Last year I wrote about how Sound United was planning to take over the business of Japanese audio brands Onkyo and Pioneer. The deal fell through for some reason and now news comes from Japan that might explain why the sale didn’t go through. According to Nikkei Asia, Onkyo Home Entertainment filed for bankruptcy yesterday at Osaka District Court. Total liabilities have been stated as being around ¥3.1 billion which is around $24 million. The company is based in Osaka and was delisted back in August. The company’s failure has been blamed on its inability to adapt to the fast-changing...