Auralic out of business?


My apologies if this is old new but I didn't find anything in the forum.  I watched the recent British Audiophile video review of the Lumin U2 Mini and he mentioned that Auralic was no longer "trading" which I take to mean out of business.

Has anyone seen something on this?

plain_fan

Between the USA tariffs which caused Auralic to suspend sales in the USA and the economic downturn in China which affected luxury goods sales, Auralic had an eighty percent decline in sales in 2024. Combine that with the founder's retirement and no succession plan and the company is a victim of circumstances. Supposedly their intellectual property is for sale for two million. I agree their abandonment of lower priced products made them less flexible and adaptable to changing markets. Their very active owner forum disappeared from their website, then it eventually reappeared at a new server for a few days. Now the new hosting site disappeared yet again a few days ago. 

Post removed 

I love when these kind of discussions come up, there is always somebody that comes out slinging Wiim like a weapon !