Up 52.2 % in sales after buying Thomson's accessory business (and other acquisitions), Audiovox now says it will look to acquire new companies, especially a custom home installation business.
Audiovox is reported to be examining two companies and one is “in the CEDIA channel, in home installation type products."
LCD-panel shortages may have hurt Audiovox's LCD TV sales by as much as 20% and its portable DVD player business by 30%, but Audiovox, once known solely for car audio, may become America’s largest aftermarket supplier of XM Satellite Radio by year end.
