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Harman Hits Voxx Int’l & Klipsch Group with Major 13-Count Lawsuit

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Cover page of Harman v. Voxx and Klipsch

Something tells me these companies – Harman International Industries, Inc. and Voxx International Corp/Klipsch Group, Inc. aren’t going to be friends…or even friendly. I have learned that Harman has filed a significant 13-count patent infringement lawsuit against Voxx/Klipsch for copying its patented JBL PartyBox line in the creation of the Klipsch Gig XXL party speaker line.

Harman says Voxx/Klipsch continued its allegedly unlawful actions even after being notified of the infringement by Harman back in the fall of 2023.

Learn all about Harman v. Voxx et al…

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Gentex, Owner of Onkyo & Klipsch, Reports 1Q/2025 Results; Sales & Profits Declined

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Gentex CES 2025 booth

Gentex Corporation (Nasdaq: GNTX), the new owner of Voxx, Premium Audio Company, Onkyo, Integra, and Klipsch reported the financial results for its first quarter of fiscal 2025 – the period that ended on March 31, 2025. Note that these results do not include the Voxx et. al. acquisition in its numbers, as that merger did not close until April 1, 2025. Gentex reported declines in sales, gross profit dollars, income from operations, and net income.

And all that happened before the new tariffs launched by the Trump administration took effect in full force.

Learn more about the Gentex results in the first quarter of 2025…

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Voxx Total Company Value Falls Below Book; Takes Big Write-Downs to Over-Valued Assets

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Voxx investor relations page. Company is being acuired by Gentex Corp.

In New SEC Filing, Company Reveals Onkyo, Rosen, and VSM No Longer Have Any Goodwill

Voxx International Corporation (Nasdaq: VOXX) has released its Form 10-Q report to the Securities and Exchange Commission (SEC) revealing its financial results for its third quarter – the 90-day period ending on November 30, 2024 – as well as the year-to-date nine-month period ended the same date for Fiscal 2025. It is a sobering report of a company struggling to get to the altar with Gentex while its financial foundation is increasingly shaking.

The surprising results answer some questions, yet raise others as revenues continue to decline and losses mount.

Learn more about Voxx’s current financial situation…

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ProSource Drops Premium Audio Company from Assortment

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ProSource experience center

BREAKING NEWS

On Wednesday, ProSource CEO Jim Pearse notified members of one of the industry’s largest dealer buying groups that Premium Audio Company – a subsidiary of Voxx International Corporation that oversees its audio brands Onkyo, Integra, and Klipsch – is being dropped from its assortment. This is big news and comes at a difficult time for Voxx which is in deep due diligence for its acquisition by Gentex Corp.

See more on ProSource dropping Premium Audio Company

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Voxx Drops Another 18.6% in Sales; Smaller Company Seeks More Profits & Less Debt

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Voxx reports Fiscal 2025 Q2 results

Onkyo, Integra, and Klipsch Owner Stops Bleeding in Profits But Not Sales

Voxx International Corporation (Nasdaq: VOXX) announced the financial results for its second quarter and first half of Fiscal 2025 on Thursday after the close of markets. The company, which is in the middle of a major transformation of its business, hailed the results in which it has dramatically cut the level of its total and net debt, and finished with a small net income after several quarters of net losses.

But these positive results were generated at the expense of net sales which continue to decline.

See more on the results of the second quarter for Voxx

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Klipsch Partners with Marvel Animation as Official Home Speaker of X-Men ’97

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Leading consumer speaker brand Klipsch announced this week that it is partnering with Marvel Animation’s X-Men ’97 as the official home speakers for the series which launched on Disney+ Wednesday. If you have kids, you likely know the popularity of the X-Men franchise, which with this new series looks to trade on that popularity to the benefit of both partners.

Learn more about this X-Men ’97 & Klipsch partnership

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Premium Audio Company Elevates Rob Standley and Lowers Prices

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A system with Klipsch speakers, part of Premium Audio Company

A couple of interesting announcements this week from Premium Audio Company (PAC), the Voxx Int’l subsidiary that markets the company’s premier audio brands such as Klipsch, Onkyo, Integra, Jamo, Pioneer, Elite, and more. First up, Rob Standley gets a big promotion to President of Technology and Product, a big step up. Second, and I would say counter-intuitively, the company says it’s lowering prices on many of its “most popular and best-selling audio solutions.”

Learn more on these latest moves from Premium Audio Company

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New TX-RZ70 Tops the Onkyo Line as Its Flagship Model

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Photo of the new Onkyo TX-RZ70

On Monday, Premium Audio Company (PAC) announced the launch of the Onkyo TX-RZ70, a flagship audio-video receiver that the company says provides “stellar audio performance” along with “studio-level processing.” As a “flagship,” by definition, this model is at the top of the Onkyo AVR line-up and is being launched just three-and-a-half weeks after the launch of Integra’s flagship model, the DRX-8.4.

See more on this top Onkyo AVR

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VOXX Int’l Launches E-Commerce Platform Selling Premium Audio Co. Brands

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Voxx Int'l home page

VOXX International Corporation (VOXX), owner of Premium Audio Company (PAC) and many other brands, announced this week that it has launched a new e-commerce platform. This new platform is initially being rolled out at Premium Audio Company – the division that operates brands such as Klipsch, Jamo, Onkyo, Integra, Pioneer, Elite, Magnat, and Heco.

Learn more on Voxx’s top brands being sold through e-commerce

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Osaka District Court Approves Onkyo Bankruptcy Petition for Two Subsidiaries

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Onkyo Home Entertainment Co. Ltd. (Onkyo) has announced that its two consolidated subsidiaries – Onkyo Sound Co. Ltd. (ONS) and Onkyo Marketing Co. Ltd (OMC) – have filed for bankruptcy. The company said that it had petitioned the court to begin bankruptcy proceedings for these divisions and has received judicial approval to begin the bankruptcy process from the Osaka District Court in Osaka, Japan.

See more on the bankruptcy of these Onkyo subsidiaries

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