HIGH END MUNICH 2023 REPORT BY ERIC VAN SPELDE PART 1
HiFi PiG’s Germany and Benelux reporter and reviewer takes us around the first part of his report on the High End Munich show 2023.
The second post-pandemic edition of what is Europe´s, and possibly the world´s, largest and most influential HiFi show, saw East Asian companies return in full force. This meant a welcome return for the South Korean-based horn and valve amp stalwarts Silbatone, who brought a nearly 100-year-old speaker system to demonstrate their wares on, but it was the Chinese who brought what was very probably the largest and most expensive speaker system of the show at a cool 3.6 million Euro. On the other end of the scale, HiFi Pig´s own Stuart presented one of sixteen entry-level systems coming in under 5,000 euro for a complete set up, as part of the show organisers´ Sounds Clever initiative.
It´s fair to say both sides of the coin are actually a quite accurate representation of the state of the market for high quality domestic music replay equipment. Where the height of the Covid-19 pandemic, when staying at home often became mandatory rather than an option, lifted the market as a whole, the economic fallout from the Ukraine war having had a direct and rather dramatic effect in the cost of living for households especially in Europe, is turbocharging a phenomenon that´s been going on for a while now in societies that by and large have been subscribing to the neoliberal economic doctrine since the ´90s: the disappearance of the ´middle market´. Yes, there is (or was) such a thing as a middle market in high-end audio. Historically, the entry-level products of brands and lines that are considered ´high end´ have long formed the centre of gravity for distributors and hifi stores in terms of sales, with the top models acting mainly as a halo product for the stuff that real people were actually buying – the least expensive Accuphase amplifier, a Linn LP12 with the entry-level tonearm and cartridge, the ´smaller´ versions of Bowers and Wilkins´ 800-series speakers (the latter manufacturer being a notable absentee at the Munich show, along with the likes of Dynaudio, Paradigm, Denon and Marantz to name but a few). Now, the most ambitious and highest priced products are the business case itself rather than something to write off the marketing budget in the hope that asides from creating headlines in the hifi press, a technology transfer to the more affordable products in the range at a later point in time will make it all worthwhile. Pet projects that had no chance of being realised as a product before because of the cost, are now being thrown on the market with wild abandon. A price tag that would have been dismissed as ´utopian´ not that long ago, is no more a hindrance to sales: it becomes a condition to be taken seriously as a manufacturer at the sharp end of the audio grid.
On the other end, audio components that occupy the middle ground between three- and low four figure purchases on one side, and the five figures plus-range on the other, find themselves in a no mans land in terms of sales these days. People who would have bought a Linn Axis as a ´next best thing´ to the LP12 a quarter century ago, generally are buying entry-level Pro-Jects – preferably with built-in phono stages – rather than a high end deck nowadays. As the very best on the market is no longer something one could more or less realistically aspire to or approach, why bother, seems to be the sentiment. And those who still can afford high end hifi items, are increasingly buying the top of the range models. Which, along with supply chain problems and escalating materials and components prices – especially where energy-intensive production processes are involved – is why manufacturers are streamlining their line-ups and concentrating on the more lucrative, higher specced models. As we will see in this round up of the literally hundreds of stands and rooms present, there are also very high end brands that go against the grain and extend their portfolio downwards in a bit to attract new custom from outside the traditional hifi microcosmos…
There were other trends to be noted at the Munich show, for instance the launch of reimagined versions of well-known legacy products – sometimes as an anniversary celebration, sometimes to signify a return to core values for brands that are perceived to have lost their way or at least strayed somewhat in the recent past – and Keith Don´t Go slowly being superseded as the go-to ´audiophile´ track for demoing equipment by Liberty and Birds. Although, at the same times, we have heard Billie Eilish more than once, too – and no one would have suggested that her core audience would in any way align with the oft-touted demographics of HiFi showgoers…
AMG
Not Mercedes´ in-house tuning arm, but a Bavarian artisan manufacturer (here, the three letters stand for Analog Manufaktur Germany) of turntables that, for all their high-performance engineering, are possessed with elegant, visual simplicity. Only a static display at the High End of their turntable and tonearm range, including the recent Mk II version of their entry-level model Giro.
