Reeling from poor sales of their premium consumer Wi Fi and networking gear, US Company Netgear, whose market share is under threat, from cheaper high performance products manufactured by Chinese and Taiwanese network Companies, has moved to release a cheap range of Orbi and Nighthawk products in an effort to turn around mounting losses and falling revenues.
Several retailers in Australia have reallocated shelf space to other brands due to their high priced network products failing to sell through.
In the last quarter ending March 31st, 2024, revenue at the global networking Company fell 9% to US$164.59 million from a year ago.
The recently released Netgear Orbi BE27000 Quad-band Mesh WiFi 7 System is selling at JB Hi Fi for $4,299 at a jaw-dropping $4,299 with two extenders.
The new Orbi 770, on the other hand, is selling at $999 according to the Netgear web site.
It’s still a tri-band mesh router system that supports Wi-Fi 7, that will support for up to 100 simultaneous devices.
The top speed is only as good as what the NBN is able to deliver to the device in Australia.
A three-pack will cover up to 740 square metres and there are a pair of 2.5Gb LAN ports for wired connections to a gaming console or shared storage device.
The difference with the new device is that it has a cylindrical design which is cheaper to manufacture and ship.
It also has four internal antennas for 360-degree coverage.
The company says the system will work “regardless of the home layout, from the front door to the backyard.”
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