VOXX International Corp

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

Key Developments

Date	Approach	Development
September 2022	Partnership	VOXX 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

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