Aries Cerat
The high-end extremists from Cyprus were demonstrating a system built around the visually arresting Aurora speakers, of which the midrange horn resembles a dice with a trumpet carved out of one of its faces. It looks weird, but that´s not to detract from its performance when combined with a ribbon high-frequency unit, active driven bass units on four of five other faces of the cube in a hybrid open baffle/aperiodic damped enclosure, and fired by a huge (and hugely expensive) stack of (mainly) valve electronics from the same brand. For a full-range system comprising horns of this performance level, its dimensions are relatively compact, too, if anything but ´visually unobtrusive´…
Atohm
The French manufacturer of speakers and electronics had all three main stereo speakers of its GT line – a stand mount and two floorstanders – on rotation, driven by its own RS 700 GT Edition amplifier which has four modes – one for driving the speakers in high-pass mode to combine with an active subwoofer, and the other three tailored to each of the GT-line speakers. No real complaints of the sound here, although there was precious little done about room acoustics here so – as is often the case – we can´t say much about the ultimate potential of the speaker/amp pairings on demo.
ATR Audio Trade
One of German´s long-standing and largest audio distributors with a vast brand portfolio had a large stand in hall 3, with static presentations of all its brands – ATC, Audio Pro, Cabasse, Copland, DartZeel, Final, Guru, Nucleus, Plixir, RooExtend, Roon, Stax, Stenheim, Thiele, Thixar, Waversa Systems and Zavfino. We will encounter some of these brands with their own presentation, further on…
Audiaz
The loudspeaker manufacturer from Rosenheim, Bavaria debuted their new flagship, the Opera Grandezza with the world´s largest diamond midrange speaker at 90 mm, an Accuton driver like all others used by Audiaz which claims to be the only German manufacturer to date that has incorporated this very expensive unit. The supporting cast at the show consisted of a stack of Esoteric gear, which featured in several rooms of high-end speaker brands…
Avantgarde Acoustic
… among which Avantgarde who used Esoteric for showing off their Duo GT, the latest and best of a nearly 30-year dynasty of Duo models featuring the 67 centimetres midrange horn. All models in the ´classic´ Avantgarde range of Uno, Duo and Trio now feature the option of being fully active driven using the iTron current drive amplifiers developed in-house by Matthias Ruff.
The real surprise, however, was being demonstrated by Avantgarde head honcho Holger Fromme himself in the adjacent room. A baby Avantgarde speaker called the Colibri, sporting a single compression driver working a 35-centimetre horn from about 600 Hz upwards from the middle of an enclosure with flares/wave guides looking like a miniature version of the former Duo Mezzo, was pumping out Billie Eilish at high sound pressure levels, supported by a very large subwoofer driver in a slim enclosure, placed along a side wall. According to Fromme, it´s a concept for now, geared at a new audience – younger folks who go to concerts and clubs, got a taste of really good sound reproduction from higher-end headphones and would like something equally capable of plumbing the depths of one´s hearing for their living spaces. Unusually for Avantgarde, the Colibris are fully passive speakers. The complete kit would run to a not inconsiderable 13,000 euro or so – but, says Fromme, one could easily use something like a run-of-the-mill Klipsch subwoofer – the Colibris go down to about 50, 60 Hz – reducing the entry ticket to about 7,000 euro.
How did it sound, then? Very promising if not quite as refined as the larger Avantgardes.
Bellame/Advance
There can be few things as up-to-the-minute as walking into a room full of mid-century luxury décor, finding a futuristic ´sweet spot´ seat consisting of leather straps on a polished metal frame in a sea of wooden furniture, looking at equipment and speakers looking like a Sixties music centre for that era´s jet set but comprising the latest streaming technology with a screen flanked by framed pictures of both Daft Punk members. The mind boggles at such eclecticism, but when you learn that Bellame is a new product line from a family-owned furniture atelier with close family ties to Daft Punk, it all makes sense…
The future/retro theme does work to set the Bellame/Advance combo apart from all the other brands present in Munich, and in spite of the looks, the system consisting of a pair of largeish two-way speakers, mounted in oblong orientation on integral stands and a centrally placed subwoofer containing a pair of 10-inch units as well as all the system´s controls for the built-in streaming and amplifier section, the sound wasn´t old-fashioned at all; maybe not the last word in pinpoint accuracy but balanced, lush and very pleasant overall. This Hommage set up, finished in De Santos rosewood, full grain leather, and brushed metal, however, is limited to 100 pieces and as such in all probability occupies a rather different price stratosphere from the Advance electronics line also on display, which is positively reasonable by today´s high-performance audio standards.
