Parasound Halo JC 1 monoblock power amplifier
Thirty years ago, the upstart audio company NAD revolutionized the manufacturing of consumer-electronics components by "internationalizing" the process. Instead of physically making products, NAD hired a project team in one location to design a product that was then built at a sub-contracted factory located elsewhere. The arrangement allowed NAD to go into business with relatively little capital outlay and low overhead. Other companies have since copied this ingenious business model, and, as transportation and communication have improved, doing so has become easier and more efficient. It has brought prices down and quality up—mostly in the low and middle segments of the high-end audio and video markets.
