Audiovox 1997 Annual Report Download - page 5

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An Interview with Philip Christopher, President & CEO Audiovox
Communications Corp. and Executive Vice President, Audiovox
audiovox communications corp
Audiovox wireless products are marketed through Audiovox
Communications Corp., a wholly-owned subsidiary of the
Company. ACC distributes its products in the United States to
theregional Bell Operating Companies, other carriers and their
respective agents, distributors and retailers. International
sales are handled through several joint ventures as well as
directly to international carriers and distributors. The sub-
sidiary maintains a substantial marketing effort, both domes-
tically and internationally, for private label and OE programs.
ACC also operates twenty-six retail locations under the name
Quintex that act as agents for the carriers in their respective
markets.
Since we entered the market in 1984, Audiovox has
been an industry leader in cellular with our products consistently
ranking among the top brands. Our customer base reads like a who’s
who in the telecommunication industry as we sell our products to vir-
tually every carrier, both wi rel i ne and non - wi rel i ne. Au d i ovox
Communication products represented nearly seventy percent of the
Company’s total sales this past fiscal year. In 1997 ACC shipped 3 mil-
lion cellular telephones, bringing the total number of Audiovox cellu-
lar telephones in the market today to over 10 million.
Q U E S T I O N :
Can you comment on the growth of Audiovox Communications
Corp.?
A N S W E R :
Communications
Net Sales
($ in millions)
Unit
Sales
(in millions)
4