Boenicke
Sven Boenicke presented his flagship W22, a homage to the company´s 22nd anniversary, speaker for the first time as a fully finished prototype. A fairly large speaker by Boenicke standards, it features all three drivers being suspended in the enclosure via a proprietary mechanism. Unusually for the brand, the 12-inch (ish) woofer is mounted on the front baffle rather than on one side, which gives the W22 rather different proportions – more akin to a classic B&W 801. The overwhelming first impression is that where the company´s smallest model W5 sounds huge for its size, this much bigger speaker manages to sound very agile and not overblown at all.
Brinkmann
Another long-standing German stalwart of high-end audio, Brinkmann used a pair of Audiovector R8s and Harmonic Resolution Systems equipment supports to demonstrate their range of turntables and electronics.
Cambridge Audio
Outside hall 4, a classic London bus was showcasing Cambridge´s range of moderately priced quality HiFi, going for the ´Cool Britannia X-factor. Faithless´ classic album Sunday 8PM was blasting out of a smallish ´lifestyle´ system from CD as we went by – stemming from those heady days when pre-Brexit Great Britain was actually cool…
Cube Audio
No ´main stage´ appearance for the Polish manufacturer of single driver speaker systems that are well-established in the German market, this year: just a small booth in Hall 3, also featuring the delectable Tektron valve amplifiers from Italy.
DALI
The Danish Audiophile Loudspeaker Industries held a press conference on Thursday, presenting two important new products as a way to celebrate its fortieth anniversary. With a RRP of a thousand euros, give or take a couple, the brand is stepping up its efforts in the headphone stakes with the new iO-12 that can be used as either a wired or wireless pair. The big thing about these headphones is the 50 mm drive units using DALI´s patented SMC (Soft Magnetic Compound) magnet technology, which combines very high magnetic conductivity with all but non-existent electrical conductivity, dramatically reducing distortion. Aside from very clean and balanced sounding, a short ´test drive´ also indicated the new ´phones are also possessed of excellent ergonomics – at least for the cranium of yours truly.
The other premiere concerned the Epikore 11, bridging the gap in price and technology between the flagship Kore speaker (80,000 euro/pair) and the Epicon range. By the way, the ´11´ is not a Spinal Tap reference but a way to define the approximate size of a speaker within the different DALI ranges, which in this case means ´significantly larger than the Epicon 8´. It also indicates tat unlike the Kore which continues to stand on its own, the arrival of more Epikore versions is to be expected. The ´Evo-K´ hybrid tweeter module comes straight from the Kore, while the other drivers – four 8-inch bass units carefully arranged by way of different crossover frequencies to all but eliminate first reflections from the floor, and a single 6.5” midrange unit – feature what is basically a mix of Kore and Epicon technologies as you would expect. Despite being driven by a pair of big ´n ballsy NAD M23 amps at the demo, DALI claims that the Epikore is an extremely easy load, having the flattest impedance curve of any speaker they measured (it´s a ´true´4-Ohm speaker with impedance dipping no lower than 3.2 Ohm anywhere). A half-hour presentation, albeit mostly with music from their own recordings, revealed the Epikore to be a very clean and natural-sounding speaker that not only has a way with large-scale recordings and firecracker dynamics but also manages to convey intimacy when called upon to do so.
dCS
Like a good few of its fellow upper-class electronics brands too, dCS relied on a pair of Wilson Audio speakers (Alexia Vs in this case) to showcase the sonic prowess of their wares. Power amps were Dan d´Agostino´s Momentum M400 monoblocks. There was a time, not that long ago, that one could walk into a room at hifi shows and you immediately knew that ´de-materialized´ music was being played from the internet, so bare-bones and devoid of a palpable sense of instruments and singers being physically present the sound – not anymore. Sonically if not from a business model perspective, streaming has come of age in the high-end market sector, and this was a fine example, enveloping and capturing the audience as it should.
DeVore Fidelity
A firm favourite at shows, and just like the man John DeVore always unpretentious, straight talking and au naturel. As per last year where they featured for the first time, the Baby Orang Utan (basically a slightly downscaled version of the O/93 and O/96 Orangutangs) and Micr/O ´bookshelf´ speakers were at the centre of the presentation, making the most out of a relatively small room with a few large plants providing a cozy atmosphere (and probably a little help in the acoustics department).
