Audiovox 2013 Annual Report Download - page 11

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Sales in our Automotive, Premium Audio and Consumer Accessories businesses are dependent on new products, product development and
consumer acceptance.


The impact of future selling prices and technological advancements may cause price erosion and adversely impact our profitability and inventory
value.







There is no guarantee that patent/royalty rights will be renewed or licensing agreements will be maintained
 


We plan to continue to expand the international marketing and distribution of our products, which will subject us to risks associated with
international operations, including exposure to foreign currency fluctuations.





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