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VOXX International Corp

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VOXX International Corp - Automotive showcase

Year Founded & Workforce

1960

1,082 Employees

Industry

AutomotiveB2BB2C

Services

Automotive Rear Seat Infotainment
V

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VOXX International Corp Overview

Company Headquarters: Florida, United States

Founded: 1960

Workforce: 1,082

Company Working: VOXX International Corp. (VOXX) is a premium audio, automotive, and consumer electronics product and accessory manufacturer. Aftermarket/OE-styled radios, car link-smartphone telematics application, rear-seat entertainment devices, business music systems, high-end loudspeakers, automotive security, headphones, and cinema speakers are among the company's product offerings. VOXX also offers product design and development, sales training and customer packaging, installation, repair services, and warehousing. The company sells its products under the brand names Audiovox, Acoustic, Advent, Car Link, Code-Alarm, Klipsch, and Chapman. Power retailers, new car dealers, healthcare equipment manufacturers, specialty and Internet retailers, distributors, and regional chain stores are all served by VOXX. The company has operations in several countries throughout North America, Latin America, and Europe.

Company Snapshot

$394.9M

Revenue

1,082

Employees

1960

Founded

Florida, United States

Headquarters

SWOT Analysis

Strengths

  • Strong brand recognition and reputation in the consumer electronics industry
  • Focus on innovation and technology
  • Strong distribution channels in the US and Europe

Weaknesses

  • Dependence on a few key customers for a significant portion of revenue

Opportunities

  • Expansion into emerging markets, such as Asia and Latin America
  • Increasing demand for electric and autonomous vehicles

Threats

  • Intense competition

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Key Developments

DateApproachDevelopment
September 2022PartnershipVOXX International had partnered with LG Electronics to develop and market a range of rear seat entertainment solutions for the global automotive market. The partnership will focus on developing innovative and high-quality products that meet the needs of modern consumers.

Product Offering

  • VOXX International Corp
    • Automotive Rear Seat Infotainment

Financial Performance

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

By Business Segment: Sales rose from USD 394.9 Mn in 2020 to USD 635.9 Mn in 2022.
VOXX International Corp — By Business Segment
Series (USD Mn)202020212022
Sales394.9563.6635.9

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