EgglestonWorks
Memphis´ premier (and perhaps only, we´re not sure) speaker brand burst onto the scene back in 1997 with the Andra which promptly won Stereophile´s Loudspeaker of the Year award. The Andra, now in Mk III SE form and the third largest speaker in an eight-strong range, also took centre stage at Eggleston´s Munich presence in 2023. Things do seem to move a little slower over there, and perhaps for the better. A classy and eclectic system consisting of a J.Sikora turntable, Doshi Audio valve electronics, and Skogrand cables provided the music signal for an enjoyable performance.
Elac
This long-standing German brand from Kiel in northern Germany was one of twelve manufacturers/distributors and four hifi magazines to show an affordable system under the ´Sounds Clever´ banner. Their ensemble of Miracord 50 turntable, ConneX DCB 41 active speakers and Debut S10.2 active subwoofer definitely looked and sounded like a lot more than what the grand total of 1.417 euro (probably the cheapest complete audio chain with loudspeakers of the show, by a fair margin) would suggest…
Engström
Timo Engström and crew brought the four-strong amplifier range to Munich with their statement monoblock amp ERIC, now with ´Encore´ added to signify a new configuration using 845 power valves in lieu of the T-100s hitherto used, driving Marten Mingus Septets with front end duties performed by a Reed Muse 1c turntable and their own M-Phono/MONICA preamp combo. Cool and understated Scandinavian aesthetics, classy sonics as always.
ESD Acoustic
From a complete system by a well-established German brand for well under 1.500 euro to a Chinese speaker ensemble for 3.6 million: oh, how times have changed… The Super Dragon´s specification reads like a custom horn speaker builder´s wet dream – carbon fibre horns and compression driver units for nearly the full frequency range, field coil drivers, beryllium and titanium diaphragms… Driver integration could be a problem, though – it´s no secret that the few custom horn systems around that are anything like this ambitious, are invariable the work of a lifetime passion of a single individual. Placed in a large, undamped exhibition space and dialed in in the course of a couple of days (if not hours) at best, sounds like a recipe for disaster. The large system wasn´t playing (or about to play) when we were there, but those who did hear it reported that it wasn´t as disastrous as they thought it would be, by a long shot. Also on (static) display were -among others – an integrated, three-way horn system with a pair of 12-inch bass speakers much like Avantgardes, and some intriguing bullet-shaped satellite systems with a separate subwoofer.
Fink Team
The people behind loudspeakers (among others) from many well-known brands decided to have a long, hard look at their highly regarded Borg floorstanders introduced in 2018, which resulted in the Fink Team Borg Episode 2 sporting improved enclosure damping and a modified crossover. Instead of resistors, autoformers are bringing the output level of the high frequency units in line with the bass drivers´ output. To make sure vibrations don´t affect their performance, the autoformers which are custom made in Germany, are cast in a special wax. A Duelund PP/silver hybrid inductor is incorporated in the high pass crossover. The second episode of the Borg, which comes in a whisker under 30,000 euro, sounded even more relaxed and refined than its predecessor when driven with Soul Note electronics.
Fono Acustica
A cable manufacturer that prides itself on offering high-end performance with an artisanal aesthetic, Fono Acustica chose a system built around Robert Koda amplifiers and Kharma Exquisite Midi Grand loudspeakers to demonstrate their cables and power distributor, which put together will almost certainly have cost more than most hifi systems… The question is always: does it sound this good because of the cables or because of the intrinsic qualities of the big-league components used and/or the room acoustics? A devilish dilemma if your portfolio is ´just´ cables, we know… although some cable manufacturers have successfully sidestepped this issue by offering ´good, better, best´ comparisons in the past.
