEM's and beyond.
"The Pro-Audio equipment market size is comparatively small compared to that of Japan and China since our geographical size differ significantly. It is about $300 million USD but we expect it to grow as popularity in K-pop grows," said Sang. And on the Consumer Electronics side of the equation, "since Korea is home to CE giants such as Samsung and LG, its current size is about $9.7 billion USD."
Read the full interview here: SALES & DISTRIBUTION SUCCESS WITH SOUNDCAT
