Will be interesting to see how this all plays out. I'm not aware that Sharp is known for anything "great". I never owned Onkyo, but it was nice having them around putting some price pressure on other companies like Pioneer, Sony, Denon, Yamaha, and others. And I knew friends who did have Onkyo tape decks, and receivers who were happy with them.
I hate to see any audio company fall by the wayside. It limits the choices of those just now getting in this game.
Onkyo has filed for bankruptcy
Onkyo has filed for bankruptcy. This was a premier brand when I was growing up.