Funk Firm
An interesting contrast to the former was provided by no one less than Arthur Khoubesserian, who – as far as we know for the first time in Munich – had upgraded his show presence from a mere sales booth somewhere in the depth of the halls to a proper demo room in the Atrium. Two systems were present and ready to go: Funk Firm´s take on ´Sounds Clever´ based on a relatively lowly Audio Technica turntable, albeit with a turntable upgrade package of his own that costs 1.5x the price of the turntable and cartridge combined, an Atoll amplifier and Dynaudio Emit 30 speakers with 75 quid worth of Van Damme speaker cable, and the ´main´ system built around the new Pink Triangle turntable (which has nothing in common with the classic decks of the same name that emerged as pretty much the first credible rivals to the all-conquering Linn LP 12 over forty years ago, though), Funk Firm´s own phono preamp and a pair of late-´70s Philips MFB (Motional Feedback) speakers! Pretty much any turntable you can name that has been made in significant numbers can be upgraded with a suite of Funk Firm components, from plinths to the Houdini cartridge-tonearm interface optimiser, and while there is a whiff of ´mad professor´ about some of it, Khoubesserian has a deep understanding of analogue replay and its pitfalls so yes, they do work. The whole room looked like the antithesis of the super slick, megabuck corporate presentations that surrounded it – which has always been Arthur´s way of doing things – but the music wasn´t any less because of it…
Fyne Audio
The second most well-known Scottish audio manufacturer these days build loudspeakers that might visually and by way of their concentric coaxial drivers pay homage to another manufacturer whose name had become a byword for ´loudspeaker´ on the British Isles in the olden days, but they are rather good at it, too. Let´s put it this way: two out of four affordable systems put together by HiFi magazines for the ´Sounds Clever´ initiative had Fyne speakers do the talking, and that doesn´t happen when you´re not competing at the sharp end of the grid… F703SP and Vintage Fifteen speakers were taking turns in the Fyne room – the latter were playing when we were there – on the end of a system consisting of the excellent Rega Planar 10 turntable, Rega electronics as well as a large valve integrated amplifier of unknown (to us) origin. No nasty surprises here: as always, the brand put on a thoroughly enjoyable, if musically unadventurous, show.
Gauder Akustik
Here´s a brand that´s been long established in the German-speaking world of high-end audio that is relatively unknown outside. Several ranges of classy but slightly Teutonic looking (mainly) columns, the bulk of which priced from the higher four-figure to the middle of the five-figure range, of which the pair on demo (sadly not playing when we were there) was finished in chrome…
Göbel High End
This Bavarian artisanal manufacturer was celebrating its 20th anniversary and took the opportunity to whisk us to their factory and showrooms near Landshut after the first show day, more about that in a separate feature later on. Massive speakers (the ones at High End were among the ´smaller´ in the range) supported by a pair of huge subs and driven by erm, massive CH Precision monoblocks. Utterly effortless, like having a seven-litre V12 under the bonnet; but also, extremely clean and coherent.
Grandinote
The Italian brand showcased a system towards the higher end of its range, consisting of the Mach 8 XL speakers – a line array of eight identical drivers with a horn tweeter in the middle – the new Solo integrated amplifier and Volta DAC/streamer. It made for a fast, tight, clean sound from an elegant setup with few ´boxes´ cluttering the ambiance.
Gryphon
Despite being all solid state, Gryphon is a brand that I personally have lots of time for. A fixture of the listening room of another (German) magazine is a Gryphon Orestes phono stage (dual mono, with a separate dual mono power supply unit) that was introduced in 1995 and after a recent rebuild still remains near the very top of its genre sonically and generally is a joy to use. At the Munich High End, Gryphon concentrated on the launch of its Diablo 333 integrated amplifier, successor of the highly regarded Diablo 300 and, of course, exquisitely built. Visitors lucky enough to get into the Gryphon room on Thursday spoke highly of the experience, but alas, on Friday the people manning the stand had a tough time of it. Hour after hour went by without a demo actually being started, parts of amplifier (Gryphon took five prototypes to Munich) and the last I saw was an electrician from the venue joining the Gryphon staff in the troubleshooting session, so chances are it wasn´t even the fault of the equipment… This is a nightmare scenario for any exhibitor and we do hope everything went smoothly over the weekend on the public show days.
High Fidelity Studio
This German distributor brought a system showcasing the MoFi (Mobile Fidelity) record decks, phono stage, and the new SourcePoint 10 loudspeakers, a standmount design by Andrew Jones (formerly of KEF, Infinity, Pioneer, TAD, and ELAC). As its name suggests, the latter features a 10-inch concentric driver where the cone functions as a waveguide for the 25 mm dome tweeter in the centre. To keep cone movement and thus, diffraction levels low, Jones chose as large a cone diameter as would fit within the compact enclosure.
