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JVC Kenwood

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JVC Kenwood - Semiconductor showcase

Year Founded & Workforce

2008

16,939 Employees

Industry

Semiconductor

Services

Digital Walkie TalkiesLicense Free RadioAnalog Radio (LMR)Amateur RadioShort Range Business Radio
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JVC Kenwood Overview

Company Headquarters: Japan

Founded: 2008

Workforce: 16,939

Company Working: JVCKENWOOD works in designing, manufacturing, and selling automotive products, home appliances, and wireless systems devices. The company has two different brands covering different markets. One is JVC which provides in-car entertainment products, healthcare, consumer electronics such as camcorders, visual systems, headphones/speakers, projectors, and television. The other one is Kenwood which provides in-car electronic products and professional communication. Walkie talkies or two-way radios are sold by Kenwood under its professional communication segment. The professional communication segment further includes digital radios, license-free radios, analog radios (LMR), and amateur radios. The company has presence in Asia-Pacific, the Americas, Europe, and other regions.

Strategy

JVCKenwood Corporation strategizes to increase its product range at a competitive price to keep an edge over competitors. Besides, the company has been investing in its product development activities to improve its product portfolio and strengthened its market position in the emerging markets, such as Asia-Pacific and Middle East & Africa.

Company Snapshot

$2,600M

Revenue

16,939

Employees

2008

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Wide Customer Base
  • Robust research and development capabilities
  • Vast product portfolio and business segment
  • Strong R&D capabilities

Weaknesses

  • Dependence on third-party for raw materials
  • High operational cost

Opportunities

  • Growing opportunities for growth using inorganic approach
  • Existing product development
  • Expansion opportunity through merger and acquisition

Threats

  • Environmental and other governmental regulations
  • High Competition
  • Technological changes
  • Constantly evolving technology

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Key Developments

DateApproachDevelopment
October 2019Product LaunchJVCKENWOOD Corporation launched two new digital media receivers—KMM-BT525HD and KMM-BT328U. These receivers are equipped with Bluetooth which can be operated via voice control systems, i.e., Alexa.
October 2019Product LaunchJVCKENWOOD Corporation launched three new CD receivers: KDC-BT378U, KDC-BT34, and KDC-BT34. These devices are equipped with 204 segments 1-line text display and are compatible with Spotify.
October 2019Product LaunchJVCKENWOOD Corporation launched a new KDC-X304 CD receiver with Bluetooth which is compatible with Amazon Alexa.
October 2019Product LaunchJVCKenwood Corporation launched NX-1200/1300 Portables radios with a 13 segment, 8-character direct and intuitive LCD display, 40-bit ARC4 enhanced encryption in DMR mode, and programmable 7-color LED indicator.
March 2018Product LaunchJVCKenwood Corporation launched its DMR Tier III trunking capability for the first time in its booth at IWCE 2018, with the support of DMR developer Radio-Activity.
January 2017Product DevelopmentJVCKenwood Corporation extended its comprehensive line-up of Kenwood ProTalk branded radios with the introduction of TK-3230DX portable, updated the iconic TK-3230 with a new design and features.

Product Offering

  • JVC Kenwood
    • Digital Walkie Talkies
    • License Free Radio
    • Analog Radio (LMR)
    • Amateur Radio
    • Short Range Business Radio
    • Land Mobile Radio

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 2.6 Bn in 2016 to USD 2.8 Bn in 2019.
JVC Kenwood — By Business Segment
Series (USD Bn)2016201720182019
Global Sales2.62.72.82.8

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