![]() The new plant will enable the group to ramp up production capacity by 20% in FY19. ![]() ![]() The behavioral shift in how people listen to music inside and outside their homes will boost demand for portable speakers and sound bar.ĭemand upcycle leading to robust expansion. According to Technavio, global speaker market will post a 4-year CAGR growth of 17% from 2018-2022 to reach USD27bn, the key factor driving the growth of the market is the rise in popularity of wireless streaming of audio device. Formosa Prosonic Industries Berhad (FPI) is one of the leading manufacturers of high quality sound system in Malaysia with a strong team of audio experts each of whom has over 30 years of experience in designing, manufacturing and marketing of sound system products to worldwide multinational companies.īullish speaker market outlook. We initiate coverage with BUY rating with TP of RM2.19, pegged to 13x of average FY19-20 EPS.Įstablished in 1989. FPI has a strong balance sheet and been paying out generous dividend for the past 10 years. When it comes to earthquakes, the confusion can often be found in the fact that, sometimes, earthquakes can bring about similar noises as they occur.FPI is expected to experience solid growth ahead on the back of (1) bullish speaker market outlook (2) robust expansion (3) synergistic partnership with parent company Wistron who is also a global EMS leader and (4) beneficiary of the US-China trade war. Usually, when a sonic boom is heard, there is a wider area of reports from those who have felt something, whereas earthquakes tend to be more localized.įinally, often the military may inform the USGS of their intentions to fly planes in an area, which would usually indicate the shaking or boom heard by residents is more likely to be a sonic boom, rather than an earthquake. The second defining factor is the area affected. If a signal is picked up at all by seismologists, it would only be for a very short time due to the difference in the speed of sound in air to the speed of seismic waves in rock, which causes earthquakes. The key differences include the length of the high-frequency signal. Woman Says FBI Did Little to Help After Haitian Gang Kidnapped Her Father.Yellowstone Volcano's Norris Geyser Basin Has Risen.Japan Seeks OK to Release 1,000 Tanks of Treated Radioactive Water in Ocean.But, generally speaking, they do not affect what is happening at ground level very often or to any great extent. However, there are some who, due to the power of a sonic boom, have reported shaking in their area, which means it has been brought to the attention of seismologists.Ī sonic boom can have some seismic qualities which are felt by individuals on the ground. The Difference Between a Sonic Boom and an EarthquakeĪccording to the USGS, they would not use seismic instruments to measure a sonic boom, as they occur in the atmosphere rather than on the ground. However, some have suggested there can be seismic qualities to such an event. The change in air pressure is what makes the sound ring out. As the pressure of these molecules releases, the boom is heard. Similarly, if a plane flies quickly through the air, it forces air aside, which can create a shockwave, due to built-up air molecules. When the boat moves through water, it pushes water aside, thus creating a wake. This can be an aircraft or aerospace vehicle, and is caused when air is displaced by such a vehicle, forming a shock wave, which is then sharply released when the resulting pressure is released.Īn example of how this works is similar to when a boat creates a small wave in the water. Read more Stunning Videos Show Colorado Fireball Shooting Across the Night SkyĪccording to NASA a sonic boom is a thunder-like noise which is heard when something travels faster than the speed of sound.
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