International Audio Group
This Chinese-led conglomerate of pretty much half of all mainstream British audio brands – if not more – plus a few others for good measure, concentrated on the launch of the new line of Quad electronics. The Platina series consists of a 200W integrated amplifier with digital inputs and matching cd transport. A matching network streamer is to be expected not too far down the line. The development was entrusted to no lesser outfit than Fink Team, the responsible development engineer of which held a tech talk before we got to the listening part. This brings us to the second big news item: the Revela 1 and 2 speakers, respectively a two-way standmount and three-way floorstanding speaker. High frequencies are covered by an improved version of Quad´s classic ribbon tweeter, while mids and lows are courtesy of cones featuring a new, proprietary fibre material.
Input audio
Nothing strictly new here, ´just´ proprietor Bernd Hömke´s usual considered approach to system building with his Transformer turntable (a ´supercharged´ version of Michell´s entry-level deck offering an excellent price/performance ratio) fronting a system comprising Parasound electronics, Manley valve power amplifiers, and largeish Harbeth monitors (going against Harbeth´s mantra that all amplifiers are the same except the few bad ones, and one best chooses one with lots of Watts and be done with it!). It´s the kind of system you can easily imagine to feature in actual people´s homes, and as always, a pleasure to spend a bit of time with.
IsoAcoustics
Apart from their usual – and very effective – demonstration of the difference that their isolation footers make to the sound quality of loudspeakers by more or less randomly switching between two pairs – one sitting on the manufacturer-provided spike and one on IsoAcoustics footers, there was a novelty to report on in the shape of an app, or wizard, where you tell it what audio equipment you have – many items are already in IsoAcoustic´s database but in case yours isn´t, you fill in the dimensions and weight, and then it suggests what footers, isolation platforms and whatnot would be suitable. This is available on isoacoustics.com under ´product selector´ in English and shortly, in German, too.
JBL
Inspired by the JBL SA600 amplifier from the 1960s and the exclusive SA750, introduced to celebrate the brand´s 75th anniversary in 2021, JBL is introducing a ´Classic Series´ line of electronics to go with their retro-styled speaker series. At the event, JBL demonstrated the new SA550 Classic integrated amplifier, MP350 Classic streaming media player, CD350 Classic CD player, and TT350 Classic turntable.
Kharma
Always one of the big hitters at the High End, we´re left to wonder what kind of budget the Dutch company of Charles van Oosterom has reserved for their presence at the show. Not just the walls in their room are their own, but also the floor with brand logo inscribed, golden squares connecting the individual floor panels! The Enigma Veyron 2D loudspeakers they brought, are the second largest speakers out of the brand´s top range, the rest of the set up was interesting because it didn´t read like the who´s who of ultra-luxury high-end that you would expect. Raw performance was obviously given priority here, with a classic Technics SP 10 fronting the analogue section, Van den Hul´s The Grail SB acting as the phono stage of choice, an integrated Luxman player handling CD, and two Pink Faun 2.16 Ultra music servers handling streaming duties. Of course, it did sound great although we would have liked to hear some tunes that regular music junkies can relate to – a criticism that can be leveled at the vast majority of rooms with setups in the ultra high-end stratosphere…
Klimo
D.Klimo from Italy had an intriguing setup at the show, starting with the very spidery Beorde Plus turntable at a shade over 15.000 euro including PSU, tonearm and cartridge, handing over the music signal to the Lar phono stage and Merlino tube preamp, and the Unico 35 dual mono power amp (surprisingly compact and affordable at 3,150 euro) powering some Indiana Line floorstanding speakers priced at a fraction of any of the other components. This was obviously a room that wasn´t aiming at overwhelming the audience with record-breaking dynamics, resolution, and so on, more the thing for late-night sessions with a good glass of wine. Simpatico!
Watch the HiFi PiG video around the halls of High End Munich 2023
Eric van Spelde
There are more High End Munich 2023 reports to follow, we will see you at High End Munich 2024, from May 9th to 12th, 2024 at the MOC Munich!
NO PART OF THIS ARTICLE MAY BE COPIED IN ANY FORM. THIS INCLUDES WORDS AND PHOTOGRAPHS WHICH ARE THE PROPERTY OF HiFi PiG AND BIG PIG MEDIA.
Read all the HiFi PiG High End Munich 2023 Reports here