Audiovox 2003 Annual Report Download - page 12

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Electronics Group
Electronics Industry
The mobile and consumer electronics industry is large and diverse and
encompasses a broad range of products. There are many large manufacturers in the
industry, such as Sony, RCA, Panasonic, Kenwood, Motorola, Samsung and JVC, as
well as other large companies that specialize in niche products. The Electronics
Group participates in selected niche markets such as autosound, mobile video,
vehicle security and selected consumer electronics.
The introduction of new products and technological advancements drives
growth in the electronics industry. Some of these products include digital
satellite radio, portable DVD, home and mobile video systems, flat panel TV's,
navigation systems, MP3 players and two−way radios.
Electronics products
The Company's electronics products consist of three major categories:
mobile electronics, sound and consumer electronics.
Mobile electronics products include:
o mobile video products, including overhead and mobile entertainment
systems, video cassette and DVD players
o automotive security and remote start systems
o automotive power accessories
o navigation systems
Sound products include:
o autosound products, such as radios, speakers, amplifiers, CD changers
and satellite radios
Consumer electronics include:
o home and portable stereos
o two−way radios
o LCD televisions
o DVD players
o MP3 players
o cordless telephones
The Electronics Group markets its products under the Audiovox(R) brand
name, as well as several other Audiovox−owned or usage right trade names that
include Prestige(R), Pursuit(R), Jensen(R), Acoustic Research(R), Advent(R),
Rampage(TM) and Code−Alarm. In addition, sales by the Company's Malaysian,
Venezuelan and American Radio subsidiaries fall under the Electronics Group. The
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