3502 WOODVIEW TRCE # 220 INDIANAPOLIS, IN 46268 Get Directions
3502 WOODVIEW TRCE # 220 INDIANAPOLIS, IN 46268 Get Directions
We believe we are a leading global manufacturer and supplier of consumer electronic products in the automotive, premium audio and consumer accessory industries. We have developed a broad range of products sold under a portfolio of over 30 well-known consumer brands such as Klipsch, RCA, Audiovox, Magnet, Heco, Acoustic Research and automotive Original Equipment Manufacturer ("OEM") brands such as Hirschmann Car Communication, Invision and Code-Alarm.
We maintain leading market share positions across targeted product categories. We supply our products to a highly diversified customer base consisting of automotive OEMs, specialty consumer electronics and mass merchandise retailers, power retailers, 12-volt specialists and other commercial entities.
We have grown organically and through strategic acquisitions, both of which have enabled us to expand our product offering, diversify into new markets and geographies and improve our financial performance. Since 2002, we have completed twelve acquisitions, including the two transformational acquisitions of Car Communication Holding GmbH and its worldwide subsidiaries (now VOXXHirschmann, which is part of the Automotive segment) and Klipsch Group, Inc. and its worldwide subsidiaries ("Klipsch"), (which is part of the Premium Audio segment).
We have also added substantial research and development resources, enabling us to introduce a robust pipeline of new products that are responsive to key market trends and that we believe will enable us to increase market share and margins across each of our key operating segments. Further, with our recent acquisitions, we have added manufacturing capabilities to complement our outsourced manufacturing strategy. Currently, we manufacture approximately 30% of our products across our global facilities. The blend of internal and outsourced manufacturing enables us to drive innovation, control product quality and speed time-to-market.
Our company was incorporated in 1987 as successor to a business founded in 1960 by John J. Shalam, our Chairman of the Board. Effective December 1, 2011, Audiovox Corporation changed its name to VOXX International Corporation and today conducts business through 19 wholly-owned subsidiaries and a 50% non-controlling ownership interest in a supplier of televisions and other automotive sound, security and accessory products to specialized markets for specialized vehicles.
We have three reportable operating segments-Automotive, Premium Audio and Consumer Accessories.
We operate our business in three Business Segments: Automotive, Premium Audio and Consumer Accessories segments.
Automotive
The Automotive segment manufactures and supplies a wide array of mobile electronics products for the global automotive OEMs and in the aftermarket through national and global distribution channels. Automotive products include rear-seat entertainment, satellite radio, vehicle security, remote start systems, digital TV tuners, mobile antennas, mobile multimedia systems, aftermarket/OE-styled radios, smartphone telematics applications, collision avoidance systems and telematics.
Premium Audio
The Premium Audio segment designs, manufactures and supplies premium, high-end audio systems for the "audiophile", serving end customers through global specialty and mass merchant retail channels and e-commerce. In addition, Premium Audio has a strong opportunity for growth with the professional and commercial installation category. Segment products include home theater systems, high-end loudspeakers, outdoor speakers, iPod/computer speakers, business music systems, cinema speakers, flat panel speakers, sound bars and sound bases, headphones and streaming music systems.
Consumer Accessories
The Consumer Accessories segment designs, markets and supplies a number of consumer accessories products for everyday lifestyle for use at home or when on the go. VOXX sells consumer accessories products in the U.S. and Europe primarily through specialty and mass merchant retail channels. Products include universal remote controls, reception products, indoor and outdoor wireless and Bluetooth speakers, iPod docks/iPod sound, A/V connectivity, portable/home charging, rechargeable battery packs, digital consumer products, and personal sound amplifiers. In addition, the Company is currently working on new products in the consumer electronics space that include imagery and biometrics and expand the automotive segment reach into high tech consumer products. Select Consumer
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