ZMF Caldera

The Caldera Open is the first Planar-Magnetic headphone by the American company ZMF. It's quite a looker and it's priced at $3499.

The Caldera Open is the first Planar-Magnetic headphone by the American company ZMF. It's quite a looker and it's priced at $3499.

The HiFiMAN Arya Unveiled is the newest addition to the wildly popular Arya. Now sporting their newest Unveiled technology, coming in at $1449.

The HiFiMAN Goldenwave GA-10 might be the most ambitious headphone amplifier in HiFiMAN's portfolio. It's a balanced tube amplifier with the price of $1599.

Fosi Audio i5 is the brand's first headphone that they have released. It uses a planar-magnetic driver and it's priced at $549.

The Grand Luna might just be the most unique IEM that Campfire Audio ever manufactured. It uses a planar-magnetic driver and two balanced armatures. It's priced at $1399.

As the year 2025 is coming to an end, it’s time to round things up, as per usual. This year, we had many new releases that redefined their respective fields in terms of product placement, and we are more than grateful to have been able to review them. Quite a few noteworthy shows as well this year - the final Munich show, CanJam London, and AVS Warsaw. This year, however, we have visited Paris for the first time, for the Paris Audio Video Show. Why does that matter? Because every show is an opportunity to interact with people who make this hobby great, and if I had a single New Year's resolution, I’d promise myself to visit even more.

The ISVARNA is the first ever hybrid pair of headphones by HiFiMAN. It uses a single dynamic driver, together with a planar-magnetic driver. It's priced at $2899.

The N6iii is the new modular DAP released by Cayin. It has interchangeable motherboard design and it's priced at $1299.

The OVO is the first headphone amplifier released by the Polish Fezz in a while. It is a class-A, tube amplifier, and it's priced at €3500.

The Clara is a collaboration between Campfire Audio and Alessandro Cortini. It's an universal IEM using a combination of Dynamic Driver and Balanced Armatures. Its price is set at $1999.