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In the era TWS, and drastic decline of IEMs market. It's supposed to be a $50-$100 rated item. Good luck with sales lol.
There's still a very big market for high end wired iems. Case in point, the various jvc products here on drop selling mad numbers. They aren't for everyone, but tws just haven't caught up to the sound quality of wired iems even half their price.
Wired IEMs are targeted towards audio enthusiasts who are not into "consumer-ish" TWS sound quality.